Insurer
Blog: What does Google's US insurance move mean for Admiral and UK market
Ever since Beat that Quote was acquired by Google there has been ongoing speculation about what the move would mean for the UK insurance space.
Whistleblowing measures should be welcomed by insurers, says CII
Proposals to make it mandatory for all regulated firms to establish whistleblowing policies should be welcomed by the insurance industry, according to David Thomson, director of policy and public affairs at the Chartered Insurance Institute.
Report urges EU policymakers to boost insurance access
Trade body Insurance Europe is urging policymakers to contain the cost of regulation in order to make insurance more accessible and reduce state dependency in a time of loss.
Mutuals Bill awaits Royal Assent
The private member's Bill that would give mutual insurers alternative capital raising powers received its final reading in the House of Commons on 6 March and was passed with "unanimous support", according to the Association of Financial Mutuals.
Allianz's Asia-Pacific profit recovers
Allianz's operating profit in Asia-Pacific climbed 17% to €429m (£309m) last year compared with 2013.
Blog: First impressions of the insurance world
Let me introduce myself - I'm James Verrinder and am the new senior reporter on Post.
UK could be 'leader' in drone technology with right regulation says Lords committee
The UK could become a global leader in drone technology, but regulation is needed to ensure public concern about the safety of unmanned systems does not set the industry back.
Blog: Surveyors' duty of care - recent decisions from the courts
Over the past year, the courts have handed down a number of judgments providing guidance about when a surveyor will owe a duty of care, and what the extent of that duty will be.
Sompo acquires 7.8% stake in Scor
Sompo Japan Nipponkoa Insurance has acquired a 7.8% stake in French reinsurer Scor.
Blog: Cyber risk on Claims Club Asia's agenda
A very Happy New Year of the Goat and welcome to our Claims Club Asia blog.
DfT urged to harness insurer data to inform transport policy
A Transport Select Committee report has recommended the Department for Transport works with the insurance industry to see how it can use anonymised vehicle data to inform policy.
Bellamy calls for Das arrangement to be referred to the regulator
Former Das employee, Philip Bellamy, has denied any wrongdoing and insisted his own conduct was “impeccable” following news of his departure.
Bupa UK sees 2014 revenue grow 5% to £2.7bn
Bupa UK has achieved a 5% revenue increase for the year ended 31 December 2014 to £2.7bn.
Travelers Europe promotes COO Wilson to CEO
Travelers Europe chief operating officer Matthew Wilson has been appointed CEO for the business.
Towergate confirms Towergate Financial sale
SME giant Towergate has confirmed the sale of Towergate Financial to Palatine Private Equity, subject to Senior Secured Creditor consent and regulatory approval.
Friends Life grants investment opportunities but selective GI exits considered
The Friends Life deal will “accelerate” Aviva’s turnaround and enhance its ability to deliver improved cashflow and growth according to CEO Mark Wilson.
MGA's and specialists lead the way in product innovation, SSP says
General insurance technology provider SSP has identified managing general agents and specialists as top innovators in its new white paper.
Brokers to provide risk management guidance with online tool
Brokers are being encouraged to provide their clients with risk management guidance as an online digital tool is launched by Axa.
Europe C-Suite: Making it happen for International Women's Day
RSA's Melanie Steel on why more needs to be done by the global insurance industry to attract women into the sector.
ACE Group hires claims director for Continental Europe
ACE Group has hired Tim Scott-Young as claims director for Continental Europe.
Motor rate decline to halt in 2015, says Admiral UK CEO
Price reductions in the UK motor market are set to end in 2015, as cheaper claims frequency rises in the wake of lower fuel costs, according to Admiral Group’s UK CEO David Stevens.
Insurance Europe calls for EIPOA stakeholder workshops
Insurance Europe has called for a limited on the number of guidelines and simplification for Solvency II implementation.
Aviva records 6% increase in operating profit
Aviva posted a 6% increase in group operating profit to £2.17bn for the 2014 financial year, and an improved combined ratio, as CEO Mark Wilson warned the firm had “further to travel” with its turnaround plan.
Admiral posts reduced profit for first time since float
Admiral Group posted a profit of £357m for 2014, the first fall in profit since its stock market flotation in 2004.