Insurer
Household pressure to offset improved motor climate in 2015, says Fitch
A halt in motor premium declines and improved commercial performance is expected to see the UK non-life market stabilise in 2015 but this could be offset by increased pressure in the household space, according to Fitch Ratings.
ABI holding off Flood Re contracts as government talks continue
The Association of British Insurers is holding off contracting with a managing agent and a reinsurance broker for the Flood Re scheme due to ongoing discussions with government around the initiative's secondary legislation.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Blog: Private prosecutions - select wisely
Has the time come for insurers to use prosecution in the criminal courts in order to win the fight against claims fraud?
Barbican bolsters cyber underwriting team
Barbican Insurance Group has appointed Ace USA’s Matthew Waller as cyber, technology and media underwriter.
Andrew Torrance to leave Fireman's Fund in US restructure
Allianz's former UK CEO Andrew Torrance is stepping down as CEO and president of Allianz's Fireman's Fund unit at the end of the year.
Ferma secures future as it names Willaert as next president
Agfa-Gevaert corporate risk manager Jo Willaert has been named deputy president of the Federation of European Risk Management Associations, following board approval.
New vehicle damage repair standard published
A new British Standard for vehicle damage repair has been published by BSI to help repair centres differentiate themselves from their competitors.
FCA turns focus to competition in GAP market
The Financial Conduct Authority is proposing changes to promote competition in the £160m guaranteed asset protection insurance market.
Transport minister raises driverless car hacking concerns
The government is “mindful” of the threat posed by hackers to driverless vehicle technology and has suggested that future developments will require sophisticated encrypted protection.
Prospect of formal Quindell investigation raised in parliament
Pressure is mounting on embattled outsourcer Quindell after a former City minister posed a parliamentary question on whether the firm, its board and its advisers were being investigated or if any future probe was being considered.
Berkshire Hathaway, Fosun and RSA: five leading 2014 Asia stories
Andrew Tjaardstra, Post's Asia editor, summaries five leading stories that made the headlines in Asia-Pacific over the year.
Zurich poaches QBE’s Whistler for UK vendor management role
Zurich has recruited Neil Whistler to serve as head of vendor management for UK claims from January 2015.
Regulated firms to pay for £3.8m FCA report
The cost of the investigation into the Financial Conduct Authority's handling of publicity around a proposed life insurance thematic review is to be borne by the firms it regulates.
Fusion Insurance opens Manchester office
Fusion Insurance has opened a Manchester office - its seventh trading office in the UK.
Zurich infographic: The risks of exporting for SMEs
A challenging economy has pushed many businesses to look into diversification of products services and markets
Insurers unfazed by CMA probe into Crawford's GAB acquisition
Insurer claims specialists are relaxed about the Competition and Markets Authority investigation into Crawford’s £45.8m acquisition of GAB Robins.
Europe: London matters
The latest report on the London Market from the Lloyd's Market Group points to opportunities and challenges for the sector in comparison with the rest of Europe. Steve Hearn explains that this means
Aegis partners with PWC on cyber terrorism product
Lloyd’s syndicate Aegis London has launched a new cyber product in response to the growing threat of destructive attacks linked to on-going conflicts.
Ageas secures £150m RBS loan for retail restructure
Ageas has obtained a loan of £150m from RBS Invoice Finance to help it restructure its retail business as announced in its Q3 results.
Capita seals three year Hiscox outsourcing contract extension
Hiscox has signed a three year contract renewal with outsourcer Capita Insurance Services.
RSA marine liabilities boss Hart joins Skuld as class underwriter
Marine insurer Skuld has appointed RSA’s Nick Hart as marine liability class underwriter.
Debenhams signs three year car insurance deal with Eldon
Eldon Insurance has agreed a three year partnership deal with Debenhams Retail that will result in the Newcastle-based firm providing car insurance for the retail firm.