Insurer
Zurich mulls closure of defined benefit pension scheme
Global insurer Zurich is planning an overhaul of the benefits provided to UK employees which would see the closure of its final salary pension scheme.
Career development: Aviva and Solus unveil Thatcham-backed training scheme
Directors at Solus and Aviva have joined with new apprentices at Thatcham’s Automotive Academy to launch a new multi-discipline training programme.
Market Moves - 13 November 2014
All the latest job moves in the insurance market.
Marsh appoints Cormier as head of product development
Broker Marsh has appointed Michael Cormier as head of portfolio development.
Zoos: The nature of the beast
The death of a man who entered a tiger enclosure at a Delhi zoo made global headlines in September, but has the tragedy had an impact on the wider zoo insurance sector – and how can the industry protect itself from such incidents?
In Series: Personal Injury: Is the tide turning?
While insurers are hopeful recent reforms have signalled a sea change in personal injury, making it more difficult to succeed with fraudulent claims, claimaint lawyers say genuine claimants will suffer. So who’s right?
Aviva's Tulloch to chair ABI General Insurance Council
Aviva UK and Ireland general insurance CEO Maurice Tulloch has been appointed chairman of the Association of British Insurers' General Insurance Council management committee.
Interview: Mike Holliday-Williams: Back from the cold
After more than three years as RSA Scandinavia CEO, Mike Holliday-Williams is back on home soil as DLG managing director of personal lines. He tells Post what he’s learnt from his time abroad and how he is responding to the changes in the UK market
Insurance industry failing to win over business students
The insurance industry’s lack of appeal to business students could impact the sector’s future success, according to a study carried out by business advisory firm Deloitte.
C-Suite: Insurer: All that glitters is not gold
Brokers should not lose sight of what they do best in search of a ‘bigger piece of the pie’
Penny Black’s Insurance Week - 13 November
Almost a year ago to the day, Zurich’s David Clements was on stage at Post’s fraud conference, joking that he was used to being received by crowds in raptures, launching underwear and foam fingers his way.
Price softening opens door for smaller Lloyd's syndicates to grab market share
Catlin Group’s primary syndicate remains the leading Lloyd’s syndicate in terms of 2013 gross written premium, although its top spot could be under threat as other operations seek to obtain fresh market share.
Blog: East Asia Insurance Congress 2014
I was one of over 1500 delegates attending the East Asia Insurance Congress in Taipei between 2-6 November. Dubbed the Monte Carlo of Asia' it is a feast of business, networking, panels, parties and stands.
40% of London market premiums 'under threat' says LMG
The London Market is facing a raft of challenges to its position as the dominant insurance hub, according to a report into the market’s competitiveness released today.
RSA’s Hood handed chief digital officer role
RSA has promoted digital and multi-channel director Ian Hood to the newly created role of chief digital officer.
Markerstudy partners with Premium Credit on retail deal
Markerstudy has appointed Premium Credit as its retail division premium finance partner.
Gherkin acquired by Safra Group
London’s Gherkin building, home to Swiss Re, has been acquired by an investment group led by Brazillian banker Joseph Safra.
Discovery acquires Prudential's remaining stake in Pru Health
South African medical insurer Discovery is to acquire Prudential's remaining 25% stake in Prudential Health for £155m.
Galactic loss and Antares explosion likely to put pressure on rates
The recent crash of the Virgin Galactic test flight and the Antares rocket explosion will put upward pressure on rates across the aviation sector, according to AM Best.
Equinox Global expands its presence in France
Equinox Global, the Lloyd’s cover holder, has appointed Vladimir Malenic at Equinox France, which recently moved into a new central Paris office.
Hiscox reports solid Q3 statement with broadly flat GWP
Hiscox has reported a slight dip in gross written premiums of £1.36bn (2013: £1.37bn) for the first nine months of the year to 30 September and claimed a disciplined approach in reinsurance was offset by steady growth in insurance lines.
Zurich unveils Hong Kong SME key person insurance product
Zurich has brought out a life insurance product for SMEs hit by the sudden death of a key executive, partner or shareholder.
ABI deems Medco software critical in whiplash fraud fight
The Association of British Insurers has deemed the development of an IT system designed to randomly allocate medical experts for soft tissue injury claims as critical in the reform of the medic-legal reporting system.