Insurer
Sun Life launches GI products
Axa-owned Sun Life has dropped the Direct from its name as part of a rebrand which has seen it enter the general insurance space. The company has said it is addressing consumer need by launching ‘straightforward and affordable’ products, supported by a …
Arthur damage likely minimal
Tropical storm Arthur is unlikely to deal significant damage to properties in North Carolina should it make landfall later this week, according to catastrophe modellers AIR Worldwide.
Two thirds of public back young driver restrictions
The majority of the British public back measures to cut death and injury on the roads through restrictions on newly qualified young drivers, according to an RAC survey.
Post magazine – 3 July 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
JLT acquires stake in Sunidhi Group broking subsidiary
Jardine Lloyd Thompson has completed the acquisition of a 26% shareholding in Independent Insurance Brokers Private, the Mumbai and Chennai-based insurance and reinsurance broking subsidiary of Indian financial services business Sunidhi Group.
Uninsured Italian vehicles hit 3.5 million
The number of uninsured vehicles on Italian roads reached 3.5 million in 2013, up from 3.1 million in 2013 according to the Italian association of insurance companies ANIA.
Zurich calls for improved data checking among brokers
Brokers have been challenged to help maintain the fight against fraud after a survey by Zurich showed that almost a quarter of ID checks fail because customers’ dates of birth have not been entered correctly.
Zurich begins search for new UK GI boss as Lewis leaves to replace Brown at RSA
Analysts question Lewis’s direct experience after 25-year tenure at Zurich
Insurers seek clarity over tangible returns from infrastructure investment
ABI looks to secure 20-year investment partnership with government
C-Suite - Insurer: Joining the rating game
Customers want insurers to publish rating information before purchasing
Hong Kong legal changes win captive audience
Recent legislative changes in Hong Kong have set out the government's "determination" to promote the city state as a hub for captive insurance, according to law firm Howse Williams Bowers.
Comment: Tour de France: a risk perspective
With the Tour de France set to kick off in Yorkshire, what should insurers be aware of?
Tropical storm Arthur set to graze Florida
The first named storm of the Atlantic hurricane season will brush the Florida coastline later today, before strengthening near the end of the week.
Insurers' defences likely to be watered down through law reforms
A reinsurance lawyer has warned several legal defences currently available to insurers are likely to be watered down through proposed changes to the Insurance Contracts Law Draft Bill.
Nanotechnology: Thinking small
With the use of nanotechnology increasing exponentially – up from 54 consumer products in 2005 to 1628 today — is this a positive advancement for insurers?
Your say: Telematics for the mass market
Post's recent roundtable on telematics made an interesting read and raised some valid points.
Penny Black's Insurance Week - 3 July 2014
Penny was lucky enough to spend a splendid day quaffing champagne and eating lobster while watching the tennis at Wimbledon last week.
Voice of the Future: George MacDonald
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of George MacDonald, technology underwriter at Chubb Insurance.
Axa UK CEO Evans nominated as ABI chairman
Axa UK group chief executive Paul Evans has been nominated to replace Tidjane Thiam of Prudential as chairman of the Association of British Insurers.
Market Moves - 3 July 2014
All the latest job moves in the insurance market
Double figure hike for Japanese earthquake premiums
Japanese non-life insurers are expected to raise earthquake insurance premiums by an average of 15.5% according to a report in the Jiji Press.
Aviva poaches Great Eastern chief
The chief executive of Great Eastern, Chris Wei, is to join Aviva as head of its global life insurance business and Asia chairman.
XL Group extends Shariah compliant capacity to financial lines
XL Group has extended its Shariah compliant capacity to financial lines products across financial institutions, professional indemnity and management liability.