Insurer
TSC chair Ellman raises ABS concerns
Select committee chair calls for ABS loophole scrutiny
The Russian insurance market: Major events in Q1 2014
The first quarter of 2014 turned out to be a very calm period for the Russian insurance market. However, although nothing significant happened, there have been positive developments in the sector, says Paul Koshik,
Mass concerned at court fee proposals
The Motor Accident Solicitors Society is concerned at the increasing cost of court fees following the release of a Ministry of Justice report today announcing a sliding fee scale for monetary claims.
Post magazine – 3 April 2014
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Clayden pledges claims overhaul after axing quarter of solicitor panel
QBE’s claims director Dominic Clayden has told Post he will overhaul the insurer’s claims handling after completing a review that saw QBE shrink its solicitor panel by a quarter.
Foil names Northern Ireland executive representatives
Sean McGahan and Leonard Edgar have been appointed as Northern Ireland representatives to the executive committee of the Forum of Insurance Lawyers.
Bima set to expand in Asian and Lat Am markets
Emerging markets mobile insurer Bima has raised an additional $22m (£13.2m) to support its expansion into several new markets in Africa, Asia and Latin America.
Private healthcare report expected to boost market competition
The Competition and Markets Authority’s final report to revive the private healthcare market has today set out a series of legally binding actions to help promote competition among private hospitals and doctors.
Climate change outlook sparks calls for increased government flood spend
A report predicting a dramatic increase in European flood risk exposure due to climate change has prompted calls for the UK government to up its spending on flood defences.
Editor's comment: Handle whiplash issue with care
There are some life lessons that are easily learnt and rarely forgotten. For example, putting your head in a lion’s mouth is not advisable, and jumping off a cliff might hurt a bit if you’re not attached to a parachute or hang glider or if you’re not…
High-profile motor withdrawal touted after another tough year for the market
Analysts suggest further regulatory scrutiny could exacerbate sector’s troubles
Rehabilitation-only personal injury whiplash debate fails to gain traction
Insurers highlight claims time frames as area of major concern
Industry questions FCA’s decision to probe commercial claims handling
Regulator reveals more thematic reviews to be undertaken in 2014/2015
CHO boss says ‘self interested’ insurers are hampering fight against fraud
DAC Beachcroft estimates credit hire fraud is worth up to £75m a year
Market Moves - 3 April 2014
A round up of who has moved where in the market this week.
Medical Devices: Ripple Effect
The shockwaves of the Poly Implant Prosthèse breast implants scandal are continuing to affect insurers and the regulation of medical devices
C-Suite: Insurer: The wait for change goes on
The collective reputation of the industry is at stake as changes for the better are hampered
In Series: Mid-corporate Risks: Taking care of business
From slips and trips to cyber risks, the retail and wholesale sector has a changing risk profile – and insurers are perfectly placed to advise
Sports Insurance: A whole new ball game
A variety of new and increasing risks, ranging from terrorism to concussion, are changing the face of sports insurance. How is the industry adapting?
BIA Countdown: 20 years of major loss
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to major loss experts at insurers and claims firms who have experienced wins over the years, asking them how the industry has changed since the first…
Enstar completes Torus acquisition
Enstar Group has completed the previously announced acquisition of global specialty insurer, Torus Insurance.
Osborne slams FCA over leaked review details
Chancellor George Osborne has written to the Financial Conduct Authority to express frustration after the leaking of market sensitive details by the watchdog led to a sharp drop in insurer share prices, the Financial Times reported.
Endsleigh MD Passmore makes way as Zurich streamlines structure
Zurich has revealed that UK managing director for personal lines Tim Holliday will lead combined personal lines and Endsleigh businesses following the integration to a single management structure.
Roundtable: Legal Reforms: Laspo: One year review
It is one year since the introduction of the Legal Aid, Sentencing and Punishment of Offenders Act and, more importantly for insurers, the Jackson reforms. Have they been a success or a failure?