Insurer
Europe: Ecall opportunities
What does the long-anticipated road safety initiative Ecall – set to be introduced across the EU in October 2015 – mean for the insurance industry?
Ageas’ Watson becomes chairman of ABI motor committee
Ageas UK chief executive Andy Watson has been appointed chairman of the Association of British Insurers’ motor technical committee.
AIG appoints Bond Dickinson for contract work
AIG has appointed law firm Bond Dickinson to handle its high-volume contract work.
Australian travel insurer makes weak IPO debut
Shares in Cover-More Group opened down 12.5% today following the Sydney-based travel insurer’s A$521m ($460m) IPO on the Australian Securities Exchange.
AIA pens 15 year 11 country deal in Asia-Pacific with Citibank
AIA and Citibank have reached a huge 11 country 15 year bancassurance distribution agreement for life and health insurance products at Citibank's 600 strong Asia-Pacific branch network.
MetLife sponsors badminton World Superseries
US health and life insurer MetLife has signed a four year deal to sponsor the Badminton World Federation World Superseries from 2014 to 2017.
Indian GI market to grow strongly over next four years
Underinsurance in India is expected to spur growth over the next four years according to ratings agency Care Ratings.
Ageas extends partnership with Hampshire Cricket
Ageas has extended its ground-naming partnership deal with Hampshire Cricket to 2022.
Ageas reinsurance claims boss Gunter to retire next year
Ageas’ head of reinsurance claims Nick Gunter will retire at the end of March 2014 following 35 years at the insurer, Post can reveal.
SRA threatens disciplinary against firms without PI cover
The SRA has warned that it may take disciplinary action against solicitors continuing to operate despite having failed to renew their professional indemnity cover.
Watson to remain as Canopius CEO ahead of Sompo-backed M&A activity
Canopius chairman Michael Watson will not look to replace outgoing chief executive Inga Beale and will instead occupy the role himself on a permanent basis as he eyes acquisition opportunities under the ownership of NKSJ Holdings’ Sompo Japan.
Women not shopping around despite premium rises, claims survey
Women have reported a 12% price increase on their motor insurance following the introduction of the Gender Directive 12 months ago, Consumer Intelligence has found.
Flood victims face health risks due to drying delays
Hundreds of flood victims are waiting over a week for contractors to begin drying work on flooded properties, one of the technical committee of the new PAS 64 standard on flood damage restoration has claimed.
ABC Home product launches on Berkley Alexander panel
LV Broker’s ABC home insurance product has been launched on the Berkley Alexander Quote & Buy panel.
External candidate expected to replace Lee at RSA as sale speculation mounts
Analysts say firm could seek to raise capital by selling international operations
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Lloyd’s first-ever female CEO Inga Beale signals new era for insurance industry
Canopius CEO’s experience makes her ‘ideal’ replacement for Richard Ward
Sompo agrees deal for Canopius
Japan’s NKSJ Holdings has agreed a deal to acquire 100% of the shares of Canopius Group via its insurance subsidiary Sompo Japan Insurance.
Indonesia to roll out world's largest healthcare scheme
The Indonesian government alongside state-owned insurers will roll out an ambitious healthcare scheme for over 100m people starting in January.
The rise of price comparison sites in South East Asia
Price comparison websites are gaining in popularity in South East Asia as consumers catch on to the benefits of shopping around for insurance writes Nicky Burridge.
Capita launches Lloyd's Singapore policy and cash management platform
Capita Insurance Services has launched the first market service for the Lloyd's community in Singapore which will help brokers and managing agents with their policy administration.
Chris Wood to retire from Chaucer aviation post
Peter Wakefield has been appointed Chaucer aviation division head following the retirement of Chris Wood.
Post magazine – 19/26 December 2013
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.
RSA’s A- S&P rating “seriously at risk”
RSA may be facing a further downgrade from rating agency Standard and Poor’s putting the insurer’s most significant operations outside the range of many of its business partners.