Insurer
Industry warns over reputational risk of FCA’s ‘name and shame’ policy
Regulator’s new plans could see individuals under investigation outed publicly.
Necessity of new EU nuclear liability proposals questioned by industry
Premiums could rise due to new rules as UK announces new power station.
Editor's comment: Enough monkeying around
Figures this week show Gibraltarian motor insurers are outperforming their peers in the UK, with only seven UK motor insurers maintaining a combined operating ratio of sub-100%, last year compared with 12 firms in Gibraltar.
Towers Watson research finds 70% of global insurers considering M&As
International insurers are regaining their appetite for mergers and acquisitions, according to a Towers Watson and Mergermarket survey of senior insurance M&A executives.
Win tickets for England vs Argentina at Twickenham
With the QBE Rugby Internationals kicking off next month, Post and QBE, the official insurance partner of England Rugby, have teamed up to give two readers the chance to win a pair of tickets to watch England take on Argentina at Twickenham on 9 November.
View from the Top: A multinational approach to travel
Ace Group's Suresh Krishnan (pictured) discusses how to design an effective multinational business travel risk management programme.
Coface warns of Asia household credit boom
Credit insurer Coface has issued a warning comparing household debt in four Asian countries as similar to the US before the subprime crisis.
Motor premiums continue “record drops” in Q3 says the AA
A dramatic plunge in car insurance premiums is continuing according to the latest figures from the AA.
Market Moves: Busy Bluefin makes big hires while Allianz swoops for a rival’s regional director
Broker Bluefin was the most active firm in the insurance sector this week, with two appointments shaking up its business in North Yorkshire and Scotland. Meanwhile, Allianz hired a rival’s regional director, Hiscox brought in a broker to head up its…
Roundtable: Legacy systems: Knowing when to move on
How can insurers improve their approach towards the daunting but essential task of keeping their IT platforms up to date?
Legal Update: Product Recall: No room for horsing around when it comes to product recall insurance
Jim Sherwood says the furore surrounding a zebra toy found to contain a carcinogen emphasises the importance of being protected by robust product recall cover.
Whiplash: Choosing the right path
Several ideas have been suggested to alleviate insurers’ whiplash woes – but which method represents the best solution for all parties?
Private Investigators: Watching the watchmen
Three insurers were named among the firms being probed by the Information Commissioner’s Office for their use of rogue private eyes, but how will the wider industry be impacted by the investigation?
Expertise in Action: Supporting profitable growth for brokers
The trading landscape for brokers continues to be one marked by tough competition and tight margins.
Expertise in Action: Broker: Fully customised
A tailor-made risk management proposition provides the best result for clients, brokers and insurers alike.
Expertise in Action: Broker: Preferential treatment
Few clients are interested in commission disclosure, however, the issue of preferential treatment for brokers that produce the most business for insurers could soon face regulatory scrutiny.
Ageas given High Court approval to transfer Groupama covers
Ageas has received approval for the formal transfer of all Groupama business to its Optima and Exclusively brands from the end of October.
MSIG launches travel alerts in Singapore
MSIG will provide travel insurance customers with information over delays, natural disasters and political unrest to produce as a personalised service for them.
Capita launches bordereaux service
Capita Insurance Services has launched a bordereaux management service for Lloyd’s managing agents and London market companies.
Ombudsman data shows insurance complaints up 4.6%
Consumer complaints for general insurance products reached almost 6500 in the quarter ending 30 September according to data published by the Financial Ombudsman Authority.
Aviva Canada names broker distribution boss Somerville as CEO
Aviva Canada has named its executive vice president of broker distribution as its new president and chief executive.
Insurers urged to embrace digital strategies
Insurers have been warned to take mobile more seriously and not merely ‘play’ at being digital leaders, or be “left on the side lines”.
Global takaful market "in its infancy"
The global takaful industry grew 16% in 2012 and the growth potential is huge according to a report by EY.
Insurers warned about merely ‘playing’ with digital in EY report
Insurers have been warned to take mobile more seriously and not merely ‘play’ at being digital leaders, or risk being “left on the side lines”.