Insurer
Lloyd's market on cusp of 'AA' rating
The Lloyd's market is close to achieving a potentially “game changing” ‘AA’ credit rating, according to Litmus Analysis.
View from the top: Spanish brokers welcome ability to quote and deal online
The online revolution is reaching every part of the commercial world and, of course, it’s not just consumers who are attracted to the speed, ease and economics of transacting online.
One in four landlords lack insurance cover
Axa has warned one in four landlords have the wrong or no insurance cover and lack the necessary financial back up should the worst happen.
Rural hires NIG Farm Web's Young for regional underwriting role
Rural Insurance has hired Kate Young as its south west and south Wales regional development underwriter.
LV finds 230 000 SMEs do not have insurance
New research by LV Broker found that around 230 000 small business owners have no insurance cover in place, which leaves them vulnerable to liability claims, hefty fines and prosecution.
Older drivers tempted by 'try before you buy' telematics offering
A majority of drivers in the six largest motor insurance markets in Europe have indicated they are willing to embrace telematics-based products, according to research by Towers Watson.
Typhoon Usagi kills 25 in China
The strongest storm in the world of 2013 landed in South China overnight killing at least 25 people.
APPG calls for mixed properties to be included in Flood Re
The All Party Parliamentary Group on Insurance and Financial Services has called for residential homes which are used as commercial premises to be covered under the government’s proposed Flood Re scheme.
Lloyd's market on cusp of 'AA' rating
The Lloyd's market is on the cusp of achieving a potentially “game changing” ‘AA’ credit rating, according to research firm Litmus Analysis.
IUA urges renewal of US’ Terrorism Insurance Act
The International Underwriting Association has warned underwriting terrorism insurance without a US government backstop is a gamble that could create to economic uncertainty.
First Complete appoints Smith Greenfield to GI panel
First Complete has appointed broker Smith Greenfield to its general insurance panel to provide high net worth cover.
RBS announces plans to sell more Direct Line shares
The Royal Bank of Scotland has announced its intention to sell more of its shareholding in Direct Line Group.
BGL strengthens ‘own-brand’ business with appointment
The BGL Group has appointed Ingrid Murray as consumer marketing director for Frontline, the business behind BGL’s in-house brands such as Budget and Dial Direct.
World Trade Center developer's suit against insurers is dismissed
A legal ruling has left real estate developer Larry Silverstein unable to recoup any of the $1.2bn (£746m) recovered by World Trade Center insurer QBE and three Lloyd’s syndicates.
Strategic importance of M&A to increase
A PWC report has found the strategic importance of mergers and acquisitions to insurers across the globe is set to increase.
Quindell boosts Ingenie investment amid over 25s and Canadian expansion
Outsourcing provider Quindell Portfolio has increased its investment in Ingenie to approximately 43% and has made a direct 40% investment in two newly formed Ingenie subsidiaries.
EC3/Legal expands insurance expertise with new recruit
EC3/Legal has appointed Ian D’Castro to the role of legal director, as part of the city law firm’s plans to continue the expansion on its commercial legal practice for brokers, Lloyd’s agencies, MGAs and other support providers.
Europe: Russia round-up
In the latest quarterly on the Russian insurance market, Paul Koshik reviews the motor sector, a busy period for recruitment and the big legal decisions.
Expertise in Action: Technology: The tech threat
With mobile devices, cloud computing and social media playing an increasing role in business practice, how can the insurance industry manage the risks?
Expertise in Action: Technology: Open to attack
Despite several high-profile cyber attacks on major corporations, the insurance industry is still behind the times when it comes to cyber liability. How can it catch up?
Zurich Q&A with Jeremy Smith
With cyber risk a growing threat to businesses both large and small, Post editor-in-chief Jonathan Swift sat down with to Jeremy Smith, head of technology, security and privacy, at Zurich Global Corporate to discuss how the insurance industry is…
View from the Top: Chinese insurers eye overseas property
The Implementation Rules of the Provisional Administration Measures on Overseas Insurance Investment passed in China on 22 October 2012 should help liberalise offshore investment by Chinese insurers.
AIG appoints Zheng as president and CEO of China
AIG has appointed Eric Zheng, an executive director of AIG China, as the new president and CEO of AIG China.