Insurer
Good disclosure practices alone are not enough says Ferma
Public disclosure of a company's social issues is good, but by itself does not show that the risks are under control, the Federation of European Risk Management Associations has warned.
CII "well placed" help to improve banking standards
The Chartered Insurance Institute is “well placed” to help improve standards in the banking sector, according to chief executive Sandy Scott.
Coface downgrades Eurozone GDP after Germany concerns
Economists at cred insurer Coface, are downgrading their GDP growth forecast for the Eurozone, reflecting concern about Germany, the largest EU economy.
Post Audio Supplement - 20 June 2013
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Mydrive hires former EE director
Insurance telematics specialist Mydrive Solutions has appointed Anthony Keyworth as chief operating officer.
Scotland's Future - the issue of redenomination
An independent Scotland might have to adopt its own currency if the rest of the UK Government declined to participate in a the Scottish Governments 'Plan A' of a Sterling zone, or would do so only if Scotland accepted onerous conditions.
Post magazine - 20 June 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Indian trade union calls for Insurance Bill to be scrapped
Members of the All India Insurance Corporation Employees Association called for the government to withdraw the controversial Insurance Bill at their annual conference this week.
LTG report could lead to further Solvency II delays says KPMG
Global Consultancy firm KPMG has cast doubt on whether the recommendations from Eiopa’s long-term guarantees assessment impact study will satisfy all parties and stave of further delays in the Solvency II schedule.
Claims Awards 2013
The Post Claims Club celebrated its 10th year in style last week at the Grosvenor House Hotel with the Third Annual Claims Awards.
UK insurers must act to minimise climate change exposure
The UK insurance market’s exposure to international losses as a result of climate change is greater than its exposure to losses on the domestic market, a PWC study has found.
AGCS reveals Russian ambitions with new appointment
Allianz Global Corporate & Specialty’s head of underwriting co-ordination in growth markets, Philip Gronemeyer, is to become country manager for Russia.
Laurent Matras linked with Jon Dye's Allianz role as rival CEOs praise Torrance
Jon Dye named new UK CEO as Torrance joins Fireman’s Fund Insurance Company.
AGCS targeting Russian growth with new chief
Allianz Global Corporate & Specialty has targeted Russia for growth, appointing its head of underwriting co-ordination in growth markets as country manager for Russia.
Exploiting referral fee ban loophole ‘against spirit of the law’, say insurers
Epoq among firms criticised for finding a way around Laspo-enforced ban.
Mills & Reeve swoops for DLA Piper insurance team
Lawyers Mills & Reeve has recruited a nine-strong defendant insurance team from DLA Piper for its Birmingham office, effective from 1 July.
Axa to lend €10bn for infrastructure in diversification push
French insurance giant Axa is planning to lend €10n to projects over five years in a bid to expand its infrastructure debt holdings, according to reports.
Editor's comment: Torrance’s 10-year itch
The seven-year itch was made famous by Marilyn Monroe’s 1955 film of the same name, but for the insurance industry it seems there is a 10-year itch, as yet another UK chief executive leaves with the tin anniversary in sight.
PICC P&C raises $290m of capital in Hong Kong
PICC Property & Casualty's Hong Kong portion of its rights issue has proved successful.
View from the Top: Analytics and Generation Y
SAP's Robert Cummings discusses how real time analytics tapped from big data can help tap the next generation's appetite for mobile technology capabilities.
Aviva grilled over ABS ambitions
Aviva has confirmed it is not in the process of applying for an alternative business structure after direct questioning by the Transport Select Committee.
Uninsured driver fines will fail, says AA
The government’s plans to increased fines for driving without insurance from £200 to £300 will have little impact on the issue, the AA said today.
UK General makes double regional sales hire
UK General Insurance has hired Jodie Gibbons as regional sales manager for Wales and the South West and Mark Wright to the same role in the North West.
Top 5 European stories
The top five European stories on www.insuranceinsight.com over the past seven days.