Insurer
Competition watchdog says Dutch flood proposals are anti-competitive
The Netherlands’ Consumer & Market Authority has delivered a blow to plans to make flood coverage mandatory from January 2014, saying the proposals violate competition law.
Allianz CEO Torrance to move to US role
Andrew Torrance is to take over as chief executive of Allianz’s US-based Fireman’s Fund Insurance Company after a decade as CEO of Allianz UK.
Law report: Welding insurer awarded costs after breach of warranty row
This law report has been contributed by law firm Berrymans Lace Mawer.
International: Lost in the long grass
Will the final form of Solvency II – designed to harmonise capital adequacy across the continent – look anything like it was initially intended? And when, if ever, will it emerge?
Solicitors’ Professional Indemnity: Domino effect
As solicitors and the wider industry prepare for the fallout from the Balva scandal, predictions suggest some firms could fall onto the breadline. Are they right?
Ex-RBSI claims trio targets insurance industry with advisory firm
A group of senior claims professionals have joined forces to target the insurance sector with the aim of helping firms navigate the raft of new legislation that is reshaping the industry.
RSA and Ageas sign bilateral agreement
RSA and Ageas Insurance have signed a bilateral agreement in a move aimed at tackling motor insurance claims costs.
Hannover Re flood loss may exceed €100m
German reinsurer Hannover Re said today its net loss from the recent flooding in Central Europe could exceed €100m.
Eiopa report is key milestone in Solvency II implementation says PwC
The publication of Eiopa’s long-term guarantee report could pave the way for political agreement on Solvency II, according to PwC.
Cunningham Lindsey client director joins McLarens
McLarens has appointed David Walker as executive director. He joins the firm from Cunningham Lindsey where he held the position of client director.
Q&A with Michael Ashton
Six months after joining the Gibraltar government as senior executive for insurance, Michael Ashton speaks to Insurance Insight about the main attractions of the British overseas territory, growth potential and the stigma of insurer collapses.
View From the Top: CSR not just the icing on the cake
Corporate Social Responsibility is a phrase which has become increasingly heard in the boardroom over the past decade. Whole sections of annual reports outline to investors what CSR activities firms are undertaking and some companies have set up CSR…
Insurance infographic: The Impact of the 2011 Energy Act on property lettings
In this insurance infographic, Zurich focuses on the Energy Act 2011 which contains provisions to make it unlawful from April 2018 to rent property that does not hit minimum energy efficiency standards.
The Co-operative plans stock market listing
Shares in the Co-operative Bank will be available on the stock market for the first time as part of a plan to strengthen its capital position to the tine of £1.5bn.
Ecclesiastical unveils new technical manager
Specialist insurer Ecclesiastical has appointed Craig McLaughlin as casualty technical manager.
Cooper Gay hires global M&A head
Cooper Gay Swett and Crawford have hired Oliver Homer as global head of mergers and acquisitions, effective 17th June 2013.
Dataforce names Validus' Dering as business development director
Outsourcing provider Dataforce has appointed David Dering as business development director to lead the growth of the company’s motor claims business.
Government urged to take action on young drivers
A range of industries are calling on the government to take decisive action to stop the tragic loss of young lives on Britain’s roads.
CGSC hires KBW vice president Homer as global M&A director
Cooper Gay Swett and Crawford has appointed Oliver Homer as global head of mergers and acquisitions.
3D film whiplash injury named in LV report of top rejected claims
A woman who attempted to claim £1000 for a cancelled holiday, having told her insurer she had suffered whiplash injuries after being startled by a 3D film, has been named among LV’s top 10 failed claims.
Indian regulator wants more affordable insurance
The chairman of the Insurance Regulatory Development Authority TS Vijayan wants more affordable insurance to help low-income families buy insurance.
Berkshire Hathaway Specialty Insurance begins trading
Warren Buffett’s latest venture has started trading, with its sights firmly on the US excess and surplus market.
Insurance claim handler sentenced for fraud
An insurance claims handler who conned almost £7000 from her employer to fund shopping trips has been sentenced.