Insurer
Allianz buys Swedish windfarm for undisclosed sum
Allianz said on Wednesday it has bought a Swedish windfarm taking its investment in renewable energy in Europe above €1.5bn.
“Significant damage” expected from devastating European floods
Catastrophe modelling firm Eqecat has warned the industry to expect significant damage from the floods that have inundated Germany, Austria and the Czech Republic over the past week.
Post magazine - 6 June 2013
In Post this week, could the continuing economic difficulties faced by Spain be behind accusations that its public hospitals are refusing to accept European Health Insurance cards presented by holidaymakers when seeking medical attention?
Transport minister unveils fixed penalty rise for motoring offences
Careless motorists who put other road users at risk and those that get behind the wheel without insurance face on-the-spot penalties under new measures revealed today by road safety minister Stephen Hammond.
Manchester Police to inform insurers if burglary victims at fault
Insurers may be automatically informed if a burglary occurs at an unsecured property under new plans from Manchester police.
European insurers failing to diversify in investment: report
Most insurers only allocate up to 3% of their investment portfolios to alternative assets, according to a report from Axa Investment Managers and the Boston Consulting Group.
4% of China's market to be foreign owned by 2018
The Chinese market could see non-domestic insurers’ market share quadruple over the next five years according to Ernst & Young.
RSA secures Cambridge Building Society contract
RSA has won the contract to underwrite Cambridge Building Society’s home insurance product until the end of 2016.
Financial transaction tax will have ‘significant implications’ for insurers
EU tax’s implementation date and final form unclear amid legal challenges
Spain protests innocence as more countries refuse EHIC
European hospitals accused of trying to profit from insurers
Axa denies complicity after Accident Exchange exhumes Autofocus cases
AE’s chief vows to right wrongs of ‘deceitful’ practices in targeted legal action
Editor's comment: Hit in the pocket home and away
Last week I described fraudsters as the long-standing foe insurers are unable to rid themselves of, and this week, true to form, they struck both home and away in the place it hurts insurers most – their pockets.
Roundtable - Legal Reforms: Jackson reforms: First impressions
Implemented as part of the Legal Aid, Sentencing and Punishment of Offenders Act 2012, how have the Jackson reforms affected the industry so far – and what will their impact be in the future?
MPs call for withdrawal of parts of Mesothelioma Bill
Six MPs have called for the exclusion of certain parts of the Mesothelioma Bill, ahead of its discussion in the House of Lords today.
Japan's insurers see motor market recovery
Japan's motor market, which makes up 50% of general insurers' premiums, has seen a recovery in its underwriting profits to the end of the fiscal year March 2013.
Dai-ichi Life buys in Indonesia
Japanese life insurer Dai-ichi Life has bought 40% of Panin Life in Indonesia.
View from the Top: Engaging young talent
The CII's Joyce Ang explains how the organisation is helping young talent engage with professionalism and also help to inspire other young people to join the industry.
BP Marsh ready to sign another deal
BP Marsh chairman Brian Marsh has said he expects to sign a new deal tomorrow [4 June] following publication of his firm's financial results.
Foreign insurers set for 4% China market share by 2018
The Chinese market could see non-domestic insurers’ market share quadruple over the next five years according to Ernst & Young.
Royal London members back Co-op life deal
95% of Royal London members have today voted in favour of the mutual’s acquisition of the Co-operative Banking Group’s life insurance and asset management business.
Website review: Zurich motor insurance website stuck in first gear
Web performance specialist Gomez looks at Zurich’s motor website.
View from the Top: ABS: A Brilliant Solution
With the recent personal injury legal changes coming into force, there’s been much media commentary and debate about the value and purpose of alternative business structure models.
Property Claims 2013: Insurers told to go Down Under
Insurers could boost the industry’s reputation by imitating the Australian model of working closer together to tackle catastrophic claims surges, according to John Pyall, head of Munich Re’s Great Lakes facilitated claims unit.
Property Claims 2013: Cashing-out not always the answer
Axa’s head of commercial property claims has raised concerns that cashing-out on property claims can lead to them being mishandled or resurfacing in the future.