Insurer
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.
Property Claims 2013: Property profitability under threat, says LV boss O’Roarke
Comparison sites and building practices pose problems
Property Claims 2013: Industry gives its backing to Flood Re model
A panel has backed the Association of British Insurers’ Flood Re scheme to replace the Statement of Principles, while warning that a return to an open market situation remains a possibility.
Property Claims 2013: Insurers urged to use fraud register to punish fraudulent policyholders
Industry told of ‘massive obligation to raise awareness around morality’
My Best XI: Alastair Denness, Swinton Commercial
Alastair Denness, national business development manager at Swinton Commercial, selects his best XI for an insurance industry start-up. Denness opts for a robust line-up including a trio of Zurich high flyers alongside big-game experience from elsewhere…
Penny Black's Insurance Week - 6 June 2013
While Penny has successfully mastered the Spanish language, she cannot claim to possess a full grasp of the Mediterranean mentality.
Career file: Lee Crooks - Ex-rugby player is latest sportsman to join April UK
Former professional rugby league player Lee Crooks has been appointed by April UK as a specialist sports protection advisor.
Market Moves: All quiet on the hiring front as industry resists major appointments
Recruitment activity was muted this week, with insurers unveiling just a smattering of hires and broker activity similarly low key. In an otherwise quiet period, Ace hired an environmental risk manager and Kiln appointed a new non-executive director. BMS…
Heavy rain causes “record” Central European flooding
Floods wracking Germany, Austria and the Czech Republic are the worst for 70 years according to catastrophe modeller AIR Worldwide.
Interview: Chris McGloin: Up for the fight
Incoming Airmic chairman Chris McGloin is about to find himself at the forefront of an organisation with a lot on its plate. As he takes the reins during Airmic’s 50th anniversary year, he explains why he’s feeling optimistic
Risk management: Mapping risk
The industry consensus is that Airmic’s planned global compliance database would be highly beneficial to all parties – so why is it proving so difficult to bring to fruition?
Risk managers urged to reassess insurance of US exposures
Insurance managers of European multinationals need to reassess how they insure US exposures as part of global programmes, Ace has warned in a new report.
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?
Your Say: Tackle fraud in casualty claims
Reports and speculation that organised fraudsters are now targeting the casualty market are in my opinion valid.
Your Say: Consumers demand technology
When it comes to technology discussions in our industry, much of it is centred on outdated legacy systems and the challenges around the intelligent use of data.
Portugal implicated for EHIC failings
The European Commission has confirmed that Spain is not the only country it has received complaints about for failing to honour the European Health Insurance Card.
Generali agrees to sell US life business to Scor
Italian insurer Generali has continued its policy of disposing of non-core assets with the sale of its US life reinsurance business to French reinsurer Scor.
Welsh asbestos bill delayed until mid-July due to 'technical reasons'
A Welsh Assembly bill designed to recover the costs of treating asbestos patients from insurers has hit a last minute snag.
SAP global head predicts a cloud-based future
Robert Cummings, global head of insurance solutions, at technology house SAP predicts that soon "most things will be in the cloud".
Japan's Iran oil imports fall by 96% in April
Sanctions over Iran's nuclear threat from the US and EU have crippled Japan's oil imports from Iran. Other major customers also cut imports.
Co(re)insurance provides more benefits than issues says Ferma
Restrictions on the subscription insurance market could reduce market capacity or make access to that capacity more difficult, the Federation of European Risk Management Associations has warned.
Hellenic P&I club waives 50% of annual premium
Members of the Hellenic War Risks Club will pay 50% less for war risks insurance in 2013 following a decision by club directors to waive the second installment of the annual premium.
ABI reveals speaker line up for strategy conference
The Association of British Insurers has unveiled an ‘A-list’ speaker line up for its upcoming strategy conference 2013.