Insurer
Aviva to send 600 UK jobs to India
The union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office processing jobs to India.
Shakespeares is ‘ABS-ready’ to support insurers
Law firm Shakespeares has secured an alternative business structure licence, with views to engaging in joint ventures with insurers, third parties and corporate clients.
Ping An hit by brokerage ban
Chinese insurer Ping An's shares fell after its securities brokerage division was given a three-month ban by the China Securities Regulatory Commission.
Markel unveils liability product catering for charities
Markel UK has launched a liability product for charities and community groups, which will be available to brokers through the specialist insurer’s e-trading system.
Night-curfew will not cut young drivers premiums
The introduction of a night-curfew for young drivers will not help lower insurance premiums or promote road safety, Insure The Box has warned.
Japan Earthquake: A seismic shift
The sheer size and scale of the Tohoku earthquake and tsunami has change the face of insurance in the region forever.
Flood: A Dutch Obligation
For the first time in decades Dutch citizens can purchase flood insurance but should the product be compulsory?
UK General inks Risk Stop partnership
UK General Insurance and Risk Stop have completed a deal that will see the latter provide three years of risk management services to the insurer and its clients.
In Series: Technology: Out with the old fashioned systems
Old-fashioned systems are affecting some insurers’ ability to keep up with the growing expectations of more tech-savvy consumers, allowing new players to gain market share.
VFTT: Anticipating client growth aspirations
Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.
Comment: Working towards a common goal
Schemes are only beneficial when insurers and brokers align their objectives and work together to achieve them, says Kevan Aubrey.
Insurers need to prepare for 3D printing revolution
3D printing is set to transform the insurance market as brokers and insurance firms grapple with new concerns around professional indemnity, product recall and product liability risks, according to a report by law firm Mayer Brown.
Markel adds professional indemnity underwriter to its team
Bhavik Desai has joined Markel as an underwriter in the insurer’s professional and financial risks division.
Sterling Insurance enters partnership with Questgates
Questgates is to act as the liability claims department of Sterling Insurance.
Quindell stresses strength in face of sliding shares
Outsourcer Quindell has attempt to arrest its declining share price by boasting the strength of its balance sheet.
Co-op rated “junk” by Moody’s
Moody’s has downgraded the Co-operative Bank’s debt rating to “junk” status, warning the bank may need “external support”.
Insurance Insight Q+A: Wang Qunbin, Fosun International
Insurance Insight interviews Wang Qunbin (pictured) the President of Fosun International, an investor in several insurers in China and most recently Asia focused reinsurer Peak Re.
Starr International opens office in Manila
Hong Kong based Starr International Insurance (Asia) is opening a branch office in Manila to provide general insurance.
Ireland "needs to keep itself competitive" warns XL Re president
Ireland needs to maintain its favorable regulatory climate to retain its position as a reinsurance hub, the chief executive officer of XL Re has warned.
Ageas heralds the start of Groupama brand transition process
The Groupama brand transition to Ageas Insurance is underway.
Generali Q1 profit jumps 6.3%
Italy’s Generali reported an increase in first-quarter profit of 6.3%, boosted by higher earnings from its non-life insurance business.
Government introduces Mesothelioma Bill
The Government has introduced the Mesothelioma Bill which will pave the way for a ‘Diffuse Mesothelioma Payment Scheme’.
IUA report raises concerns over cover for eco losses
Insurance cover for environmental losses is often incomplete or even non-existent without a dedicated policy in place, according to a research paper from the International Underwriting Association.
Post blog: War on fraud
The exponential increase in insurance fraud over the past six-years is a major problem, and one that should set alarm bells ringing for everyone in the industry, says Andrew Anderson.