Insurer
South Korean refiners struggling to insure Iranian oil
South Korea is the latest country to struggle to find insurance for oil imports from Iran after tough EU and US sanctions.
Solvency II: worth the wait?
After many delays, Solvency II implementation is still far from certain. While some insurers have grown disillusioned by the process, others remain keen to see the directive’s benefits come to fruition.
In Series: Personal Lines: Getting the balance right
Insurers are deploying fraud detection measures earlier, in an attempt to reduce exposure, while still providing a good customer experience. by Graham Odiam
Zurich study highlights shift in risk attitudes among SMEs
Small and medium sized businesses in the UK are being forced to significantly adapt their attitude and approach to risk, resulting in a clear division between “winners and losers”.
In Series: Personal Lines: First line of defence
Insurers should embrace the power of data to detect and prevent fraud at an early stage.
Aegis reinforces non-marine property team with triple hire
Aegis London has strengthened its non-marine property team by recruiting a trio of underwriters.
Gallagher criticises SRA over Balva
Gallagher London has described the ban on Latvian insurer Balva underwriting new business in the UK as "another embarrassment for the Solicitors Regulation Authority" due to the insurer's inclusion on the body's approved list of qualifying professional…
Insurance Europe lobbies US over foreign reinsurer tax
Trade body Insurance Europe has written the US Congress regarding proposals to disallow a tax reduction for some foreign affiliated reinsurance premiums.
Consolidation in Polish market likely
Further consolidation in Central and Eastern Europe’s largest insurance market is likely as Poland’s “big five” look to increase their market share, according to analysts.
Lloyds TSB tops FCA insurance complaint figures
Payment protection insurance complaints are continuing to rise in the latest data from the Financial Conduct Authority, with Lloyds TSB subject to the most insurance complaints in the second half of last year.
View from the Top: The end of boom and bust
I was recently thinking that I may never see another overall hard market cycle in my lifetime and we have speculated here that new forms of investment and rapid capital deployment could have a major impact on the market if more consistently applied.
View from the Top: Protect young drivers now
We need a combative strategy to reduce the risk of catastrophic accidents, says Tom Woolgrove, managing director of personal lines, Direct Line Group.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
Mutuals “in prime position” with reinsurers says Willis Re
Mutual insurers can capitalise on the changing buying habits in reinsurance markets according to Willis.
Ex-Airmic chair Taylor joins Ascot board
Ascot Underwriting has appointed Paul Taylor as an independent non-executive director and chair of it’s risk committee.
Ten prepares to bolster membership following profitable Q1
Ten Insurance has chalked up first quarter gross written premium growth of £5.9m, representing an average rise of 23.4% for the opening three months of the year.
Axa: lack of flood deal could ruin housing market
Hundreds of thousands of homes will be “unsellable” unless the government secures a deal on flood insurance, Paul Evans, chief executive at Axa UK, told The Independent on Sunday.
Insurers to cut down on direct marketing in Hong Kong
Following the introduction of the Personal Data (Privacy) Ordinance rule on 1 April, one Hong Kong insurance CEO believes insurers will cut down on direct marketing.
Thai premiums to grow strongly
The Thai General Insurance Association is predicting a robust second half for premiums in 2013.
India's government wants monthly insurer reports
Monthly reports in India to show progress, hurdles and new measures at insurers.
XL hires construction underwriter from Zurich in Singapore
XL has appointed David Poh as construction underwriting manager, Asia.
Balva banned from writing UK business
The Solicitors Regulation Authority is writing to legal firms holding professional indemnity policies with Latvian insurer Balva after it was barred from writing new business in the UK.
Balva banned from writing UK business
The Solicitors Regulation Authority is writing to legal firms holding professional indemnity policies with Latvian insurer Balva after it was barred from writing new business in the UK.