Insurer
Market moves: MGAs the main movers as three firms make new hires
While the Managing General Agents Association made the trade press this week, MGAs followed suit with several new hires at Pioneer Underwriting, Asta and Sagicor at Lloyd's.
Law Report: Costs case referred to Registrar of Criminal Appeals
Law reports contributed by national law firm Berrymans Lace Mawer.
Law Report: Court dismisses builder's appeals
Law reports contributed by national law firm Berrymans Lace Mawer.
Olympics: A golden opportunity
The Olympic Games are now well underway, with top athletes and millions of tourists now in the UK. But are businesses able to reap the benefits? Or are the problems associated with such an influx unbeatable?
Your say: Empty words on historic claims
Malcolm Tarling's comment in the 19 July edition of Post that the Association of British Insurers’ opposition to an Employers' Liability Insurance Bureau is based on the belief that the Employers' Liability Tracing Office "should help significantly in…
View from the top: Food for thought
Riots, floods and storms have created a golden opportunity to restore public trust in the industry, says John Heaney.
Website review: MoneySupermarket.com
Web performance specialist Compuware Gomez puts the aggregator to the test.
Graduate lessons: Embrace the social media concept
Graduate trainees may lack claims experience but their communication skills are state of the art, says Neil Gibson.
Aon looking ahead despite drop in half-year income
Aon's operating income from continuing operations fell 3% to $504m (£321m) in the first half of 2012, compared with $518m in the same period in 2011, despite total revenue growth of 2% to $5.66bn (H1 2011: $5.57bn).
JLT enjoys revenue boost in broking as economy afflicts underwriting
Jardine Lloyd Thompson's risk and insurance business generated revenue growth of 8% to £331.6m, while trading profit increased to £80.3m (H1 2011: £70.4m) in the first half of 2012.
FSCS levy proposals could see MGAs facing the same liability as brokers
Managing general agents face being liable to bail out failed independent financial advisers or mortgage intermediaries that exceed the upper threshold of the Financial Services Compensation Scheme levy under new proposals.
LV reduces broker rates after losing out to competitors
Uncertainty in the general personal lines market has led LV to reverse its strategy of hardening rates after the company's PL broker book lost out to competitors in the first half of the year.
Aviva to exit US general insurance market after ending Hiscox deal
Aviva is withdrawing from the US general insurance market following a decision to end its two-year reinsurance quota share agreement with Hiscox's US property catastrophe book. The arrangement dates back to the 2010 financial year.
ABI demands Riot Damages Act reform one year on from civil unrest
Industry leaders are calling for urgent reform to the Riot Damages Act 1886 after publishing comprehensive claims data on the eve of the first anniversary of the UK riots.
Compare the Market launches refreshed landlord website
Compare the Market has unveiled a "new and improved" price comparison offering for landlord insurance.
Financial advisor caught cheating in CII exam
A financial advisor will not be allowed to sit any Chartered Insurance Institute exams for two years after he was caught cheating in May.
Vienna Insurance completes merger of Polish insurers
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM, concentrating its market presence in the core Polish market.
Mitsui employee Yoshie Ueno scoops judo bronze at London Olympics
Mitsui Sumitomo Insurance employee and sporting champion Yoshie Ueno won bronze medal in the women's under 63kg judo competition yesterday at the London 2012 Olympics.
Post magazine - 2 August 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Mitsui Sumitomo worker claims Olympic bronze
Mitsui Sumitomo hailed the Olympic success of one of its own today after staff member Yoshie Ueno claimed bronze in the women's under 63kg judo competition.
Editor's comment: Meritable but marred
After years of wrangling over questions of fairness, viability and necessity - not to mention extended periods in political limbo - this week we finally witnessed the creation of an insurance fund of last resort for mesothelioma victims.
Insurance Mediation Directive II: Broking new ground
The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…
Interview: Jelf’s Phil Barton - shooting to success
Phil Barton's football career was cruelly cut short, but that didn't stop him reaching the insurance big league. The Jelf insurance chief executive explains how, in the past two years, his tactics have transformed the firm, and outlines his goals for…
No compensation for 3000 asbestos victims not included in new scheme
A new insurer-funded government compensation scheme for mesothelioma victims has been criticised for excluding sufferers of other asbestos-related diseases who might have received financial support under the shelved Employers’ Liability Insurance Bureau.