Insurer
Reinsurance trade groups warn against protectionist regulation
A coalition of reinsurance trade groups has pointed to the record 2011 global insured natural catastrophe losses as a warning sign as to why protectionist reinsurance regulation will backfire in jurisdictions that try to impose limits on global risk…
Q&A Asia: Ageas
As part of Insurance Insight's new remit to cover Asia, Ageas's chief executive officer Gary Crist(pictured)spoke to Francesca Nyman to explain the insurers reach in the region.
Middle East Guest Blog: Firm Foundations
In earlier articles I have written that 2012 will be the year of reckoning following the 2008 financial crisis. Insurance is such that it takes time to unfold. Cyclicality is often blamed for the industry’s woes; and even more so in the Middle East…
Jubilee launches download cover
Specialist Lloyd’s insurer Jubilee and underwriting agency iDigital have joined forces to develop and distribute the cover for downloaded content held on all forms of electronic equipment.
Biba welcomes Treasury report calling for fresh regulation outlook
The British Insurance Brokers’ Association has been among the first trade bodies to welcome today’s publication of a Treasury Committee report into the Financial Conduct Authority.
Solvency II compliance challenges remain
European insurers have identified reliance on third parties for data, sophisticated risk modelling requirements and obtaining sufficiently detailed fund data among the challenges to be overcome in order for them to achieve Solvency II compliance.
Russian liability law pushes up insurance costs
Stringent new legislation on the management and insurance of plants dealing in hazardous materials in Russia could have far-reaching consequences for companies operating in the region, according to Marsh.
Chinese aggregator poll
Will aggregators take off in China?
Russian Insurance Centre's 'B' IFS rating affirmed
Fitch has affirmed Russian Insurance Centre's insurer financial strength rating at 'B' and national IFS rating at 'BBB-', reflecting the "relatively strong" operational profile of the commercial property and casualty specialist.
Ace Russia achieves 'BBB+' IFS rating
The Russian subsidiary of Ace Insurance Company has had its Insurer Financial Strength and national IFS ratings upgraded by Fitch.
Post Intelligence Benchmarking: High Net Worth Personal Lines Insight Report 2011
Based on comprehensive input from 212 British Isles HNW P/L broking professionals, the High Net Worth Personal Lines Insight Report 2011 details the front-line service performance of the broker market's ten most-used HNW P/L insurers and MGAs.
Skuld enters into Transmarine partnership
Norwegian marine insurer Skuld has formed a partnership with Transmarine, part of the Michael and Else and Company MGA operation specialising in marine trade disruption and consequential loss insurance.
LV recruits for Bristol office
LV is recruiting 50 new staff for its Bristol office this quarter in a bid to expand its customer services division.
Fitch Ratings gives referral fee ban its seal of approval
Fitch Ratings has approved measures to ban UK motor insurers from receiving any type of referral fees, saying represents a more meaningful step towards combating the rise in fraudulent claims.
Post Intelligence Benchmarking: Financial & Professional Lines Insight Report 2011
Based on comprehensive input from over a 150 unique brokers of professional & financial risks, the Financial and Professional Insurers Insight Report 2011 delivers actionable insights on the 16 most used financial professional insurers.
Medical and legal professions bite back at report response
Medical and legal experts have hit back at industry criticism following the Transport Select Committee’s cost of motor insurance report, claiming that comments made in the aftermath of the report question the “integrity” of doctors.
Reliance on third parties for data Solvency II challenge
Reliance on third parties for data, sophisticated risk modelling requirements and obtaining sufficiently detailed fund data were top of a list of challenges identified by European insurers in order for them to meet Solvency II requirements.
Post Intelligence Benchmarking: Marine & Transport Insight Report 2011
Based on comprehensive input from 104 British Isles Marine & Transport broking professionals, the Marine & Transport Insurers Insight Report 2011 details the front-line service performance of the broker market's 13 most-used M&T insurers.
Post Intelligence Benchmarking: Business Insurers Insight Report 2012
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand and customer service levels has never been more vital. The British Insurers Insight Report 2012 details the front-line service…
Groupama for sale after ‘grand cru’ year
Groupama’s UK chief executive officer François-Xavier Boisseau, pictured, has told staff in the insurer and its broker subsidiaries that the company is for sale after “unsolicited approaches”.
ABI “baffled” by call for transparency of referral fees
Responding to the Transport Committee report on the cost of motor insurance, the Association of British Insurers said referral fees should be banned altogether.
ING to sell Asian insurance business separately
ING Groep NV has dropped plans to create an Asian-European insurer and is considering selling its Asian business separately as European markets have worsened.
FSA recruit to help Capita clients prepare for twin peak regulation
A former Financial Services Authority boss is to use his knowledge of regulatory reform to help clients of Capita Commercial Insurance Services prepare for change.
Aon Risk Solutions poaches Willis UK boss
Aon Risk Solutions has today confirmed the capture of former Willis UK and Ireland chief operating officer Chris Lee-Smith.