Insurer
M5 crash verdict still months away
Police investigators believe it could take another three months to identify the root cause of the M5 crash which claimed seven lives last month.
Zurich launches competition to redesign its headquarters
Zurich Financial Services Group has launched a competition for architects to redevelop its global headquarters in Zurich.
Allianz's 'AA-' IFS rating affirmed
Allianz SE has had its insurer financial strength rating and long-term issuer default rating affirmed at 'AA-' by Fitch
European Commission offers equality guidance to insurers
The European Commission has today adopted guidelines to help the insurance industry implement unisex pricing, after the Court of Justice of the European Union ruled that different premiums for men and women constitute sex discrimination.
Rate decreases still achievable despite record nat cats, Marsh says
Global insurance rates continued to climb in most loss-affected geographies and classes of business in the fourth quarter of 2011, but rate decreases are still achievable in many lines of business, according to a report by Marsh.
Record cat losses spark two speed market, claims Marsh
Rate decreases remain possible in many lines of business despite the fact that the fourth quarter of 2011 witnessed rising global insurance rates in most loss-affected territories and classes of business.
JLT appointed to manage new mortgage indemnity scheme
Jardine Lloyd Thompson has been appointed by the Home Builders Federation to manage and develop the newly introduced mortgage indemnity scheme, which will see mortgages on new build homes underwritten by house builders and the government.
Survey finds concerns with supply chain insurance
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a survey by the Federation of European Risk Management Associations has found.
End of Year Quiz 2011: Faces from the past
It is that time of the year when the Post team give their desks a sort out and tidy.
Post Blog: Restoration consternation
There was a time when damage restoration was held in high regard. Those repairing buildings after fire or flooding delivered excellent customer service and savings for insurers.
Ferma members voice concerns over supply chain management
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a simple survey by Ferma has confirmed.
KPMG boss predicts 'greater scrutiny' in 2012
Next year will see a return to underwriting disciplines for general insurers as their financial performance comes under greater scrutiny and they face increased regulatory interest.
Mapfre board praise outgoing chair following restructure
The restructuring process at Mapfre has been concluded with the election of Antonio Huertas Mejías to the position of chairman of the company and chief executive of the group.
Europe non-life growth beats life at 2.7%
European insurers saw a rise in total gross written premiums in both the life and non-life sectors in 2010, according to figures released today by the European insurance and reinsurance federation, CEA.
Treasury investigates rating agencies
The Treasury Committee is investigating whether the methodology used by ratings agencies sound and transparent.
Ipswich broker celebrates achieving chartered status
Staff at Pound Gates are celebrating after being awarded the title of ‘chartered insurance broker’ by the Chartered Insurance Institute.
Insurers call for "serious" government action on flood risk plan
The Association of British Insurers and its members have called on government to “seriously consider” subsidised flood insurance for policyholders in high risk areas, replacing the Statement of Principles, which expires in 2013.
Aon pays fines upwards of $16m following bribery charges
Aon has responded to charges that its subsidiaries bribed international government officials by agreeing to pay more than $16m (£10.1m) in fines.
Total UK GI premiums rose 5% in 2010
UK general insurance premiums increased by 5% in 2010 to £46.4bn, according to the Insurance 2011 report by TheCityUK.
Catlin hires new admin officer
Insurer Catlin has announced that Swiss Re’s Adrian Spieler will join in February as group chief administrative officer.
Axa warns of Christmas motor fraud
Axa has claimed December prompts huge jumps in fire and theft motor claims as one in ten consider defrauding their insurer to ease the financial pressures of Christmas.
Beazley confirms interest in Hardy
Beazley has confirmed it is interested in buying fellow Lloyd’s insurer Hardy, put up for sale after large Thai flood claims.
Equity Red Star names Dodd for fleet
Equity Red Star has appointed Andrew Dodd as its new motor fleet class underwriter, charged with growing key accounts.
Eiopa says insurers failed stress test
The European Insurance and Occupational Pensions Authority has warned that its low yield stress test showed that the insurance industry would be hurt if yields remain low for a prolonged period of time.