Insurer
Post Europe: ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Post Europe: Legal opportunities in Italy
Italy has a strong history of legal expenses insurance and despite the recession this sector has faired well. Giovanni Nenz explains why the product still has much to offer.
Post Europe: Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Insurance Insight May: Exclusive legal expense and ADR content now live
Insurance Insight May is now live with a look what impact the European Commissions proposals for consistence on alternative dispute resolution will have; how the Balkan region deals with weather related catastrophes; and how Italy’s legal expense market…
ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Legal opportunities in Italy
Italy has a strong history of legal expenses insurance and despite the recession this sector has faired well. Giovanni Nenz explains why the product still has much to offer.
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Lancashire Q1 profits steady at $8.6m despite “significant” cat activity
Lancashire Holdings has recorded a net profit after tax of $8.6m in Q1 2011 (Q1 2010: $8.2m), after incurring $75m costs from the Japanese earthquake-tsunami.
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Sony's insurers to help foot bill for data breach
Sony is looking to its insurers to help pay for its massive data breach an amount that could exceed $2bn, Reuters has reported.
78% of brokers confident about business prospects
A poll by Mapfre Assistance has revealed that price comparison sites are still viewed as the greatest challenge to broker business models.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
RBSI returns to operating profit as income falls 7%
Royal Bank of Scotland Insurance has reported an operating profit of £67m in the first quarter of the year compared to a loss of £50m in the same period in 2010.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Admiral "on track" to meet analysts' 2011 estimates after solid Q1
Admiral this morning reported that group turnover in the first quarter of 2011 increased by 56% to £539m; and group vehicle count increased 33% to 2.9 million.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Government launches review of FSA inquiry into RBS failings
The Financial Services Authority has welcomed a statement by the Treasury Select Committee confirming that an independent review will take place of the regulator’s report into the the failure of Royal Bank of Scotland.
Barclays appoints Kieran Murphy to head up general insurance
Barclays has appointed Kieran Murphy to the role of managing director of Barclays Insurance for the bank’s UK retail business.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.
Chartis appoints chief actuary from Axa
Chartis has confirmed the appointment of former Axa chief actuary Fabrice Brossart to a newly created chief actuary role at the insurer.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.
Former Capita boss joins Junction
Insurance affinity specialist Junction has appointed Derek Henry as the new director of corporate partnerships.