Insurer
Chaucer reduces 2010 cat loss estimates
Chaucer has reduced its best estimate for claims arising from the 2010 New Zealand earthquake and Australian floods.
Jubilee outsources motor claims
Jubilee Insurance has outsourced its run-off motor claims to Beachcroft.
FSA publishes PRO
The Financial Services Authority has published the Prudential Risk Outlook which sets out its assessment of macro economic and financial trends as a context for its micro-prudential regulation and supervision of firms.
IRM launches Bermuda group
The London-based Institute of Risk Management is set to launch a new regional group in Bermuda.
Prospx partners with Assurex to expand into EMEA
Prospx, developer of an on-demand search and sales collaboration solution for the commercial insurance industry, is extending its platform to Europe, the Middle East, and Africa through its relationship with Assurex Global.
Prospx partners with Assurex to expand into EMEA
Prospx, developer of an on-demand search and sales collaboration solution for the commercial insurance industry, is extending its platform to Europe, the Middle East, and Africa through its relationship with Assurex Global.
DWF appoints insurance partner
DWF has appointed Christopher Ryan as a commercial insurance partner at the firm’s expanding London office.
Ink enters care sector
Ink Insurance is to offer products for the charity and care sectors through Ink Charity.
Insurance investors “do not understand” risk appetite
Around of third of insurers believe that their own investors do not understand their risk appetite, a Towers Watson Solvency II QIS 5 survey has revealed.
Insurance investors “do not understand” risk appetite
Around of third of insurers believe that their own investors do not understand their risk appetite, a Towers Watson Solvency II QIS 5 survey has revealed.
RSA names Contour North lead trader
Insurer RSA has appointed former North-west UK General business development manager Andrea Rutherford as lead trader for Contour North.
Kiln enters liability market
Insurer and reinsurer Kiln has launched a new liability unit.
L&G posts £8m insurance loss
Legal and General attributed an £8m general insurance loss for 2010 to “extreme weather conditions” at the end of last year.
Jeffries: Munich Re Japan losses “modest”
Jeffries International has predicted “relatively modest” Munich Re losses from the Japan earthquake of €1bn (£869m).
Risk report attacks industry failures
The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.
Broker launches weather-related cover scheme
An insurance scheme has been launched that offers to compensate companies when the "wrong" kind of weather hits.
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Postbox: Time to revisit underwriting essentials
I have worked in underwriting for more than 20 years and, while technology has massively increased the array of tools we have available to underwrite risk, it's frightening to realise how few improvements have been made to the professionalism of our…
Penny Black's insurance week
Allianz almost shot itself in the foot last week when it encouraged management trainee Stephanie Ogden to take part in a TV debate in which she passionately defended the university degree system.
Strategic Technology Forum: clarity needed on internet data collection legislation
More clarity on forthcoming European legislation surrounding internet data collection is essential, if insurers are to implement it properly. This was the view shared by consulting firm Promontory Financial Group with Post's Strategic Technology Forum…
View from the top: embrace update challenge
Sometimes, if you want to look forward, it helps to have a look back first. This seems particularly true for the upcoming Continuous Insurance Enforcement legislation.
Post history - 10 years ago: RSA allays India job move fears
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
Axa prepares to scrutinise customer claim behaviour
Axa is looking into using the Claims and Underwriting Exchange to check prospective household customers' claims experience before it quotes for business, as part of its plan to manage claims costs within this portfolio.
Crawford trials data mining plan with three suppliers
Crawford & Company is trialling three potential suppliers to support its plans to launch data mining and matching capabilities within its counter-fraud unit.