Insurer
Legal update - Successor practice rules: A legal minefield
As law firms acquire work from distressed practices, both they and professional indemnity insurers need to be wary of the rules regarding succession. Craig Jones reports.
APPG - 20 years in force: Representation for the industry
With its 20th anniversary just passed, David Worsfold looks at the success of the All Party Parliamentary Group on Insurance & Financial Services, detailing some key highlights from two decades of debate.
Postbox: Policy cancellation not fair on drivers
Mike Eve makes some interesting points regarding uninsured driving and, unfortunately, he is correct that fines for uninsured driving, and most other offences for that matter, are governed by the financial status of the offender.
Claims Club news: Extra capacity demands place pressure on loss adjusters
The big freeze over the winter of 2010/2011 is the latest event to raise the issue of how loss adjusters and other service providers find extra capacity to meet insurer and policyholder demands.
Co-op targets 10 000 new pet policies after Allianz deal
The Co-operative Insurance is aiming to sell 10 000 new pet insurance policies, after entering a multi-year deal with underwriter Allianz.
In series - Georgraphy & Solvency II: A new way of looking
A better understanding and quantification of risk portfolios will be provided by Solvency II. Sam Barrett assesses the benefits and potential pitfalls.
Post history - five years ago: Pet Plan slams 'pet theft' reports
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Insurer refuses to accept ABI's 'nightmare' gender ruling guidance
One of the UK's largest specialist female insurers has scoffed at the Association of British Insurers' suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice's gender verdict due on 1 March.
Claims Club news: ABI rules out centralised flood response body
The Association of British Insurers is poised to reject the concept of having a centralised response to surge events, which could have seen streets allocated a specific loss adjusting firm to moderate claims.
Relaunch of UK's first Takaful insurer hits the skids
The rescue and relaunch of the UK's first Shariah-compliant insurer Salaam Halal has fallen through over disagreements with its prospective backer, Post has learnt.
Chaucer confirms bid rumours as Terra Firma enters frame
Chaucer has again become the subject of speculation in the market after it was revealed "a number" of potential buyers have made provisional approaches for the firm.
Postbox: Fines are just one tool for CIE
I note with interest Mike Eve's letter in Post referring to the level of penalty under the Continuous Insurance Enforcement process being "far too low"
Motor and home claim costs reach £1.4bn after freeze
Total costs for motor and home claims reached £1.4bn between during 24 November to 31 December 2010, as the big freeze swept across the UK, figures released by the Association of British Insurers have revealed.
Markel plays down losses from antipodean disasters
Markel International does not expect its future profits to be badly affected by the New Zealand earthquake and recent Queensland flooding, after previous catastrophe events added six points or $33m (£20.5m) to its 2010 full-year combined ratio.
Career development & CSR: More Than take campaign to Manchester
More Than is to take its road and fire children's safety campaign sponsorship to Manchester.
Mobile technology - Brokers: How can technology benefit the way brokers do business
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.
Career development & CSR: Cable calls for increased focus on apprenticeship schemes
Business secretary Vince Cable and skills minister John Hayes have urged more employers to drive economic growth by creating a new generation of skilled workers, while underlining the government's commitment to increase the budget for apprenticeships to…
Post history - 30 years ago: IIA chairman renews stability call
Looking through Post's back catalogue paints a unique picture of mroe than 150 years of insurance news, as this highlight from 30 years ago reveals.
Zurich seeks to reduce fleet claims through deal
Global driver-safety firm Greenroad has signed a deal with Zurich fleet client Iron Mountain to roll out its service across the UK.
US insurers 'irritated' by equivalency scheme
Some US-based insurers find plans to align more closely with their European counterparts under the Solvency II equivalency scheme 'irritating'.
Corporate bond market to "triumph"
Legal & General has advised investors to keep an eye on the corporate bond market in 2011.
Corporate bond market to "triumph"
Legal & General has advised investors to keep an eye on the corporate bond market in 2011.
Post Magazine – 10 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
AIG to strengthen Chartis balance sheet by $4.1bn after loss reserve review
Following completion of its annual comprehensive loss reserve review, AIG said today it expects to record a $4.1bn charge, net of $446m in discount and loss sensitive business premium adjustments, for the fourth quarter of 2010 to strengthen loss…