Insurer
Munich Re unveils profit estimate for 2010
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (2009: €2.56bn), despite substantial major losses, it announced this morning.
Brightside still on target despite life arm difficulties
Brightside's broking chairman has insisted the group is on target to meet its general insurance business plan, despite admitting its life offering is "not at the level it had hoped for".
Post history - five years ago: Local authority risk moves on
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.
Fraud team to expand at Horwich Farrelly
Insurance litigation specialist Horwich Farrelly aims to expand its team of fraud specialists in the next 12 months to meet increased demand.
Former UKDN employee lied
A former UK Drainage Network employee has been forced to retract claims that the company handed over shares to land a fulfilment contract, after admitting the allegations were false.
Interview - Kevin Pallett: Back in the MGA market
After two years out of the market, Kevin Pallett is back with a new managing general agency. Leigh Jackson asks him about his plans for Aspen Risk Management.
Penny Black's insurance week
Penny's friends in the sporting world have had a busy time this January transfer deadline. Struggling West Ham appear to be the latest team to have gotten themselves into a little insurance-related pickle.
In series - Geography & Solvency II: Advice on getting data right
For the majority of insurers and to a certain extent brokers, data quality has consistently been an issue with reasons ranging from the ongoing problems of legacy systems to basic human error, as Sarah Adams explains.
Quinn signs up to ABI's GTA agreement
Quinn Insurance has signed up to the Association of British Insurers' general terms of agreement between insurers and credit hire operators.
Career development & CSR: BGL Group dozen triumph in CMI leadership programme
A dozen employees from the BGL Group have successfully completed a Chartered Management Institute leadership programme.
Public sector cuts: Risk management savings - a false economy?
The squeeze on public sector spending is about to get tighter. Jakki May examines the ways in which its employees, brokers and underwriters need to get the best out of insurance, without compromising quality.
Career development & CSR: UK managers would benefit from reading more
As insurers continue to fight their way through a tough economic climate, it is important to expose managers to good ideas and innovative thinking. Alongside methods such as mentoring and brainstorming, another route is through reading a range of the…
In series - Geography & Solvency II: Accurate data is key to Solvency II requirements
The need for more accurate data and improved infrastructure is occupying insurers' Solvency II teams. However, Sam Barrett finds that UK firms are well prepared when it comes to accuracy of information.
Post history - 10 years ago: Chubb offer refused by Hiscox
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Bent case set for new hearing at Cambridge County Court
The ongoing credit hire dispute involving Aston Villa footballer Darren Bent is due to be reheard at Cambridge County Court on Friday.
Post history - 50 years ago: Cleopatra claim worth watching
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Markel UK exits vacant property market
Markel UK is to close its vacant property account, after ceasing to take on new business or renewals, Post has learnt.
MGAA sets launch date and associate cap
The Managing General Agents' Association is to formally launch on 6 April, after moving to the final stages in its preparations.
Broking focus - BCP: Business Continuity Plans for beginners
Brokers and claims practitioners differ in opinion over the usefulness of business continuity plans. Amy Ellis looks at how the market can be educated about the inherent benefits.
Postbox: Going back to basics is the long-term solution
I was interested to read the item on winter freeze claims in the same issue as the article by Ecclesiastical’s David Bonehill on claims professionalism.
People moves – 3 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 3 February 2011 edition of Post.
FSCS increases broker levy fees
The Financial Services Compensation Scheme has increased its total levy on insurance brokers from £61m to an estimated £93.5m for 2011/12.
Post Magazine – 3 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.