Insurer
"Murky" bond environment restricts Allianz result
Allianz’s strong headline third quarter earnings were overshadowed by yet another quarter of explaining one-off expenses, according to equity research firm Jefferies.
"Murky" bond environment restricts Allianz result
Allianz’s strong headline third quarter earnings were overshadowed by yet another quarter of explaining one-off expenses, according to equity research firm Jefferies.
Aegon "on track" with plans for reinsurance arm, claims CEO
Dutch insurance giant Aegon this morning reported that underlying earnings before tax increased by 21% year-on-year to €473 m in the third quarter of 2010.
Aegon "on track" with plans for reinsurance arm, claims CEO
Dutch insurance giant Aegon this morning reported that underlying earnings before tax increased by 21% year-on-year to €473 m in the third quarter of 2010.
AM Best affirms Hiscox 'A' rating
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda), Hiscox Insurance Company and Hiscox Insurance (Guernsey), all operating companies of Hiscox Ltd …
AM Best affirms Hiscox 'A' rating
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda), Hiscox Insurance Company and Hiscox Insurance (Guernsey), all operating companies of Hiscox Ltd …
RBS Insurance consults with a 1000 staff ahead of Indian outsourcing move
Royal Bank of Scotland Insurance could offshore more than 300 back office roles to India after launching a consultation with more than a thousand staff last week.
Penny Black's insurance week
The first day at a new job can certainly be stressful, what with new colleagues and a host of new challenges.
Postscript - 10 years ago: Helphire case comes close to end
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.
RBSI seals EXL Indian outsourcing deal
Royal Bank of Scotland Insurance could offshore more than 300 back office roles to India after launching a consultation with more than a thousand staff last week.
In series - property claims: I'm sticking with you
Insurers have sometimes been criticised for not doing enough to retain existing clients. Sam Barrett investigates how advances in property claims handling are helping to address this cost-efficient issue.
RBSI leaves door open for further reserving
Royal Bank of Scotland Insurance has not ruled out the need for further personal injury claims reserving after setting aside another £100m during the third quarter of the year.
Ruling clarifies 'double jeopardy' threats
A recent High Court ruling that will mean fewer claims reach the Financial Ombudsman Service could spell good news for insurers, according to a law firm.
View from the top: Rising to the challenge
It's no secret insurers are generally seeing continued pressure on the bottom line. A combination of reduced volumes, reduced investment returns and high claims costs have made trading profitably a challenge.
Motor increase is not a 'market failure'
The increase in motor insurance premiums is problematic without being a "market failure" according to the British Insurance Brokers' Association.
Interview - Ray Cox: True Brit
Brit may have taken its time in naming a new UK CEO, but now Ray Cox is in place he tells Jonathan Swift he is eager to build on his forerunner's legacy.
Legal update - NHS funding: The right to free care
A Primary Care Trust recently argued that a woman injured in a road accident was not eligible to receive NHS care due to winning a payout from her insurer. Glyn Jones explains the facts and implications of this case.
Postbox: Claims is about people and process
The 'In Series' property claims article in 4 November issue was of great interest and raises some important areas of debate around the use of technology in the claims process.
Clients switch as PwC lines up 50 bids for Rok
More than 50 interested parties are in the running to purchase all or part of beleaguered building repair firm Rok, administrator Pricewaterhouse Coopers has revealed.
Underwriting Service Awards 2010
Post is proud to introduce the Underwriting Service Awards 2010, an awards evening rewarding excellence and achievement in underwriting.
In series - property claims: Everybody's talking
Word of mouth is still the most effective way to retain or gain market share, argues James Grant and, with the rise of social media, more emphasis should be placed on keeping current customers happy.
Warning over PI cost rise
Insurers could see personal injury costs rise due to a government review of 'discount cost rates' on compensation.