Insurer
Claims Club News: Cutts: PI industry is at odds with access to justice
A conflict between access to justice and the so-called personal injury industry has sprung up according to Forum of Insurance Lawyers president Dan Cutts.
Claims Club News: RTA portal needs revamp
The road traffic accident portal, which went live last week, will need to be refreshed as early as the summer according to Fraser Fundell, chief executive of IDSL, the firm commissioned to manage the technology.
Claims Club News: Beware the apps backlash warns Williams
Any insurer considering introducing a claims app should be ready for a backlash warned David Williams, Axa's managing director of claims.
Editor's comment: Stop the text pests
Over the last fortnight it would appear that several people in the market, including myself, have been sent the same text message.
Fortis and RBSI hail RTA portal link-up success
Only a handful of insurers successfully took steps to link their internal IT systems to the Ministry of Justice's road traffic accident portal ahead of its roll-out, Post has learnt.
Biba 2010 Countdown: The London market view
With this year's Biba conference being held in the capital, Post thought it appropriate to ask a number of companies traditionally more associated with the London market why they are exhibiting and what they hope to get out of the event.This week we talk…
Amlin retains AM Best rating
AM Best has commented that the ratings of Amlin and its operating subsidiaries are unchanged.
Max Capital net income down $8.1m
Max Capital has reported net income of $36.4m for the first quarter, compared to net income of $44.5m for the first quarter of 2009.
Torus appoints construction underwriter
Global specialty insurer Torus has named Marina Moore as senior offshore construction underwriter.
Amlin retains AM Best rating
AM Best has commented that the ratings of Amlin and its operating subsidiaries are unchanged.
Post in print - 06 May 2010
Post news editor Mairi MacDonald provides a quick overview of this week's news, which includes, problems for the new government as it faces rehab lobby over lack of plans; Fortis and RBSI hailing the RTA portal link up success; Coverzones shutting shop…
Gulf explosion: Losses mounting up
Losses from the explosion of BP's Deepwater Horizon Platform are expected to be among the largest seen by the energy insurance market.
RSA wins Tesco pet insurance deal
Tesco Bank has partnered with RSA to provide underwriting and claims management for Tesco pet insurance in the UK.
Helphire spurns 'unprofitable' renewals as it cuts debt by £20m
Credit hire firm Helphire today said that it is rejecting business as it seeks to renew only accounts that are profitable going forward.
Amlin set to establish Swiss reinsurer
Amlin is to establish a reinsurance company in Switzerland to provide European reinsurance buyers with Amlin`s first-class security and service delivery.
Lancashire suffers Q1 profit slide
Speciality underwriter Lancashire holdings has reported net post tax profit of $8.2m (£5.4m) for the first quarter of 2010 – a fall of almost 80% on $40.7m profit of Q1 2009, partially impacted by the Deepwater Horizon incident.
XL reports 100.5% combined ratio
XL Capital's property & casualty business has reported a 100.5% (Q1 2009: 92.1%)combined ratio in the first quarter of 2010.
Biba 2010 Countdown: At the fringe
This year's British Insurance Brokers' Association Conference will feature a number of fringe sessions for the first time. Chris Hanks explains what his firm will be doing.
Amlin set to establish Swiss reinsurer
Amlin is to establish a reinsurance company in Switzerland to provide European reinsurance buyers with Amlin`s first-class security and service delivery.
XL reports 100.5% combined ratio
XL Capital's property & casualty business has reported a 100.5% (Q1 2009: 92.1%)combined ratio in the first quarter of 2010.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.
Coverzones backer MMA "saddened" by its closure
MMA-backed commercial insurance aggregator Coverzones has shut up shop less than two years after it commenced trading in June 2008.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.