Insurer
Vienna Insurance Group completes merger with Wiener Städtische Osiguranje
Vienna Insurance Group has completed its merger with Wiener Städtische Osiguranje and the two Axa companies it acquired last year.
Feature: The future of post-hospital care
With budgetary pressures mounting on the NHS, more patients are recovering at home and insurance could play an increasing role in covering the costs of post-hospital care.
Novae shareholders give Axis deal the green light
Novae shareholders have overwhelmingly accepted a £477.6m takeover by Axis Capital with approximately 99.97% of shareholder votes cast in favour of the proposal.
Calling all brokers, there is still time to shape the 2017 Underwriting Service Awards
Brokers, there is still time left to shape the runners and riders for this year’s Underwriting Service Awards.
NFU Mutual ranks lowest for digital services in home and motor lines
Just 4% of leading insurers are providing digital services in their claims process within home and motor lines of business.
Jabsheh moves to London to take on role as IGI UK executive director
International General Insurance Holdings has appointed Waleed Jabsheh as executive director of its UK board.
Personal injury claimant jailed for fraudulent claim against Hastings Direct
A personal injury claimant has been jailed for making a false claim against Hastings Direct.
Insurance Europe responds to Vnuk consultation
Insurance Europe and the Council of Bureaux have issued a joint response to the European Commission’s inception impact assessment on the Refit review of the Motor Insurance Directive.
Sherpa raises $2.3m during seed funding round prior to UK expansion
Insurtech start-up Sherpa has raised $2.3 million in funding from angel investors prior to its launch in the UK later this year.
German insurtech start-up raises $10m seed investment
Berlin-based insurtech start-up Coya has raised a seed investment of over $10m from global investors including Brolly backer Valar Ventures.
Insured losses from Hurricane Harvey to range into the billions
Insured losses resulting from Hurricane Harvey’s winds and storm surge could range from $1.2bn (£0.93bn) to $2.3bn (£1.78bn), according to AIR Worldwide.
Uninsured driver claims rise for first time in over a decade
The Motor Insurers' Bureau has seen an increase in the number of uninsured driver claims for the first time in over a decade.
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
QBE's Grant Clemence on moving CSR forward
Insurers must think more ambitiously about their corporate social responsibility, says QBE Foundation's chairman Grant Clemence
Blog: Insurers should support replacement of lead pipes
Insurers should fund the replacement of lead pipes, instead of having them repaired, urges Chris Cowen, client relationship manager at Auger, arguing this will cut claims in the long term.
This Week in Post: Is there a driver on board this truck?
Living in South London, I’m in an on-off relationship with my broadband connection. My unreliable web access is irritating – although it is probably not as bad as in certain rural areas.
Reconstruction costs for Harvey could top $40bn
Reconstruction costs form property damaged by Hurricane Harvey could reach $39.6bn, according to Core Logic.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Harvey expected to be major hurricane as it approaches Texas landfall
Inland flooding, hurricane winds, and life-threatening storm surge poses a severe risk from Hurricane Harvey, according to catastrophe modelling firm AIR Worldwide.
Insurers welcome government's self-driving lorry trials
The government has greenlighted a project which will see self-driving lorry “platooning” trials on UK roads by the end of next year.
Axis increases Novae takeover offer to 715p per share
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
Aviva sells stake in Italian insurance business
Aviva has sold its stake in its Italian joint venture Avipop Assicurazioni SpA.
MSIG to buy First Capital for £1.25bn
Japanese carrier Mitsui Sumitomo Insurance, part of MS&AD, has acquired Singapore general insurer First Capital for $1.6bn (£1.25bn) from Fairfax Financial.
Motor premiums to rise while government delays Ogden consultation feedback
The Ministry of Justice’s decision to delay the Ogden consultation feedback may push motor premiums up.