Insurer
Personal injury claims on the rise in Scotland
Personal injury claims in Scotland have continued to rise over the past four years, despite a drop in claims in England according to figures from DWF.
Two-thirds of EU insurance legislation already enshrined in UK law
Two-thirds of European Union legislation that affect the insurance sector are already enshrined in UK law.
Besso Insurance Group reports 16% increase in brokerage as turnover hits £37.6m
Besso Insurance Group has reported a strong increase in its brokerage income in its 2015 results as turnover currently stands at £37.6m with pre-tax profits of £5.26m.
Insurers still open to Calais route for hauliers
Migrant activity on the Calais to Dover route has increased costs for hauliers but its insurance consequences are not clear: some observers are reporting premium rises, which others are denying.
Blog: Artificial Intelligence will transform insurance
Artificial intelligence has the potential to revolutionise insurance but before it does, insurers need to overcome public reticence and regulatory challenges.
Berkshire Hathaway Specialty expands to Macau
Berkshire Hathaway Specialty Insurance has gained an insurance and reinsurance license for Macau.
Nelson welcomes PM's Brexit timeline
Lloyd’s chairman John Nelson has welcomed Prime Minister Theresa May’s confirmation that Article 50 will be invoked before March next year.
Charman to net £255m from sale of Endurance to Sompo
John Charman stands to gain £255m from the £4.95bn sale of Endurance to Sompo.
New cyber coverage endorsement could minimise business interruption following an attack
Fm Global has introduced a new add-on product which gives current policy holders the opportunity to maximise their recovery from a cyber-attack.
Flood Re backing 53,000 policies six months after launch
Flood Re is now backing 53,000 policies just six months after the scheme’s launch.
Hastings investors to sell £99.8m stake
Investors in motor insurer Hastings will sell shares worth around £99.8m.
Axa to flood terrace house in research project
Axa will build and then flood a terraced house in a project aimed at helping develop flood resistant homes.
Only a quarter of UK insurers now support Solvency II
Support for Solvency II is waning with just a quarter of UK insurers believing the regime is the best way to run their business.
Top 100 UK Insurers 2016
How have the top 100 insurers fared over the past year? What have been the highs and lows faced by the market?
Sompo reaches agreement with Endurance's board for $6.3bn acquisition
Japanese property and casualty insurer Sompo Holdings has agreed to acquire Bermuda based P&C insurer Endurance Specialty for $6.3bn (£4.96bn) or $93 a share.
Rawlins leaves Insurance Australia Group
IAG's head of Digital Labs Claire Rawlins has left the insurer.
Editor's Comment: What would AI make of insurance?
At a recent Claims Club meeting I was introduced to IBM’s Watson, an artificial intelligence technology platform that uses natural language processing and machine learning to reveal insights from large amounts of unstructured data, and it got me thinking.
Penny Black's Social World - October 2016
Vehicular video, an incr-Ed-ulous response, walking for water and more
My other life: Gordon Rutherford, Axa - Bass Player
In his spare time head of marketing and e-commerce Rutherford is a bass guitarist in band Dark Flux.
Career development: Allianz broker programme recruits sixth edition scholars
Allianz has started its sixth cycle of its scholarship programme for commercial and personal lines brokers.
XL Catlin acquires Brooklyn Underwriting
XL Catlin has completed its acquisition of Lloyd’s approved coverholder Brooklyn Underwriting.
Career file: John Blundell joins Ecclesiatical as GI MD
Ecclesiastical has appointed John Blundell as managing director of its UK general insurance business, effective 1 September.
Seventeen Group breaks £10m for first time
Seventeen Group has seen a 6.4% increase in group revenues, exceeding £10m in 2015 for the first time.
Engineering insurance sector is under-evaluating cyber risks
Cyber risks are underestimated by engineering underwriters despite the Internet of Things and cloud computing having a direct impact on engineering risk landscape.