Insurer
Admiral CEO predicts 'no material difference' following Brexit despite dramatic drop in solvency ratio
Admiral CEO David Stevens today said that Brexit will make no material difference to the insurer, despite the group seeing a significant drop in its solvency ratio following the out vote.
Clydesdale Bank confirms 'appetite' to assist MGA's as Lorega lands £2.75m funding package
Lorega has secured a £2.75m funding package from Clydesdale Bank’s specialist and acquisition finance team for "additional growth".
Newman swaps XL Catlin for Sompo Canopius in Singapore
Mark Newman, former head of Asia at XL Catlin, has joined Sompo Canopius as its CEO Asia-Pacific, Middle East and North Africa.
Video: FCA study into the sale of add-ons
This infographic illustrates the main details of the FCA’s study into the sale of general insurance add-ons.
Admiral increases overseas' car customers by 20% in first half
Admiral's CEO David Stevens has hailed the strength of the business as he unveiled his first results since taking on the top job.
Blog: Riots and claims, five years after the London unrest
When the ‘Black Lives Matter' protests on 5 August brought West London traffic to a standstill and cut off the M4 corridor into Heathrow Airport, one couldn't help thinking of the simmering social tensions that led to widespread rioting five years ago.
QBE's first half profits fall 46%; Australia and New Zealand CEO exits
Australian giant QBE's 2016 first half after tax global profits declined 46% to $265m (£203m)compared with $488m in the same period last year.
Government accused of ‘watering down’ rules over sprinklers in schools
Insurers have accused the government of “watering down” rules over the installation of sprinklers in schools.
H1 catastrophe losses to exceed 2015, says Marsh
Global insured catastrophe losses have increased in the first half of 2016 to $27bn (£21bn) compared to $19bn (£15bn) in the first half of 2015, according to Marsh.
Chubb's Keen promoted in Asia-Pacific
Global insurer Chubb has promoted Jason Keen to head of property and casualty for Asia-Pacific.
Axa's David Williams on the unbearable intrusion of CMCs
With two-thirds of the population cold-called on a weekly basis, it’s time to take action
Fire claims are getting more costly for insurers
Despite a continuing reduction in the number of fires, the cost of blazes is actually increasing. What can be done to educate the public about the risks involved?
AIG sells US mortgage insurer to Arch
AIG has sold its US mortgage insurer United Guaranty to Arch Capital for $3.4bn (£2.6bn) subject to regulatory approval.
Bermudian insurance giant behind largest UK insurtech start-up investment
Insurtech start-up Buzzmove has closed a £6m super-seed round led by Bermuda-based White Mountains Insurance Group.
Blog: Action Fraud helpline not enough against cyber crime
The police alone cannot tackle cyber crime and the revamped fraud reporting centre may prove less helpful than hoped
Hiscox pledges to pay out in full on fair representation of risk cases under Insurance Act
Hiscox Insurance Company has made a pledge to pay claims in full to claimants that neither deliberately nor recklessly fail to make a fair representation of a risk under Insurance Act 2015.
Gable Insurance's first decade: seven lessons for start-ups
It is now four weeks since Gable announced it was cutting back its underwriting operations in light of compliance issue with Solvency II.
Voyager Insurance Services launches new travel insurance product for high risk zones
Voyager Insurance Services is offering leisure travel insurance for people travelling to countries that are deemed ‘high risk’ by governments with its new product High Risk Voyager.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Berenberg retains its 'sell' recommendation on Esure following results
Berenberg analysts have retained their “sell” recommendation on Esure following the insurer’s H1 results.
Insurance Act quiz
The Insurance Act is upon us. How well do you know this much anticipated piece of legislation? Take our quiz to find out!
Blog: How to sell insurance to Generation Y
What's all the fuss about Generation Y? Many people in our industry will be thinking ‘why does this all sound so complicated and why does it matter to me'? The good news is this: like all things in insurance, the core issue boils down to a small number…
Insurance market prepared for Insurance Act finds Airmic survey
The Insurance Act has become official today and risk managers are confident insurers and brokers have prepared for the changes, according to research by the Association of Insurance and Risk Managers.
Biba calls on insurers to be clear on Insurance Act 2015
The British Insurance Brokers’ Association has called on insurers to be clear when they 'contract out' of parts of the Insurance Act 2015, which is implemented today.