Insurer
AIG's work experience programme makes students u-turn on ruling out insurance as a career
Two-thirds of participants in AIG’s two-week work experience programme said they were "quite likely” or “very likely” to consider a job in insurance after completing the course, compared to 67% unknowns at the start.
Hastings Group remains focused on competitive pricing as GWP grows 28%
Hastings Group's half year results, released today, revealed gowth in profit, gross written premiums and policies.
Ageas CEO Andy Watson expects motor premium rises to slow in H2
Ageas UK CEO Andy Watson has told Post that he expects motor premium rises to slow significantly in the second half of 2016.
Zurich UK sees hike in profits despite strong stance on new business
Zurich UK has seen business operating profit and combined operating ratio significantly improve in the first half of 2016, despite an 8.1% drop in gross written premiums.
Travel insurance premiums fall by 9% with biggest drop for European policies
Travel insurance premiums have fallen by 9% in the last year, according to the first Consumer Intelligence travel insurance price index.
Insurers say basing insurance pricing on ethnicity would be 'ethically wrong'
Insurers have spoken out against the recent report from a PI legal firm that suggests motorists living in areas with a high proportion of ethnic minorities pay higher premiums for motor insurance.
Zurich appoints Howell Asia-Pacific CEO
Mario Greco, global CEO of Zurich, recruits former Generali colleague for Asia-Pacific role.
Blog: Impressing communities with a Week of Giving
The Insurance Industry Charitable Foundation is gearing up for the Week of Giving, which will provide insurance people with the opportunity to give back to the community.
Europe: Measuring the cost of liquidity under Solvency II: fund or deposit?
Liquidity funds have been receiving increased attention from insurance companies. Indeed, some banks in developed markets are reducing their appetite for short-dated funding from non-bank financial institutions.
Zurich has steady first half as Greco restructures
Global general insurance profits and gross written premiums at global giant Zurich were stable in the first half of 2016 compared with the same period last year.
Insurers voice concerns over FCA transparency proposals
The Financial Conduct Authority has published a policy statement which outlines rules to increase engagement at renewal in the general insurance markets, but insurers are worried their positions will be undermined.
Norfolk insurance broker Hugh J Boswell becomes latest to suffer a cyber-attack
Norfolk insurance broker Hugh J Boswell has become the latest insurance firm to suffer a cyber-attack, Post can reveal.
In the August issue of Post magazine
Inga Beale and the British Insurance Awards are in the August issue of Post.
Ageas sees GWP growth despite weather claims hitting profits
Ageas has seen its consolidated UK combined operating ratio rise to 100.1% for the first half of 2016 as a result of flash floods and storms in June.
Blog: Enterprise collapse shows taxi and self-drive rates have been too low
Enterprise's failure shows a correction to rate levels is long overdue. Mark Bacon, underwriting director at ERS, argues now is a time for discipline in pricing.
Blog: Autonomous vehicles - whose claim is it anyway?
Autonomous vehicles are regularly in the press heralding a new era of transport and social inclusion. While a fully autonomous world is an exciting prospect, most commentators will readily admit that it may be at least 20 years before we can call an…
Motorists pay higher premiums in ethnic neighbourhoods, says PI legal firm
Motorists living in areas with a high proportion of ethnic minorities pay higher premiums for motor insurance, according to a report commissioned by a personal injury legal practice - and dismissed by the Association of British Insurers as flawed and…
Asia Analysis: Hong Kong's watered-down health insurance scheme
The Hong Kong government has announced a watered-down version of its controversial Voluntary Health Insurance Scheme. Nicky Burridge explains.
Portevin switches roles and Carter to retire at Allianz's global commercial arm
Senior management shake-up at Allianz Global Corporate and Specialty.
Gallagher secures multi-year deal with London University Purchasing Consortium
Following a recent public procurement exercise, Arthur J. Gallagher has secured a multi-year deal with London Universities Purchasing Consortium as its insurance broker.
FCA fines stockbrokers Cenkos over half a million for mishandling of Quindell
The Financial Conduct Authority has fined Cenkos over half a million pounds for misrepresenting insurance outsourcing firm Quindell.
Legal & General reports drop in GI pre-tax profit to £46m
Legal & General has reported general insurance profit before tax reduced to £46m as a result of interest rates cuts.
82% of insurers considering SaaS technology in response to Flood Re, IPT and CMA motor reforms
Insurer adoption of cloud hosted software-as-a-service technology is set to grow as a response to unprecedented regulatory change, according to research of 94 senior insurance decisionmakers and IT professionals.