Insurer
Brit CEO Cloutier hails "sound performance" despite "challenging" market
Lloyd's insurer Brit has reported an operating profit before FX and corporate activity costs of US$198.5m (£150.5m) for the first half of the year (H1 2015: US$70.9m). Profit after tax was US$197.6m (H1 2015: US$6.4m).
Travel: Navigating the exclusions
Travel insurance policies come with exclusions that can have huge consequences on your financial and personal life.
Blog: Train hard, fight easy - five lessons the corporate travel insurance sector can learn from the army
In my former life as an army officer, I spent several years specialising in operational planning and intelligence analysis, often in Afghanistan and Iraq. I also managed evacuations from challenging environments like Gaza and Kurdistan.
Biba and Ageas renew calls for telematics tax break after record motor premium hike
Young drivers should be given a tax break on their motor insurance if they take out a telematics policy.
Enterprise liquidator tells policyholders to seek new cover due to claims uncertainty
The provisional liquidator of Gibraltar-based Enterprise Insurance Company has warned that it is uncertain the business has enough assets to pay claims.
No clarity over who will pay for ADAS recalibration
Thatcham Research has issued a new voluntary code of practice to provide clear guidance on the recalibration of car safety technology during the replacement or refit of windscreens.
UK P&I Club: ‘Can-test’ could cut deaths caused by cargo liquefaction
Protection and Indemnity insurance provider The UK P&I Club has called for members to use ‘can-test’ to help avoid loss of life arising from cargo liquefaction.
Standards could play key role in accelerating fintech and insurtech
Standards could play a key role in helping to strengthen and accelerate fintech’s development in the UK, research from BSI has suggested.
Insurance Europe has doubts on services passport
Insurance Europe has questioned the ability of a services passport to ensure that a service provider is able to satisfy cross-border insurance obligations, in response to a European Commission consultation.
Las Vegas fraudster pleads guilty to laundering £66,000 of dead mother's pension
A woman who pocketed £66,000 of her mother’s pension payments three years after she died has pleaded guilty to fraud and money laundering.
Vehicle thefts up for first time in 20 years in London
The Metropolitan Police has seen the first rise in vehicle thefts in 20 years, a Home Office report has revealed.
AIG announces Brexit residency cover for executives
AIG is to cover legal challenges in the event of permanent residency applications being rejected pre Brexit, and the challenges to repatriation orders post Brexit, and part of its Directors' and Officers' policy.
Lloyds Banking Group insurance profit hit by weather claims in H1 2016
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).
Interview: Steve Treloar, LV
Steve Treloar, the newly appointed managing director of LV's general insurance business, has been in his job for less than three months, but has already met 3000 staff.
Natural catastrophe losses hit XL Catlin's Q2 profits
XL Catlin suffered $240.1m (£182m) of natural catastrophe losses in the second quarter of 2016 compared with $59.9m in the same period last year.
Supreme Court ruling will not revolutionise industry, say insurance lawyers
The Supreme Court ruling to allow case re-opening when new evidence of fraud has come to light will not lead to an influx of old cases being reexamined, insurance lawyers said.
Enterprise parent company to expand MGA following insurer's collapse
The parent company of collapsed insurer Enterprise is looking to amend the remit and secure additional capacity from an alternative re-insurer for its Managing General Agent Andeva.
Supreme Court rules that claims cases can be re-opened
The Supreme Court has ruled that cases can be re-opened if new evidence of fraud subsequently comes to light after the settlement.
UK General Insurance supports Fish's motor excess book following Enterprise collapse
Leeds-based personal lines insurer UK General Insurance will be supporting Fish Insurance’s motor excess protection book following the collapse of Enterprise on Friday.
Charles Taylor looking to help Cega expand its client base
Charles Taylor is hoping its existing client base will help organically grow new acquisition Cega.
Lancashire Holdings pre-tax profits fall by 36% in H1 2016
The first half of 2016 saw pre-tax profits for specialist insurer Lancashire Holdings drop from £67.5m in H1 2015 to £43.1m.
Expertise from A-Z: Sharing economy: Collaborate, insure and prosper
The sharing economy is booming, with new businesses constantly bringing new offerings to market and insurance is playing a major role in supporting such innovation
Expertise from A-Z: Sharing economy: Learning to share
With the sharing economy set to rocket in value over the next 10 years, the changing attitudes of the younger generation means insurers need to ditch their ‘one size fits all’ approach to insurance
Video: Expertise from A to Z with Glen Clarke of Allianz discussing the sharing economy
With companies such as Uber and AirBnB taking huge chunks of their respective industries, the sharing economy is here to stay.