Insurer
Lloyd's CEO Inga Beale on Desert Island Discs: Five things we learnt
Desert Island Discs was an important part of my childhood - as were The Archers and Test Match Special - growing up in a radio-obsessed household. However, in the age of podcasts I only dip in and out of the show now if I read about a guest who has been…
Motor helps Ageas UK’s COR to stay below 100
Ageas UK has reported a 99% total combined ratio (Q1 2015: 99.7%), driven by improved motor COR of 98.7% (Q1 2015: 106.4%), but other non-life ratios were weaker compared to this time last year.
C-Suite Europe: Ageas' Bart De Smet on mergers and alliances
Recent consolidation moves must not overshadow the business opportunities offered by joint ventures: the acronym M&A could be redefined as mergers and alliances.
Moreau to leave Axa in June
Nicolas Moreau, chairman and CEO of Axa France, is to leave the insurer on 30 June after 25 years.
Aviva seals exclusive deal with digital incubator Founders Factory
Aviva will be the exclusive financial services partner for digital accelerator and incubator Founders Factory over the next five years.
Legislative support extended to driverless cars
Autonomous cars have gained legislative backing in the Queen’s Speech today (18 May) as insurers hail the innovation as doing more to save lives than seatbelts.
UK motor prices to remain flat in 2016, as insurers drive competition
Increasing competition from insurers will cause prices for UK motor insurance to stay flat throughout 2016, according to a Macquarie report.
Fraud Focus: DWF's Jamie Taylor asks if small is beautiful
Does a small claim equate to a small risk of fraud detection? How might fraudster behaviours change once the seemingly inescapable raising of the small claims track limit is implemented?
Asia Analysis: The sensors are coming
New sensor technology has huge potential for the insurance industry, but companies in Asia are lagging behind their Western counterparts writes Nicky Burridge.
Icahn ups stake in AIG by 5.2%
Regulatory filings show activist investor Carl Icahn has increased his stake in AIG.
Cyber costs could be offset against IPT: report
A report into the state of cyber resilience raises the possible benefits of industry-specific tax breaks for companies investing in cyber measures, with the report from lobby group The City UK and Marsh stating industry should explore this with…
Outsourcing: Shaping up to demonstrate customer focus
Service providers and insurers are sharpening up their outsourcing practices to bring them into line with tough new regulatory demands outlined by the Financial Conduct Authority a year ago.
C-Suite - Insurer: Allianz's David Martin on the scourge of underinsurance
Poorly judged estimates in the SME market can leave customers seriously out of pocket when it comes to making a claim.
Dual appoints Mark Hudson as CFO
Dual has hired Mark Hudson as chief financial officer, effective from September 2016.
Claims management company fined £250,000 by ICO after making 17.5m nuisance calls
Blackburn-based Check Point Claims has been fined £250,000 by the Information Commissioner’s Office, which launched an investigation following 248 complaints.
Allianz’s commercial COR stronger than personal as restructuring continues
Allianz has reported an 89.9% combined ratio in commercial for Q1 2016 but despite improvements, its personal lines COR remains over 100 at 101.2% (FY 2015: 106%).
ASR aims to launch IPO in Q2 2016
Dutch insurer ASR has confirmed its intention to proceed with an IPO and listing of its ordinary shares on Euronext Amsterdam.
Former OIM Underwriting MD launches MGA with £20m GWP target
Jason Anthony, former managing director at OIM Underwriting, has launched MGAM Limited, a managing general agent with a target of reaching £20m gross written premium in year one.
Chubb promotes Ly to president director for Indonesia
Chubb's vice president and deputy Asia-Pacific head of personal business Tai-Kuan Ly has been appointed president director, general insurance in Indonesia.
Ryan Direct and Close Brothers extend contract
Ryan Direct Group and Close Brothers will enter an exclusive contract in the home SME and motor books for a further three years.
Blog: Proposed whiplash reforms are cynical
Andrew Twambley, founder of Injury Lawyers 4 U and spokesman of Access 2 Justice, reacts to the proposals put forward by Allianz's head of technical claims Sarah Mallaby to clamp down on claims farming.
Webinar catch-up:Building insurance brand loyalty in a digital age
We are told we live in a brand-obsessed age. Whilst consumers might be able to name the retailer or telecommunications operator they most readily identify with, when it comes to insurance price is still seen as the key driver as to where someone places…
Biba and results in the news; focus on computers and sports
The main insurance news and the Post exclusives this week, in case you missed it.
Research: State of the Risk Management Nation: Part One: Relationships
For Post’s second research project of 2016, Michèle Bacchus asks 15 senior and junior risk managers for their views on insurers, brokers, regulation and what they would like the future of the sector to look like