Insurer
FCA ends Quindell investigation in light of SFO probe
The Serious Fraud Office’s decision to launch an investigation into previous business and accounting practices at Quindell has led to the Financial Conduct Authority discontinuing its own inquiry.
C-Suite: Shipowners benefit from lower rates in economic choppy waters
How have marine insurers responded to the financial challenges facing the shipping industry? Positively, is the short answer; part of this positive response has been deliberate, part has been fortuitous.
QBE gains in first half from asset sales and improved COR; CEO targets growth
Sydney-headquartered QBE saw a 24% rise in first half after tax profits to $488m (£331m) compared with $392m in the first half of last year.
Insurers pessimistic about swift NIHL claims drop despite government action
Government-led measures to clamp down on unmeritorious industrial deafness claims will not trigger a short-term decline in record-breaking claims volumes, according to industry bosses, although the prospect of a Medco extension has been mooted as a long…
Q&A: Niall Mackenzie: Search for solutions
Niall Mackenzie leads the sports betting and e-gaming sector at Google. He outlines the digital lessons the insurance industry could learn.
Insurance Act: Loss Adjusters: The need to change
Loss adjusters may need to change their working practices as the Insurance Act comes into effect
Insurance Act: The Insurance Act timebomb
The clock’s ticking, and now is the time for the market to get ready for the changes ahead.
CMC boss jailed for bogus police car collision claims against Travelers
A claims management company director has been jailed for 12 months for his part in pursuing claims on behalf of an unknowing group of schoolboys who had been involved in a collision with a police car.
Interview: Roger Brown: Back in the black
ECIC CEO Roger Brown turned a loss-making business into one that now boasts a portfolio of big budget infrastructure projects.
UK insurer CEOs lament IPT hike as H1 results are squeezed
Industry CEOs have criticised the government’s "regressive" decision to increase insurance premium tax, but have dismissed the tax hike represents a disconnect from government, amid widespread profit drops and combined operating ratio deterioration at…
Quindell names technology expert Mukerjee as CEO
Embattled outsourcer Quindell has appointed technology and industrial sector stalwart Indro Mukerjee as its new group CEO.
North of the Border: In it together?
Does joint names insurance displace contractual liability or does it depend on the wording?
Penny Black's Insurance Week - 20 August 2015
Penny is not a fan of numbers – other than in relation to how many names she has on her dance card.
Allianz wins judgment on ‘unreasonable’ issuing of court proceedings
Allianz has successfully defended itself from having to pay seven times more in costs for a personal injury case after a judge ruled the claimant had issued legal proceedings prematurely.
Allianz appoints new broker partnership manager
Allianz Insurance announced today (14 August) that it has appointed Stacey Keen to its Retail division as broker partnership manager.
Deloitte promotes Rush to insurance leader
Deloitte has appointed senior audit partner David Rush as insurance head and Europe, Middle East and Africa insurance group co-head.
Blog: Alternatives to claims ratios
There seem to be mixed views from the industry around the viability of the Financial Conduct Authority's review of add-ons - in particular its focus on claims ratios as a measure of value.
Hundreds of London market wordings threatened by Insurance Act
Hundreds of model policy wordings used by the London market may require amendment in light of the new Insurance Act, according to the Lloyd's Market Association.
Flood Re starts ‘on-boarding' process
Flood Re has started its on-boarding process that will ensure those businesses wanting to participate in the scheme are ready to use it by April 2016.
Insurance quiz of the week - 14 August 2015
It’s that time to put your knowledge of this week’s insurance news stories to the test. Once again, it’s not just for fun – England rugby tickets are up for grabs!
Insurers pledge support to intermediated motor market after RSA withdrawal
Large insurers have remained staunch in maintaining their presence in the personal lines broker motor market after RSA announced on 12 August it is to fully withdraw from the channel.
Blanc claims Axa is unrecognisable from past and defends business merger
Significant improvements at Axa in the UK over the past five years mean the insurer is in a very different place ahead of the planned merger of its commercial and personal lines business, according to CEO Amanda Blanc.
Axa reveals structure of new combined UK GI operation
The new Axa Insurance is to be split into four business units following the reorganisation of the insurer's UK general insurance activities which will take effect on 1 January 2016.
Win England vs Ireland rugby tickets by completing the Post quiz
For your chance to win a pair of tickets to the England vs Ireland 2015 QBE International at Twickenham on 5 September complete this week's Post news quiz.