Insurer
Lancashire sees 9M COR deteriorate but dividend still beats analyst expectations
Specialty insurer Lancashire saw its combined ratio deteriorate to to 74.5% for the first nine months of 2014, compared with 69.7% in the first three quarters of 2013.
ABI household premium tracker depicts stable home insurance market
The price of home insurance has remained stable over the last year despite rises in some average claim costs, according to the Association of British Insurers Average Quarterly Household Insurance Premium Tracker launched today.
Former Swinton CEO Halpin fined and banned from senior roles after adds-ons mis-selling
The Financial Conduct Authority has fined three former senior executives of Swinton Group £928,000.
Post magazine – 6 November 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Admiral signs data warehouse deal with Teradata to support transformation programme
Insurer Admiral has signed a deal with big data analytics and marketing applications specialist Teradata to support its business transformation programme.
Esure motor Q3 motor GWP down 9% after rate battles
Esure has reported a year-on-year 8.8% decrease in motor gross written premiums for Q3 as the insurer seeks to secure increased rates from policyholders.
Ageas profits down on 2013 despite improved Q3
A leap in Q3 profits has not proved enough to return Ageas' profits to 2013 levels, as the insurer continues to recover from substantial storm claims in the first quarter of the year.
EAIC 2014: Insurers should embrace social media in Asia
The use of social media is growing in Asia and insurers need to have strategies to engage with customers according to a panel at the East Asia Insurance Congress.
China becoming "more accessible" to foreign insurers, says Axco
Global insurance information provider Axco believes China is becoming more accessible to foreign insurers despite only having a 1.3% market share in 2013.
ABI clarifies rate tracking method after posting incongruous Q3 motor prices
ABI figures out of step with those produced by The AA and Towers Watson
Industry welcomes PRA survey on ‘real threat’ of climate change risk
Insurers lack understanding of climate change’s implications for investments
Insurers back insurance premium tax waiver for young telematics users
Report revives young driver debate amid claims it was ‘buried’
Experts reveal ‘significant’ links between insurance fraud and terrorism
Met commissioner says one-third of counter-terrorism policing is fraud-related
Editor's Comment: Is terror the fraud tipping point?
In August the UK’s terror threat level was raised from “substantial” to “severe”, the second highest of five levels, in response to conflicts in Iraq and Syria.
C-Suite: Insurer: Planning for the worst
The industry must stress to firms the importance of business interruption cover
Interview: Jon Walker: In at the deep end
Axa managing director for commercial intermediary Jon Walker reveals that a change programme and an e-trading review have ensured his first few months in the job have been ‘incredibly busy’
In Series: Not out of the PI woods yet
Although recent reforms have made a difference to problems plaguing the personal injury sector, insurers say they have not gone far enough. So what more can be done?
Mining: Peace of mined
Fraught with danger, the mining industry has seen many safety improvements following high-profile disasters in recent years – but how has this impacted those insuring the sector?
A recipe for tackling food fraud
What could the ‘eight pillars of food integrity’ mean for the insurance industry?
AIG reports 23% Q3 group post-tax profit leap
AIG's property casualty division has recorded a combined operating ratio of 102% in the third quarter of 2014 alongside a divisional pre-tax operating income of $1.1bn (£687m).
Market Moves - 6 November 2014
All the latest job moves in the insurance market.
Penny Speed Meets... Mike Ellis, managing director, Broker Network Underwriting
Penny meets Broker Network Underwriting's managing director, Mike Ellis
Penny Black’s Insurance Week - 6 November
Penny has often heard of a new boss bringing in their own quirks or rules when they are installed.
Former Brightside director Freer joins Strategic Insurance Services
Christian Freer has joined niche insurer Strategic Insurance Services as its first commercial director to develop and lead product distribution in the motor arena.