Insurer
Post magazine – 2 October 2014
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JLT appoints AIG veteran to board
Jardine Lloyd Thompson Group has appointed Nicholas Walsh as non-executive director.
Axa partners with Experian on commercial risks data enrichment
Axa Commerical Lines and Personal Intermediary has partnered with Experian to introduce data enrichment for commercial risks.
DfT tipped to focus on telematics in announcement on young driver safety
Government thought to have sought reports from three telematics providers
UK firms warned over capitalising on Russian insurers’ exit from Ukraine
Conflict in the region tipped to push Ukrainian business westward
Solvency II and shareholder pressure to blame for international business sales
DLG’s sale of Italian and German businesses follows similar deals by other firms
CMA private motor market report: Mooted ‘wide’ MFN clause ban could offset rate rises resulting from CMA inaction
Authority’s decision not to intervene on credit hire costs ‘a bitter pill to swallow’
CMA private motor market report: GTA demise ‘only a matter of time’ after CMA fails to find credit hire cost remedy
Only hope for industry-wide change could be ‘shaming’ others into it
Editor's comment: A bitter pill to swallow
While some things are well worth waiting for, others – as the Competition and Markets Authority’s final report into the private motor market demonstrated this week – really are not.
Lloyds Banking Group brings home insurance underwriting in-house
Lloyds Banking Group has become sole underwriter of all its home insurance policies after exiting its existing panel.
Career development: O’Sullivan takes Insurance Charities reins
Adrienne O'Sullivan, chief executive of DAS Legal Expenses in Ireland, has been appointed president of The Insurance Charities.
Market Moves - 2 October 2014
All the latest job moves in the insurance market.
BMW renews Allianz Global Assistance warranty programme
BMW has signed a three year deal with Allianz Global Assistance in the UK to provide extended warranties to car owners.
Penny Black’s Insurance Week - 2 October
Penny loves to get a glimpse inside insurance chief executives’ offices – there’s nothing like seeing faded 1970s sports team photos as a hark back to one’s glory days.
Covéa boosts southern presence with Towergate and NIG hires
Covéa Insurance has hired Towergate’s Martin Rees to head up broker development in the South West and Wales and NIG’s Jonny Gilmore to develop the regional commercial account.
Insurance Bill: Providing information
The incoming Insurance Bill changes the duty of disclosure by an insured to one of fair presentation. What does this mean for insurers?
Q&A - Aviation: Turbulent times
In an unprecedented year of aerospace disasters, Post asks the experts how they expect recent tragedies to impact the aviation sector’s insurance policy renewals
Interview: Mike Brown: Taking a moment
As senior partner at BLM, Mike Brown is overseeing his firm through a period of incredible change for the legal sector – although some of the changes don’t sit too comfortably with him
Singapore's potential as an insurance hub
Helen McClure finds out about the ambitions of the Singapore government in making the country an insurance hub.
RSA appoints Cotton as real estate director
RSA has appointed Rachel Cotton as real estate director for its risk managed business.
Saga sees pre-tax profits drop as group hit by £50m IPO costs
Pre-tax profit at Saga dropped by £60m in the six months to 31 July 2014 with IPO costs totalling £50.8m.
C-Suite - Insurer: The value of investments
Unpredictable returns must be a driver for increased motor prices
Global Aerospace director appointed IIL president
Global Aerospace director Stephen Riley has been appointed president of the Insurance Institute of London for 2014/15.
$8.13bn of capital required for Indian insurers, says regulator
The chairman of India's insurance regulator has called for a capital increase of 500bn rupees ($8.13bn) into the sector.