Insurer
Editor's comment: A taxing sting in the tail
As Benjamin Franklin said, only two things in life are certain: death and taxes. But the latest tax decision to come from the European Court of Justice has a particularly nasty sting in the tail for the UK insurance industry.
Hull market records 18th annual loss as marine premiums fell 1.7%
Global marine premiums fell by 1.7% last year, dropping from $34.8bn (£21.3bn) in 2012 to $34.2bn according to the latest statistics released by the International Union of Marine Insurance at its 2014 annual conference in Hong Kong.
Attention turns to devolution impact after Scotland rejects independence
Referendum outcome pleases insurers as devolution discussions begin
Industry seeks aggregator assistance in fight against application fraud
ABI figures reveal 180 000 dishonest motor insurance submissions in 2013
Top 100 UK Insurers: Social media: Social whirl
Love it or hate it, you can’t afford to ignore social media as a marketing tool
Top 100 UK Insurers: Brand analysis: Ups and downs
Despite positive results for some, the value of many UK insurance brands has been hit by geopolitical risk, loss of faith and reputational issues
Top 100 UK Insurers: AM Best Commentary: The lie of the land
Falling rates and low returns on investment continue to dog insurers, while the impact of regulation is being felt across the sector
C-Suite – Insurer: Still scope to improve
The pressure is on for insurers to innovate and adapt to provide a relevant service to customers
Comment: Spontaneously combusting hay bales
The summer harvest period is a busy time of year for farmers – and consequently a busy time for the agriculture segment of the commerical lines market. Peter Thompson, divisional director at McLarens company Agrical, explains some of typical challenges…
C-Suite – Insurer: How to build a career
Supporting the development of professional skills is crucial to the long-term health of the industry
Marine: On an even keel
Having weathered the recession, the marine insurance industry looks to be heading into calmer waters. What are the next challenges and opportunities in store for the sector?
Claims Leakage: Tackling claims leakage
Natural disasters can test claims management systems to the limit, posing significant challenges to insurers
Legal Update: Application of QOCS to Part 20 claims
A personal injury claim over a skiing accident was heard at the Court of Appeal and has clarified issues around qualified one-way costs shifting. Nicholas Thorne explains the ruling.
Penny Speed Meets... Matt Field, sales & marketing director, ALPS
Penny meets ALPS's sales & marketing director Matt Field
Penny Black’s Insurance Week - 25 September
Penny went back to the 1960s at one event last week, where she was shown an employment guidebook from the Chartered Insurance Institute dating back 45 years.
Top 100 UK Insurers 2013: Top 20 insurer profiles
A detailed look at the top 20 UK insurance firms according to AM Best's Top 100 UK Insurers Table, including board members, broker agencies, staff and UK reserves. For full table and map of regional offices see bottom of page.
Top 100 UK Insurers: Roundtable: Women in Insurance: The gender debate
An illustrious group of women discuss the huge strides the industry has made on gender issues and the obstacles that still remain
Career development: Cunningham Lindsey gains chartered accountancy approvals
Loss adjuster Cunningham Lindsey has been handed approval to train chartered accountants from this month.
Top 100 UK Insurers: Interview: Jacqueline McNamee: A people person
AIG’s UK managing director Jacqueline McNamee is focusing on staff engagement to deliver the big ideas that will ensure the company’s continued success
Market Moves - 25 September 2014
All the latest job moves in the insurance market.
Ecclesiastical secures new premesis as it plans London headcount growth
Church and Heritage specialist Ecclesiastical is moving to new premises in the heart of the city as it looks to grow its London headcount over the coming years.
AA posts reduced profit in first results since IPO
AA posted a 1.6% increase in revenue from £484.1m to £491.7m in its maiden half year results following its initial public offering in June.
Nationwide, Hiscox and LV top Fairer Finance rankings
The latest rankings from consumer campaign group Fairer Finance have handed top places for Car, home and travel insurance providers to Nationwide, Hiscox and LV, respectively.
ABI research shows insurers paid £32.1bn in claims last year
The amount paid out by UK general insurers on claims last year increased by £1.5bn on the 2012 figure of £30.6bn, according to the Association of British Insurers' UK insurance key facts 2014 research.