Insurer
More pain predicted for motor market as regulation rears its head
Listed insurers Esure, Admiral and Direct Line Group are expected to fare better than most as the motor market enters the toughest part of the underwriting cycle, according to a note published by Berenberg.
BP Marsh acquires 5% stake in Nexus Underwriting for £1.55m
Niche capital venture provider BP Marsh & Partners has snapped up a 5% shareholding in managing general agent Nexus Underwriting Management for £1.55m.
China's State Council encourages insurance reforms
China's State Council is attempting to help modernise the Chinese insurance industry so it has a greater role in society.
Fike leaves Cigna to head Zurich's Malaysia GI team
David Fike, former CEO and general manager in Turkey of a Cigna joint venture with Finansbank, has become president of Zurich's Malaysia general insurance team.
Catlin moves McMellin from US to lead London underwriting hub
Catlin US underwriting hub chief executive Andrew McMellin is to return to the UK to take on the same role for the insurer's London division.
Insurers behind banks on mobile offerings
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
C-Suite: Insure Asia to secure future growth
With Asia becoming more of a key player on the global financial stage, Ageas CEO Bart de Smet asks how insurers can make the most of the opportunities
Aviva partners with Intana on travel claims services
Aviva has partnered with Collinson Group's claims division Intana for travel claims and assistance services.
Men and women equally safe drivers say 49%
Just under half of Britons view male and female drivers as equally safe according to a survey from Sheila’s Wheels.
Aviva recruits from Progressive for global analytics boss
Aviva has recruited Progressive’s vice president of big data to helm its own analytics operations.
The risks of China's health premium potential
The Chinese health insurance market is growing strongly as consumers turn to the private sector to fill in the gaps left by inadequate government schemes. Nicky Burridge investigates the barriers of entry for foreign insurers.
Brit IPO cost in line with expectations, claims Cloutier
Brit group chief executive Mark Cloutier has conceded he was not happy with the £14m cost of launching the firm's initial public offering, despite the figure being in line with expectations.
Insurance business crucial to future growth at the AA, claims Connor
AA Insurance Services managing director Janet Connor believes her recent appointment serves to highlight the growing emphasis the AA places on insurance.
Blog: Telematics update
How does the UK telematics market compare with markets in other parts of the globe? Sarah Wenham explains
Engelhardt hits out at ‘bizarre’ reserve release focus
Admiral group chief executive Henry Engelhardt has labelled concerns on the role of reserve releases in the insurer’s UK motor profitability as “bizarre”.
Policy application poll 'encouraging' for Zurich as consumers opt for truth
Zurich has been encouraged by the results of a survey that found 87% of adults polled would not be prepared to lie in an attempt to save money on an insurance policy.
Post Intelligence Docu-Video: How can the industry tackle application fraud?
While claims fraud continues to grab the most headlines, insurers and brokers are now focusing as much attention on fraud at the point of quote.
IFB cheatline heading for record year of public fraud reports
The Insurance Fraud Bureau’s cheatline is on course to eclipse the record number of reports it received from members of the public in 2013.
Admiral’s Chidwick hands CFO remit to deputy
Admiral group chief financial officer Kevin Chidwick is to hand his role to his deputy Geraint Jones in a bid to focus more on the insurer’s US business.
ABI 'disappointed' with L&G's decision to resign its membership
The Association of British Insurers has moved to underline the benefits of ABI membership after expressing disappointment at Legal & General’s decision to resign from the trade body.
Brit profits hit by IPO costs
The costs of floating on the London Stock Exchange have seen Brit’s profits tumble 18% in the first half of 2014.
Admiral UK motor profits up 8% on boosted reserve releases
Admiral’s UK motor business has seen profits increase 8% following £73m of reserve releases in the first half of 2014.
AIG promotes Kian Tiong Lim in Taiwan
AIG has appointed Kian Tiong Lim, head of consumer Taiwan, as country manager of AIG Taiwan.