Insurer
Zenith hails improved efficiency after deploying SAS analytics tool
Markerstudy-owned Zenith Insurance has hailed its improved reporting and analytical capabilities following the deployment of technology from business analytics firm SAS.
Cost of countryside crime up 5% in 2013
Levels of rural crime increased last year according to figures from NFU Mutual, which estimated the total cost rising 5% to £44.5m.
Cypriot insurers still suffering following bank bail-outs
The Cypriot insurance market has failed to rebound following the financial crisis despite the bail-out of both of the country’s major banks, according to a report published by Axco Insurance Information Services.
Norfolk businessman found guilty of intent to defraud Allianz of £2m
A business owner has been found guilty of burning down his Norfolk bathroom and kitchen showroom two years ago in an attempt to claim more than £2m from Allianz.
Charles Taylor's Linton takes on Lloyd's and London remit at Capita
Capita Insurance Services has appointed Charles Taylor Insurance Services’ Shaun Linton as business development manager.
NOAA raises likelihood of ‘below average’ hurricane season
The prospects of a below average Atlantic hurricane season have been increased in the latest forecasts from the US National Oceanic and Atmospheric Administration.
Zurich expands disaster recovery to all UK SME customers
Zurich has expanded its offering of disaster recovery services beyond the mid-market corporate sector to include all UK SME clients.
UK General inks Policyfast caravan deal
Specialist insurer UK General has agreed a sixth caravan owners’ scheme, through a deal with wholesale underwriting agency Policyfast.
Gable partners with Berkshire in reinsurance deal
Liechtenstein-based insurer Gable has completed a deal that will see Berkshire Hathaway-owned Gen Re become a reinsurance partner.
Zurich appoints Smith as Malaysia CEO
Zurich has appointed Philip Smith to the position of chief executive of Zurich Insurance Malaysia.
Allianz recovers from weather dent as it hails 46th quarter of profitable growth
Allianz Insurance chief executive officer Jon Dye said the firm was ‘very close’ to where it hoped to be at the half-year stage, after it reported its 46th consecutive quarter of profitable growth.
IFB assists on 1000 fraud arrests
Police have this morning made the 1000th arrest as a result of result of information and support provided by the Insurance Fraud Bureau.
Blog: Getting SMART about car repairs
The increasing popularity of SMART repairs means effective regulation will be key, says Revive's Mark LLewellyn
Whiplash medical fee cap ‘credit positive’ says Moody’s
Plans to limit the cost of medical reports are credit positive for UK motor insurers according to rating agency Moody’s, in spite of the expectation that such moves will also further lower premiums.
Allianz H1 profits down £20m on weather losses
Allianz has notched dipping pre-tax profits for the first half of 2014 as it seeks to recover from severe weather losses in Q1.
Video: Allianz Commercial general manager Simon McGinn (Part Two)
In the second of two videos Allianz Commercial general manager, Simon McGinn discusses how his business plans to connect with brokers to help it achieve its objectives, and what concerns he has over renewed levels of consolidation among intermediaries.
Markel underwriting results hit by 'unfavourable' asbestos and environmental developments
Markel has reported H1 performance hit by $27.2m (£16.2m) of adverse development on asbestos and environmental exposures
Catlin's profits climb 118% in first half
Catlin recorded profit before tax of $318m in the first half of 2014.
Zurich UK off-sets £35m Q1 flood losses as attritional loss ratio improves
Zurich UK general insurance interim chief executive Dave Smith has heralded an improved attritional loss ratio as an instrument of off-setting £60m of flood losses and long-tail liability costs incurred in the first half of the year.
CNA Europe names Hardy boss Brosnan as CEO
Hardy chief executive Dave Brosnan has been promoted to a new role as CEO of CNA Europe, replacing John Hennessy.
RSA plays down redundancy speculation
RSA commercial managing director John Hancock downplayed suggestions of large scale job cuts at the insurer, despite news that it plans to cut 19% of its UK expense base.
Aviva eying turnaround on UK NWP
Aviva is seeking to reverse the shrinkage of its UK general insurance book after reporting tumbling net written premiums for the second successive quarter.
Video: Allianz Commercial general manager Simon McGinn (Part One)
In the first of two videos Allianz Commercial general manager, Simon McGinn discusses his businesses five year plan to be the largest insurer in its chosen market.
SRA's minimum terms change in doubt after LSB delays approval decision
The Solicitors Regulation Authority’s plan to cut the mandatory professional indemnity limit for solicitors in time for the October renewal season looks in doubt after the Legal Services Board extended the time-frame for making a decision on the change.