Insurer
Budget 2014: pension shakeup to open the door for general insurance players
Insurers’ share prices plummet following Chancellor’s annuity vow.
Industry doubtful SRA minimum rating plan can boost solicitors’ PI market
Regulator finishes eight-week consultation on possible ‘B’ minimum.
Editor's Comment: Scrutinisers under the spotlight
Insurers have long been used to proving their worth and providing their stakeholders with a healthy return on investment, but this week this particular spotlight turned on their regulators.
FWD appoints industry veteran as CEO
New insurer FWD has appointed industry veteran Huynh Thanh Phong as CEO.
Government urged to introduce GDL 'without delay' by Scottish minister
Scottish transport minister Keith Brown has spoken out in favour of graduated driving licenses and called for the UK government to “take action without further delay”.
Penny Black’s Insurance Week - 27 March 2014
Penny was happily discussing sporting hobbies with US Risk UK boss Mike Lobb this week, when things took a turn for the sinister.
BIA Countdown: Young achievers look back: Q&A with Nichola Williams and Phil Cunningham
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to two past winners of the Young Achiever accolade.
Market moves - 27 March 2014
A round up of who has moved where in the market this week.
Legal Update - Duty of Care: Tree surgeon fall case dismissed in High Court in duty of care clarification
Nicholas Thorne examines a case that looked at the duty of care an occupier owes employees of contractors.
Infrastructure: Building for success
Plans for insurers to invest in infrastructure projects are being hampered by Solvency II.
Remote Piloted Aircraft: Game of Drones
With remote piloted aircraft systems – or drones – increasingly used commercially, what are the insurance risks involved?
Claims Awards 2014 shortlist revealed
Insurers Ageas and LV lead the way in nominations for the 2014 Claims Awards with six and five respectively.
In Series: Mid-corporate Risks: Taking the risk away
Risk management provides a welcome opportunity for brokers and insurers after years of recession – but they must provide a united front to take full advantage.
North of the Border: Fatal accident claim awards rise
In England, the Fatal Accidents Act 1976 allows the spouse of a deceased to recover a fixed amount, currently £12 980.
Trade Voice: Floods are a chance to prove ourselves
Joined-up thinking and a collaborative approach to assisting families and businesses affected by this winter’s floods has been a point of interest.
C-Suite – Insurer: Continually adapting K&R
With criminals devising ever more sophisticated ways to extort money from victims, kidnap and ransom insurance is continually having to adapt.
Personal injury lawyers disagree with MoJ stance on QOCS
Three quarters of personal injury law firms dispute the Ministry of Justice’s view that qualified one way costs shifting is an alternative to after the event insurance, according to a survey by law firm advisers O’Connors.
AIG UK trims COR to 84% as underwriting profit soars
AIG Europe chief executive Nicolas Aubert has heralded the “continued development” of the group’s UK business after it shaved 19 percentage points off its combined operating ratio to 84% last year.
Lloyds Banking Group accused of cutting PPI compensation
Lloyds Banking Group has been accused of cutting the level of compensation awarded to around 25% of payment protection insurance claimants.
Aviva sells Turkish GI business to PE consortium
Aviva has sold its Turkish general insurance business Aviva Sigorta A.Ş, to a private equity consortium led by EMF Capital Partners.
RSA launches £773m rights issue
RSA has launched a rights issue to raise £773m in proceeds - £748m net of expenses.
Zurich infographic: Managing modern construction challenges
The way in which work that is carried out in both the design and construction phases of a project is undergoing substantial change.
Regulators must prove value for money as costs hit £664m
The twin peaks regulatory system will need to demonstrate it is providing value for money after a National Audit Office report highlighted escalating running costs and concerns over staff capacity.
C-Suite: Preparing for ASEAN 2015
By the end of 2015, the ASEAN will be united in a common regional market, the ASEAN Economic Community. This will present great opportunities but countries need to be fully prepared.