Insurer
Thatcham urges government to back AEB scheme
Industry-funded research centre Thatcham is seeking government backing for a scheme to encourage motorists to buy cars with auto-emergency braking systems.
New data indicates Flight MH370 went down in Indian Ocean
New evidence has led officials investigating the disappearance of Malaysia Airlines flight MH370 to conclude that the plane crashed into the Indian ocean leaving no survivors.
Draper rejoins Chubb for casualty role
Chubb has appointed Dave Draper as its casualty manager for the UK and Ireland.
Allianz position on missing plane policy clarified as lead reinsurer
Allianz is the lead reinsurer on the hull and liability cover for Malaysia Airlines, rather than the lead insurer as previously reported, according to market sources.
Coface CEO eyes imminent IPO following 'good' 2013 results
Coface chief executive Jeam-Marc Pillu has turned his attention to launching an initial public offering in the first half of the year after achieving “strong” commercial growth in 2013.
RSA prepares to launch £775m rights issue
RSA is set to launch a £775m rights issue this week according to reports.
Ace hires Westwood for Birmingham role
Ace Group has appointed Matt Westwood as business development manager for Birmingham and the East Midlands.
Document fraud uncovered amid industry response to floods
Opportunistic fraudsters have been taking advantage of widespread flooding by lodging bogus commercial property and household claims, according to the Absolute Partnership.
TT Club builds UAE footprint
Freight transport insurer TT Club is expanding its presence in Dubai to support the club’s existing claims team in the United Arab Emirates.
Claims Conference Asia: 'Asia reclaiming its rightful place in history'
Duncan Howorth, JLT CEO, Asia, struck an optimistic note when talking about the rise of Asia at last week's Claims Conference Asia, but warned more sophisticated risk management will be needed.
Ace rejigs financial lines team in Asia-Pacific
International insurer Ace has made several changes to its financial lines team in the Asia-Pacific region.
Mediation - Time for a Rethink?
How would you rate your last experience of mediation? Did both sides settle the dispute all smiles and within half a day? Or was the reality a little less rosy than that?
Aerospace players to receive IPT exemption
Aerospace insurers received a boost in Wednesday’s budget after Chancellor George Osborne said the government would exempt certain space risks from insurance premium tax.
UK General boss pessimistic on commercial rate rises amid renewals
UK General commercial managing director Mike Keating is eyeing “pockets of business” where rate rises can be achieved, but offered a pessimistic outlook on the state of the wider commercial market.
DLG's Geddes nets £2.4m total remuneration
Direct Line Group chief executive Paul Geddes saw a 27% increase in the value of his pay package in 2013.
AIG enhances personal accident & business travel cover
AIG launched an enhanced version of its Lifeline Plus group personal accident & business travel cover, which includes extended policy wording and a mobile app that provides travelers with direct access to assistance and advice at any time, wherever they…
Low end HNW homeowners hit with steepest premium increases
The lower end of the high net worth market was hit with the biggest percentage increases in 2013 according to private client broker Castleacre’s high net worth property index.
Canopius reports record £99m post-tax profit
Canopius has reported a 25% increase in gross written premiums and an improved combined ratio as it ended its 10th year of operation.
Russian insurer reportedly axing Ukraine riot covers
Russian insurer Ingosstrakh has reportedly reduced operations of its Ukrainian subsidiary Ingo Ukraine in the face of ongoing political instability.
Junction extends Post Office partnership
BGL's partnership and affinity business Junction has completed a deal to extend the length and breadth of its work with the Post Office.
Daley handed Plum board role
Plum's head of underwriting and claims has been handed a new role as board director.
Video - Octo Telematics: Telematics - an attractive proposition
According to research from the British Insurance Brokers’ Association, the number of live telematics policies increased by 116 000 between 2012 and 2013. While the number of telematics providers also increased from 10 in 2012 to 15 in 2013.
Russia: Aviation and space insurance
The Russian Association of Aviation and Space Insurers hosted its fifth international conference on aviation and space insurance in Russia in Moscow on 27 February.
Motorists 'too trusting' of their cars
Drivers have too much faith in their vehicle's ability to deal with floods and bad weather according to Be Wiser insurance.