Insurer
Allianz confirms missing plane payment
Allianz has confirmed that it has made payments to Malaysia Airlines over missing flight MH370.
Fitch predicts pressure on Flood Re due to public funds uncertainty
Uncertainty around UK government spending on flood defences could lead to Flood Re facing higher-than-expected claims in the future, according to Fitch Ratings.
Prettejohn linked with Lloyds Bank non-exec seat
Nick Prettejohn is to be named a non-executive at Lloyds Banking Group according to a report from the Financial Times.
Aviva contents claimants offered Amazon gift certificates
Aviva is talking up the benefits of a partnership with Amazon that enables the insurer to provide gift certificates to policyholders who have lodged contents claims within 90 seconds via text or email.
AGCS elevates Mack to chief claims officer
Alexander Mack has been appointed to the newly created chief claims officer role on the Allianz Global Corporate and Specialty management board.
Missing Malaysian plane unlikely to affect rates in aviation market
Fate of Malaysia Airlines flight MH370 unknown after disappearing on 8 March.
Editor's comment: Joining forces to finish the race
Brokers and insurers could be described as having a love-hate relationship – like Roadrunner and Wile E Coyote.
Brokers warned to scrutinise TOBAs ahead of new employers’ liability rules
Insurers could pass on fines to firms failing to obtain employee reference numbers.
Soft rates stall motor insurance IPOs after Esure falters
SNL Financial says ‘no bottom in sight’ for motor pricing.
Asia pet insurance market offers huge opportunity
The number of households in China and South-East Asia that have pets is soaring, offering significant opportunities for insurers to provide pet policies writes Nicky Burridge.
Singapore's GI business worth S3.5bn in 2013
Total general insurance gross written premiums in Singapore were S$3.5bn ($2.77bn) last year up 5.4% over 2012 according to the General Insurance Association of Singapore.
Suncorp raises concerns over IAG's Lumley acquisition
Australian financial group Suncorp which owns general insurer Vero in New Zealand has serious concerns about IAG's potential acquisition of Lumley in the country.
Post magazine – 20 March 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Flood Re changes 'arbitrary' claims BPF
Changes to include blocks of three or fewer flats into Flood Re are “arbitrary” and “difficult to understand” according to the British Property Federation.
Halo launches French retail site
Halo Insurance Services has launched a retail site in France selling excess car hire insurance direct to the customer.
Allianz agrees to pay missing plane claim
Allianz has agreed to pay the hull and liability claim for Malaysia Airlines flight MH370, despite ongoing uncertainty about the fate of the aircraft along with its passengers and crew, Post understands.
Cyber Crime: Hack attack
As the demand for cyber insurance products grows, insurers are being required to service the market as well as protect their own businesses from cyber attacks.
Career development: BHSF retains community gong at Midlands Business Awards
Health insurer BHSF has been handed an award for corporate commitment to its community for the second year running.
Career development: BIA young achiever White handed expanded Allianz engineering role
The winner of 2013's British Insurance Award for young achiever of the year has been handed a new role as engineering underwriting account manager at Allianz.
Your Say: Using our weaknesses
Nobody following the Financial Conduct Authority’s review of add‑ons would have needed to cross the proverbial gypsy’s palm with silver to gain prior knowledge of the nature and scope of the proposed remedies.
Interview: Jason Harris: Harris knows the drill
XL’s Jason Harris started his career on the oil rigs of the North Sea before moving into insurance via risk management. He explains the wide scope of his current role and the challenges facing the property and casualty market.
Penny Black's Insurance Week - 20 March 2014
Penny doesn’t appreciate being told where to devour a lunch of cucumber finger sandwiches, so it’s just as well she doesn’t work at the Bank of England.
C-Suite - Insurer: A pat on the back for claims teams
The insurance industry should be proud of its handling of the UK’s wettest winter on record.
Market Moves - 20 March 2014
Who has moved where in the insurance industry this week.