Insurer
World Bank and Eiopa commit to developing insurance globally
The European Insurance and Occupational Pensions Authority has joined forces with the World Bank on an initiative to develop the insurance sector.
DAS ready for new legal world with three new ATE products
Legal expenses insurer DAS plans to launch three new after-the-event products in April in response to a raft of new legislation.
Aviva: We are not anti-network
Aviva is confident it will not lose out on any relationships with individual brokers after it breaks ties with Willis Networks, according to the insurer's director of broker distribution, Phil Bayles.
Allianz forecasts stable operating profit in 2013
Allianz chief executive Michael Diekmann said today the firm expects operating profit in the region of €9.2bn in 2013.
Brokers herald White appointment as making 'perfect sense'
Broking bosses have thrown their support behind newly appointed British Insurance Brokers’ Association chief executive Steve White, with many describing the selection as making “perfect sense”.
Hong Kong GI underwriting profit fell 36% in 2012
Last year the general insurance market in Hong Kong recorded a 13% growth in premiums over 2011, but a 36% fall in underwriting profitability.
Transport Select Committee seeks further whiplash feedback
The Transport Select Committee has responded to debate triggered by the Ministry of Justice’s whiplash consultation paper by calling for evidence on reducing the number and cost of whiplash claims.
QBE pulls plug on builder's indemnity cover in South Australia
QBE will stop offering builder's indemnity insurance in South Australia from 1 July as insolvencies rise.
Australia government report recommends no subsidies for property insurance
An Australian government advisory report will help protect communities from extreme weather says Insurance Council of Australia CEO Rob Whelan.
Willis Networks and Aviva confirm panel split
Willis and Aviva have mutually agreed that Aviva’s participation as an insurer panel member for Willis Networks will not be renewed upon expiry of the current agreement on 31 December.
Clements opens Dubai office
Clements Worldwide has launched an operation in Dubai, its first on-the-ground location in the MENA region.
Clements Worldwide launches Dubai operation
US insurer Clements Worldwide has followed the 2009 launch of its London office with an expansion in Dubai.
Your say: Brokers and insurers must work together
I was interested to read the lead story last week on Insurance Insight with a spotlight on Italy and its progress with e-commerce.
Generali Vienna's CEO to head Central and Eastern Europe
Generali has appointed Luciano Cirinà as new chief executive officer of GPH, its holding company for Central and Eastern Europe, following the buyout of its joint venture partner.
Insurance Europe airs concerns over Solvency II interim proposals
Trade body Insurance Europe has written to the European Insurance and Occupational Pensions Authority opposing the introduction of compulsory quantities reporting amid fears they may cause “unnecessary costs.”
Manchester City striker charged with uninsured driving
Manchester City striker Carlos Tevez has been charged with driving without insurance and while disqualified, Cheshire Police said in a statement.
Lloyds job cuts at odds with growth plans, warn unions
Lloyds Banking Group's strategic objective of building long-term stability and growth is being jeopardised by its willingness to sacrifice staff's job security in favour of casual employment contracts, according to trade union Unite.
Axa warns consumers of pitfalls of underinsurance
Axa is urging brokers to warn customers of the possible consequences of cutting back on insurance as they look for ways to reduce their spending.
Insurance jobs go at Lloyds Banking Group amid 550 redundancies
Lloyds Banking Group is cutting 550 jobs from its risk, insurance, commercial banking, retail and wealth, asset finance and international divisions.
Post magazine – 14 March 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Where is the diversity?
Nicky Burridge investigates why Hong Kong's insurers and brokers are suffering from a lack of differentiation when it comes to product offerings.
Motor fuels growth in Singapore
In 2012, profits from motor increased by 135% while overall gross written premiums grew over 5%.
Flood Risk: Pours for thought
The 2007 floods were a major UK weather event, costing the insurance industry billions. However, despite similarities, the 2012 floods caused much less damage. What is the reason behind the change?