Insurer
UK court confirms 9/11 was double reinsurance event
The Commercial Court's move to uphold an earlier legal decision that the 9/11 World Trade Center attacks arose out of two events rather than one is "of considerable interest to the insurance and reinsurance market", according to law firm Herbert Smith…
Blog: Has Biba found its valentine in Steve White?
It is now four months since Eric Galbraith announced his intention to leave the British Insurance Brokers’ Association, leading to fevered speculation about his successor.
Capita hires five tech managers in Gloucester
Capita Insurance Services has appointed five technical managers responsible for day-to-day interaction with clients.
Libyan revolution anniversary violence likely
The 15 February anniversary of the Libyan revolution will raise the risk of violent protests, according to Exclusive Analysis.
Zurich UK GI operating profit slides 46%
Zurich has blamed a major increase in large commercial losses and pension charges on a 46% slump in business operating profit to £85.3m in its UK general insurance operation in 2012.
Catlin full-year results “a mixed bag”
Specialty insurer Catlin’s results for the calendar year of 2012 represented a “mixed bag” according to Shore Capital Eamonn Flanagan.
Zurich GI profit falls after Sandy and German 'system error'
Operating profit in Zurich's general insurance business dropped by $150m to $2.1bn year-on-year in 2012 after above average catastrophe and weather-related losses offset gains made through tighter underwriting discipline and expense management.
R&Q MGA launches Lloyd’s yacht consortium
Randall & Quilter’s multi-line underwriting agency, R&Q MGA, has created a dedicated Lloyd’s consortium to provide yacht and small vessel cover, globally.
Zurich GI profit falls in 2012
Zurich blames weather losses for fall in profitability, but saw increase in premiums and is confident German reserving problem was a one-off.
The attractions of Hong Kong
Hong Kong's attractions as an insurance base were highlighted in December when new reinsurer Peak Re chose to launch in the city, writes Nicky Burridge.
Insurance CEOs upbeat about Asia and the Middle East, says PWC
The majority of insurance CEOs think their businesses are going to grow over the next few years according to PWC 16th annual global CEO survey.
Career file: Simon McGinn: McGinn to replace long-serving Hanks
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz from 1 July.
Ecclesiastical and Quadra in dual branding strategy
Quadra Claims Services director Dave Greenwood has confirmed the firm will retain its independence despite strengthening its links with insurer Ecclesiastical.
Editor's comment: A glimmer of romance
So, it’s St Valentine’s Day — the dinner is in the oven, the bubbly is on ice, the flowers are in water and love is in the air... or is it?
Multimillion pound supermarket horsemeat scandal bypasses insurers
Insurers are awaiting test results on food products as many of the UK’s largest supermarkets continue to recall beef products found to contain horsemeat.
Brokers bemoan electronic claims systems as service satisfaction declines
Brokers have blamed an over-reliance on electronic systems for a decline in London market insurers’ claims standards.
View from the top: Fighting our corner
The industry must draw more attention to its positive achievements in light of bad press, says Andy Watson, chief executive, Ageas UK.
Aviva calls for third-party ban in motor claims process
Aviva has launched a fresh attack on personal injury law firms, which it accuses of adding £1.5bn – or £118 per motor premium – in unnecessary costs to the motor insurance claims process.
Your Say: Some welcome clarity
In response to the recent series exploring the role of outsourcing in the insurance industry, I wished to congratulate Sam Barrett for providing an excellent insight into what can be a very complicated and at times, perplexing subject.
Penny Black's insurance week
Being the sociable type, Penny loves London – the nightlife, the landmarks, the Queen and so on.
Cyber Liability: Dangerous territory
As demonstrated by several Twitter-related defamation cases in 2012, unfiltered user-generated content means social media can be a libel minefield. How is the insurance industry responding to the ever-evolving risk?
Website review: Slow response bytes into Zurich performance
Availability was good, but not as good as most of its competitors, says compuware firm Gomez.
Ask the expert: Recruitment direct
We’ve been recruiting directly for some time and I have seen a number of candidates at first interview that looked great on paper but lacked the ‘true fit’ to warrant progression to the next stage. Where are all the good applicants?
Your say: Argent remains unchanged
I would like to clarify a reference towards the bottom of your story, under the sub-heading of ‘Argent set for rebrand’. You suggest that the Argent Liability Adjusters and Argent Property Adjusters brands are to be grouped under a new Parabis Claims…