Insurer
Law Society warns unrated insurers are 'unknown quantity'
Solicitors have been warned to check the financial strength of an insurer and its ability to pay claims before purchasing their next professional indemnity insurance policy.
Ace boss Greenberg hails "growing presence" in Asia and Europe
Ace has reported a 76% increase in net income to $2.71bn (£1.72bn) in 2012 compared to the previous year (2011: $1.54bn).
Challenges and opportunities abound in 2013
Against the backdrop of a challenging economic climate and continued uncertainty over both the timescales for implementation of European regulation and varied national approaches to the adoption of it, European insurers face a number of critical…
Like the drugs trade, Cybercrime is not just a US issue
Last year, according to the Norton Cybercrime Report, global cybercrime cost an estimated $388bn. That's $100bn more than the cost of the global black market for marijuana, cocaine and heroin combined. And just like the world's drugs trade, cybercrime is…
Post magazine - 31 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Axa Wealth to cut 30 roles in sales reshuffle
Axa's pensions and investments subsidiary is to cut 30 roles from its sales staff.
Don’t use 7-Elevens to find your way around Hong Kong
Whatever you do, don’t use 7-Elevens as a point of reference when guiding yourself around Hong Kong. There are about seventeen on every street.
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
Ace reports 76% rise in net income
Ace has reported a 76% increase in net income to $2.71bn (£1.72bn) in 2012 compared to the previous year (2011: $1.54bn).
Loss adjuster launches live video reporting for surveyors
Northampton based loss adjuster SSL Claims has unveiled a new video capability for surveyors to stream claims visits online.
IFB hands head of operations Fletcher director role
The Insurance Fraud Bureau has appointed head of operations Ben Fletcher as director, with a remit to expand the bureau’s counter-fraud services.
AA predicts 2013 rise in home cover pricing
The AA has said that there has been little movement in home insurance pricing, but added that flooding and further extreme weather will likely see prices rise.
Half of insurers doubt effectiveness of social media marketing
Marketers in the insurance sector could inadvertently turn customers off by irritating them with their online behavior, according to a new study.
Delta Lloyd sounds warning note on regulation
Regulatory changes could threaten the economic recovery in the Netherlands, the chairman of Dutch insurer Delta Lloyd said yesterday.
Average motor premiums down, says AA
The average motor insurance premiums fell be almost 3% over the final three months of 2012 according to the AA.
Singapore consults industry on risk management guidelines
The Monetary Authority of Singapore has outlined enterprise risk management guidelines for the insurance industry as it works towards an end of year deadline.
Top 5 Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Firm launches social media compliance tool for insurers
Many insurers are shying away from social media due to compliance fears, according to information capture and content management provider Integritie.
Pan-European insurance contract law a 'logistical minefield'
The principles behind a pan-European insurance contract law are sound, but any attempt to implement such a framework would be a logistical minefield, according to industry insiders.
Lyons Davidson rules out Admiral sale
Admiral is in negotiations over a non-exclusive collaboration with law firm Lyons Davidson, Post understands.
Top five European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Jubilee salutes regulators’ PPI guidance
RSG-owned Lloyd’s managing agent Jubilee has welcomed “badly needed” guidance from the Financial Services Authority and the Office of Fair Trading.
3i rumoured to be planning sale of Hyperion stake
Private equity firm 3i has refused to comment on fresh speculation that it is ready to sell its 23% stake in Hyperion.
LGTA could spell further delays for Solvency II
Trade body Insurance Europe has welcomed the launch by the European Insurance and Occupational Pensions Authority of an assessment to find the most appropriate treatment of long-term guarantees under Solvency II.