Insurer
Post magazine - 1 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Caribbean cat risk report issued on Sandy
The Caribbean Catastrophe Risk Insurance Facility has issued a risk report after two of its members, Jamaica and the Bahamas, were hit by tropical cyclone Sandy.
GC develops industrial park database after Thailand losses
Guy Carpenter has developed a database of industrial estates in China, Taiwan, Thailand and Indonesia to help clients identify and evaluate potential risks in the region.
Hill Dickinson warns on non-claiming frauds
Data from unpursued claims should be better used to combat future fraud, according to commercial law firm Hill Dickinson.
Aviva and Gallagher strengthen ties
A new commercial arrangement between Aviva and Gallagher Heath for standard and non-standard household products is expected to generate more than £200m in gross written premium over a three-year period.
Haste appointed Lloyd's deputy chairman
Former RSA chief executive Andy Haste has been unveiled as Lloyd's' new deputy chairman for a three-year term from 1 November.
Aviva engineering team joins Fusion
A team of senior engineering underwriters and development professionals has left Aviva to join Towergate-owned Fusion Insurance Services.
Xuber targets bigger US market share following latest appointment
Xchanging's re-launched insurance software business Xuber has appointed Michael Kulp as vice president of sales, where he will join the recently expanded US sales team amid plans to increase the firm's share of the American market.
Howden poaches Paragon International claims director Owens
Howden Insurance Brokers has appointed former Paragon International claims director Martin Owens as claims director for the firm's financial institutions and international casualty divisions.
APC to take plunge into specialist motor underwriting market
APC is preparing to move into the specialist motor underwriting market with the launch of a public hire taxi product early next month.
"Largest Atlantic hurricane on record" could bring losses of up to $15bn, warns AIR
Insured losses from Sandy to onshore properties in the US will be between $7bn and $15bn, AIR Worldwide has estimated.
Coface appoint Bourgeois to replace outgoing MD
Credit insurer Coface has found a replacement for UK & Ireland MD Xavier Denecker in the shape of Frédéric Borgeois, group finance and reinsurance director.
Storms and strikes among biggest concerns for insurers
Catastrophic acts of violence, mining strike contagion, unexpected 'perfect storms' and a nation paralysed by cyber terrorism are among the biggest risks facing the insurance industry, according to Willis Group.
Sandy heading for Pennsylvania and Canada
After making landfall on the east coast on Monday night, post-tropical cyclone Sandy is forecast to head towards Canada via Pennsylvania and New York State.
Law firm warns of Sandy coverage gaps
Insurers may struggle to define causes of damage following Sandy's landfall in New York, while the duration of the storm could limit reinsurance cover.
Zurich to re-launch HNW travel product before end of the year
Zurich has revealed plans to re-launch its high net worth travel insurance product, in a move which coincides with the 10-year anniversary of the firm's Zurich Private Clients HNW business.
Bluefin expands commercial division
Bluefin Insurance Services has appointed Simon Hoare as executive director.
Higos criticises "ludicrous" gender directive
Higos Insurance Services has branded the EU gender directive as "ludicrous", arguing that it will penalise women drivers when it comes into force on 21 December.
Allianz and Covéa to appeal against RSA subrogration ruling
Allianz and Covéa have lodged an application to appeal against the High Court's judgement in favour of RSA's motor subrogation costs model.
Ace hires Zotti to develop Italian consumer lines
Ace Group has recruited Renato Zotti as director of accident and health, life and travel in Italy as the firm continues to invest in consumer lines insurance propositions for the Italian market.
UK General hires former Zurich man for niche motor role
UK General Insurance has appointed Martin Kennedy, pictured, to a new role developing niche motor products.
Regulation of claims management tops agenda
Tomorrow's meeting of the All Party Group on Insurance & Financial Services will tackle some of the most pressing issues in the filed of claims management
Chinese P&C premiums up almost 15% in first nine months of 2012
China's insurance premiums hit ¥1.21tn (£118bn) in the first nine months of the year, up 7.3% from the same period last year, according to the China Insurance Regulatory Commission.
Primary insurers to bear brunt of Sandy, says Fitch
Losses related to Hurricane Sandy will be largely borne by primary insurers, according to Fitch Ratings.