Insurer
IMD2 - a level playing field?
Legislative proposals released this month by the European Commission for the Insurance Mediation Directive have met with mixed reviews. Victor Fornasier asks whether they will finally create a level playing field.
European Union liability trends raise 'supra-national' challenges
UK Prime Minister David Cameron has hinted that he wants to rein in Europe's legislative power. Ralph Savage looks at the effects it is having on European insurers.
Risk from traditional reinsurance not systemic, IAIS says
Traditional reinsurance is unlikely to cause, or amplify, systemic risk, according to the International Association of Insurance Supervisors.
Asian enterprise risk management gathering steam
The Asia insurance sector lags behind Western markets in terms of enterprise risk management. Nicky Burridge investigates the issues bringing the matter to the top of the agenda.
Management merry-go-round at Hiscox leaves CEO 'excited'
Hiscox has completed a string of senior appointments, bringing on board Bob Thaker as head of UK claims, Penny Shaw as chief risk officer and Joanne Musselle as chief underwriting officer for UK and Ireland.
Capacity providers to enable Synergy product expansion
Synergy Insurance Services is expanding its product range having secured new capacity providers in the form of Ironshore Europe and Equity Red Star.
GWP for Chinese insurers up nearly 6% in H1
China's insurance companies posted 5.9% premium growth in the first half of 2012, statistics released by the country's insurance regulator showed.
Councils criticise government for flood insurance failure
The Local Government Association has accused the government and insurance industry of letting down residents in flood-risk areas by failing to reach an agreement over the provision of affordable insurance cover.
LGA report on danger of delaying flood decision wins industry support
AA Insurance has seconded concerns expressed in today's Local Government Association report that delays in identifying a future flood risk solution could prove costly.
Payment Protection Insurance: Ringing the changes
Could a redrawing of the Financial Services Compensation Scheme boundaries save brokers from a repeat of the adverse financial impact of the payment protection insurance mis-selling scandal?
Penny Black's Insurance Week
Naked men and meerkats
Penny speed meets... Mark Brickles, CEO, Inter Risk Solutions
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own 'speed…
Market moves: Zurich and Mitsui continue recruitment push
Last week's busiest recruiters, Zurich and Mitsui Sumitomo, followed their recent appointments with the addition of more new staff. Mitsui has added two members to its underwriting team, while Zurich welcomed a new head of human resources.
Law Report: Contractor’s rights upheld due to ambiguous contract
Law reports contributed by national law firm Berrymans Lace Mawer.
Law Report: Court rules in favour of following German law in crash case
Law reports contributed by national law firm Berrymans Lace Mawer.
Law Report: Part 36 not extended by court
Law reports contributed by national law firm Berrymans Lace Mawer.
Your say: Throw out partially false claims
Zurich is to be congratulated on fighting the good fraud fight through the Supreme Court and achieving a successful outcome in the case of Fairclough Homes v Summers, says John Freeman.
Your say: Poor pensioner treatment by CII
Nationally, this is a year of celebration. Having marked the Queen's Jubilee we are now looking forward to the Olympics and, for the British insurance industry, it is an occasion to celebrate the passage of 100 years since its most recognised educational…
Your say: Different motor markets
Penny Searles, managing director of Wunelli, answers LV managing director John O'Roarke's comments about telematics.
Keelan Westall boss upbeat despite parent firm slipping into the red
Keelan Westall has claimed that the firm is beating its own growth targets, despite its parent company's latest financial results revealing that it has slipped into the red.
Concern over PPOs makes 'nervous' reinsurers more 'selective' in writing
The spectre of the UK motor market being hit by the further withdrawal of primary capacity, and resistance to new entrants, has again been raised, this time through the reinsurance community's concern about periodical protection orders.
Withey case prompts MP to raise loss adjusting regulation in Westminster
Political pressure for the immediate regulation of loss adjusters is building steadily, after Welsh MP Roger Williams signalled his intention to raise the issue in Westminster.
Towergate M&A boss outlines 2012 targets following double raid
Towergate is on track to double last year's acquisitions total, leading the firm's M&A director to hint at yet more upcoming deals across the UK.
Coface's Charbonnel promoted to chief operating officer
Cyrille Charbonnel has been appointed group chief operating officer for Coface, a newly created position at the credit insurer.