Activist investor CIAM has blasted Scor's strategy as "without significant intrinsic value creation" in a letter to the resinsurer's lead director, following reports in the French media on its collapsed merger talks with Covéa.
Insurers have welcomed the “thoroughness” of a report published by the Independent Inquiry into Child Sexual Abuse and have committed to working with it on its recommendations.
The Independent Inquiry into Child Sexual Abuse yesterday released its report on its Accountability and Reparations investigation, in which it lay down a number of recommendations it believes insurers need to follow to fix the system. David Nichols,…
Child abuse inquiry slams ‘hostile, baffling, frustrating and futile’ claims process as it pushes for insurer action
Setting up a register of public liability policies, revising damages and ensuring there is a claims code of practice are among a number of recommendations the Independent Inquiry into Child Sexual Abuse has made in a report published today.
Newly appointed managing director for UK & Ireland Steven Wallace discusses expansion plans, consolidation within the market and Brexit
#MeToo is becoming a “significant” industry issue as harassment and discrimination claims rise, while in some countries the surge means claims are moving outside of traditional employment practices liability insurance, lawyers have warned.
At the Monte Carlo annual rendezvous this week, Lloyd’s chairman Bruce Carnegie-Brown said the corporation was ready to “hang” perpetrators of bad behaviour after its culture survey revealed some “sobering” results.
Exclusive: The Institute and Faculty of Actuaries is considering appealing against a ruling, after an employment tribunal decided it must pay nearly £38,000 to a Zurich employee after it “directly discriminated” against him.
Danish insurer Gefion has further pushed back its expected timeline for a capital injection in the business, following an order by the regulator that it cannot expand into further territories until it bulks up its coffers.
Anglia Ruskin’s insurer has apologised to the university, after an “oversight” by solicitors meant a graduate was paid £61,000 over her “Mickey Mouse degree” claim without the insured being consulted.
The personal injury discount rate will be set at minus 0.25% from 5 August providing certainty for insurers and claimants alike, but uncertainty created by the Ministry of Justice review behind the new rate could have left claimants – as well as insurers…
Scor’s property and casualty division has seen growth in H1 2019, while legal action against Covéa and its CEO and chairman Thierry Derez will continue in 2020.
Mustafa Kasim, who was sentenced to six months in prison in November for stealing data from Audatex, has now been ordered to pay a confiscation order of £25,500.
Ecclesiastical claims handlers suggested a child abuse survivor could be “bought off” for a modest sum, according to a cache of emails obtained by Post.
Insurers win two-thirds of legal disputes against their commercial policyholders when a claim is disputed.
The Spanish Private Health Alliance hit out at “possible systemic fraud” committed by British insurers offering problematic medical cover within travel policies.
Exclusive: There will likely be an uptick in child sexual exploitation cases following a Supreme Court judgment, lawyers have warned.
A fraud response initiative set up by managing general agent Pen Underwriting has more than halved the amount of money lost in cases of cyber conveyancing fraud since 2017.
Exclusive: Insurers and insurance lawyers have reacted positively to the Association of British Insurers’ calls for a review into limitation law in child sexual abuse claims cases.
Exclusive: The Association of British Insurers believes that there is a need to review limitation law surrounding cases of child sexual abuse and has pledged to engage with the Independent Inquiry into Child Sexual Abuse, survivors and lawyers.
Who won what at last night's Post Claims Awards?
Two out five people would make a false personal injury or medical negligence claim if they thought they could get away with it, a survey has revealed
Whether it was an epic ending or a major disappointment, some of us currently have a Game of Thrones-shaped hole in our lives… and I was just imagining what it would be like if the show was remade in the world of insurance.
Anglia Ruskin University has slammed its insurer over a payout to a former student.