Legislation
Quality data essential to avoid banking problem repeat
Insurers must use top quality data when preparing for Solvency II to avoid the problems suffered by banks during their implementation of Basel II, technology firm CSC claimed.
Exclusive gender-ruling content now available on Post Europe
Post Europe’s weekly update is now live with three different opinions from the insurance industry on last week’s gender-ruling from the European Court of Justice.
Post Europe: View from the top - A shared responsibility for honest consumers
Ludicrous, stupid, unfair, illogical… these are just some of the comments I have heard from peers in the industry regarding the ruling by the European Court of Justice to annul the ‘insurance exemption’ from the gender directive as of December 2012.
View from the top - A shared responsibility for honest consumers
Ludicrous, stupid, unfair, illogical… these are just some of the comments I have heard from peers in the industry regarding the ruling by the European Court of Justice to annul the ‘insurance exemption’ from the gender directive as of December 2012.
Post Europe: Telematics – a ready-made gender solution?
Following the gender ruling last week insurers now need to look at how they price motor risks, Ian Faulkner argues that telematics is a ready-made solution and that with legislation considering this anyway insurers would be well placed to start…
Where does discrimination stop?
Europe has made it clear that gender discrimination is no longer acceptable in insurance and this is going to have long lasting affects on the market. Catherine Barton reflects that this is not the only area where discrimination is seen and asks when it…
Post Europe: Where does discrimination stop?
Europe has made it clear that gender discrimination is no longer acceptable in insurance and this is going to have long lasting affects on the market. Catherine Barton reflects that this is not the only area where discrimination is seen and asks when it…
News analysis - ECJ Judgment: The gender judgment
The Test-Achats case will have huge consequences for the motor, life and health insurance industries. Andy Tromans and Nick Elwell-Sutton explore the ramifications.
Climate change – are insurers getting behind their own green policies?
With the general public becoming ‘bored’ by environmental issues, Veronica Cowan asks if insurers are really getting behind their own green policies.
Large risks need to be in IMD says Ferma
The revised European Insurance Mediation Directive should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter what size the risks.
Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Post Europe: Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Insurers must use “solid evidence” for age discrimination
Older people will receive new protection from discrimination under proposals published by the government today.
New rating factors needed after European gender ban
Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.
Comment - liability claims: Insurers take a hard line on claims costs
With liability rates showing no sign of rising, Nick Patterson looks at why insurers have to take a hard line on claims costs.
Exclusive Climate change content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the outcomes from the recent climate change conference in Cancun; and an interview with QBE’s general manager for Central and Eastern Europe Petko Tonchev on the issues in the region.
The Post Europe Interview: Petko Tonchev
Petko Tonchev, general manager for Central and Eastern Europe for QBE European Operations, answers Post Europe’s questions.
Motor Claims 2011: Smale warns of tipping point for policyholders over motor prices
The insurance industry should take steps to tackle the rising cost of motor policies before the government intervenes, Ageas claims and operations director Rob Smale has warned.
Motor Claims 2011: Jackson: implementation of reforms is beyond my control
Lord Justice Jackson has urged the government to act on the recommendations in his review of civil litigation costs after admitting implementation of the report was not "within his grasp".
Motor Claims 2011: Food for thought
The annual Post motor claims conference has become a must-attend event for those leading the motor insurance sector.
Exclusive regulation and D&O content now available on Post Europe
Post Europe’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are formidable.
View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
Post Europe: View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
Schemes - Conception & construction: Special delivery
Setting up schemes to cover specialist sectors can be a lucrative business - but it requires brokers, insurers and customers to work together. Stephanie Denton looks at this evolving market.