Motor
RSA and Groupama sign motor claims agreement
RSA and Groupama Insurances have signed a bilateral agreement to help tackle the industry issue of subrogated motor repair costs.
Factor in reforms, motor insurers urge Competition Commission
The Competition Commission has been urged to consider the impact of upcoming legal reforms, including the ban on referral fees and changes to general damages, when it begins its two-year investigation into the private motor insurance market.
Editor's comment: Motor madness drives on
Love it or hate it, the UK private car insurance market grabs all the industry's political airtime outside floods and hurricanes.
Post magazine - 4 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
ABI to publish "compelling" young driver report
The Association of British Insurers will publish proposals tomorrow for improving young drivers' safety, calling for initiatives including a ban on intensive learner courses.
Two million Brits mistakenly driving without insurance, says LV
More than two million people have driven without insurance, according to LV, 1.8 million of them mistakenly believing they were insured at the time.
Hastings Partnerships wraps up van deal with Kingfisher
The affinity division of Hastings Direct, Hastings Partnerships, has been appointed as the exclusive provider of commercial vehicle insurance to the Kingfisher Group UK and Ireland division.
Brake technology to cut insurance premiums
Motorists who buy cars fitted with autonomous emergency braking technologies as standard could benefit from cheaper insurance premiums from this month.
White Oak Underwriting announces internal appointments
White Oak Underwriting has appointed a new underwriter, claims adjuster and deputy compliance officer.
Tungsten founder Truell admits Equity discussions
Edmund Truell has told Post that he has entered into negotiations with motor insurer Equity, adding that he is keen to pursue the deal.
University launches post-graduate degree in insurance law
Queen Mary, University of London has launched what it claims is the first post-graduate course solely dedicated to insurance in the UK.
Germany's GI sector stable, says Fitch
The rating outlook for the German non-life insurance sector remains stable, with motor rates expected to continue recovering in 2013, according to Fitch.
DLG to miss out on FTSE 100 listing
Direct Line Group is unlikely to join the FTSE 100 when it lists on the London Stock Exchange this month.
'Signposting' agreement has not worked, says Age UK
The 'signposting' agreement introduced by the Association of British Insurers in April is not working effectively, according to a leading age charity.
CC investigation should "strip out excessive costs", says Aviva claims boss
Aviva has welcomed the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission.
ABI backs Competition Commission credit hire investigation
The Association of British Insurers has thrown its support behind the Office of Fair Trading's decision to refer the motor market to the Competition Commission.
Competition investigation outcome could 'mean policyholders lose out', says CHO boss
The Credit Hire Organisation has said that the Competition Commission investigation into the UK motor insurance market could seriously disadvantage policyholders' access to justice and force premiums to rise.
OFT refers 'dysfunctional' motor market to Competition Commission
The OFT has referred the UK's private motor insurance market to the Competition Commission for further investigation amid concerns that the market is not working well for motorists.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Insurance Strategy 2012: Insurers missing big 'gender' opportunity
The gender directive is driving a "massive change in the industry" which many insurers are missing, according to Ian Hughes, chief executive of Consumer Intelligence.
Post Top 100 UK Insurers Supplement: Brand analysis - Survival of the fittest
Belt-tightening, regulation and rising costs have proved a challenging triumvirate for the industry. But, while some insurance brands have faltered, others have prospered.
Post Top 100 UK Insurers Supplement: AM Best commentary - Flooding the market
A deluge of weather-related claims, coupled with low investment returns, continue to dampen non-life insurer performance albeit one buoyed by premium increases.
Industry divided over advantages of attending party conferences
Insurers remain divided over the merits of attending party conferences as a means of raising the profile of important industry issues in political circles.
Insurance Strategy 2012: Telematics is about the customer, not the insurer
Telematics needs to be about the customer rather than the insurer, according to Ian Hughes, Consumer Intelligence chief executive.