Motor
China unveils latest motor market liberalisation move with premium setting plan
The China Insurance Regulatory Commission is to allow some qualified insurers to set terms and premium rates for private motor insurance.
Policyholders struggle to pay soaring voluntary excesses
Axa has warned drivers against pushing up excess levels in order to reduce premiums as growing numbers struggle to meet payments.
Middle East guest blog: Pennywise pound foolish in health insurance?
It is not economically feasible for corporate clients to purchase insurance for 'pound-swapping' layers.
Repair costs for imported cars to drop in South Korea
Repair charges for imported cars are expected to come down as South Korean non-life insurers make a deal with foreign carmakers after their decision to reduce insurance premiums for drivers by 2%.
Aviva eyes commercial improvements by dropping underperforming lines of business
David McMillan, Aviva UK general insurance chief executive, remains confident his firm can recover from a "challenging" year in terms of commercial business, following the decision to drop a number of underperforming lines of motor business.
At-fault payout product could fill 'deliberate' hole in motor market
Concerns have been raised that a new product that "fills a genuine gap" in the motor market could be plugging a hole that has been left deliberately.
Fraudulent claims continue to plague insurers, as index shows rise in cases
Location-specific blackspots indicate overall increase in UK insurance fraud
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
Wunelli calls for standard telematics approach
Wunelli has urged insurers to agree a common data standard for the use of telematics.
Labour wants to force insurers to offer telematics
Labour wants to see every insurance company being forced to offer drivers at least one black box product, according to the Daily Mail.
QBE launches new motor products in Dubai
Business insurance specialist QBE has started offering Guaranteed Auto Protection insurance and auto extended warranty on a reinsurance basis for cedants dealing with auto dealers and banks within the GCC market.
Cuts at Ecclesiastical to focus on three sectors and boost operations performance
Ecclesiastical's UK boss Steve Wood, pictured, has implemented a three-prong reorganisation as part of a cost-cutting exercise that he claims will lead to an aggressive move on its chosen markets.
Brokers 'very positive' on in-vehicle management technology rollout
Equity Red Star CEO Ian Foy has hailed the rollout of in-vehicle management technology Equitrack, claiming that brokers have responded favourably to the belief that the launch will drive down costs and claims.
Ageas credit checks all motor applicants
Ageas is to automatically use credit information about prospective clients in motor quotes.
QBE reveals e-trading and motor underwriting appointments
QBE has this morning unveiled the double appointment of David Greaves as head of e-trading and Fast Flow operations and outgoing Aviva employee Robert Dodd as senior motor underwriter.
PPOs up motor excess of loss reinsurance
Fear that periodical payment orders for accident victims create uncertain liabilities has led to reinsurers refusing to offer excess of loss cover to motor insurers, the FT reports.
In Series: Emerging Markets - India: a land of opportunity
With the economy in India struggling less than those of its Western counterparts, coupled with a rise in consumerism, the insurance industry has major opportunities open to it
In Series: Emerging Markets - India: a land of opportunity
With the economy in India struggling less than those of its Western counterparts, coupled with a rise in consumerism, the insurance industry has major opportunities open to it
LV wins landmark contrived collision court case
LV has won the first case of its kind in which an accident that was wholly contrived has been successfully concluded in favour of the insurance company.
Jobs and branches at risk as Autoglass undergoes "operational changes"
Autoglass is entering into a consultation period with its staff after announcing a reduction in contact centres and the closure of a number of branches.
Plum grows as personal lines market demands non-standard solutions
Non-standard specialist Plum Underwriting has seen sales grow by 121% in 2011.
MoJ issues consultation for RTA portal extension
Last night the MoJ issued a consultation letter to key stakeholders on further extending the fixed costs scheme currently used for Road Traffic Accident claims to cover Employers’ and Public Liability policies.
Towergate makes two acquisitions
Towergate Insurance has acquired Centenary Insurance and William Rogers Insurance Brokers.
Sri Lanka's GI market grew 21% in 2011
Sri Lanka's general insurance market grew by 21% in 2011, a record for the industry since its privitisation, according to Sri Lankan business paper the Daily News.