Motor
RBSI CEO Geddes reveals plan to float in tranches
Royal Bank of Scotland Insurance chief executive Paul Geddes has revealed that if it decides to go down the initial public offering route in 2012, this will probably be done in a number of tranches, rather than one offering.
Markerstudy buy boosts bold ambition in mobile repair
Markerstudy Group has set its sights on becoming a "major player" in the windscreen repair market following its acquisition of Auto Windscreens.
Prior reserve release staves off RSA underwriting loss
Prior year reserve releases of £267m have helped insurer RSA avoid posting an underwriting loss of £29m for 2010.
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.
Post history – 50 years ago: NCD pioneer reaps benefit of reinsurance
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Career development & CSR: MCE seeks out graduates
MCE Insurance is seeking graduates to expand and strengthen its workforce.
Postbox: staying ahead of the game
The recent article ‘Brokers unprepared for household fraud’ concerning a Legal & General report raised some interesting issues for the broking community.
View from the top: an updating challenge
Much has changed during my time in the broker market, but the one thing that hasn’t is that insurers still need to get their car insurance rates to the broker software houses some six weeks in advance. It will then be a whole month before we can change…
A&A Group laments "victory for boy racers" in ECJ ruling
Steven McPherson of A & A Group, which specialises in young high risk drivers, has said the European Court of Justice ruling against gender-determined pricing is a “victory for boy racers”
New rating factors needed after European gender ban – Insurance News Now – 2 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including what the ECJ’s ruling that a person’s gender can no longer be used to calculate insurance premiums or annuity rates will mean for insurers.
Admiral UK profit rises to £276m
Admiral has reported group profit before tax increased 23% at £266m (2009: £216m) while turnover (defined as total premiums written including co-insurers’ share and other revenue) rose 47% to £1.58bn (2009: £1.08bn).
Admiral UK profit rises to £276m
Admiral has reported group profit before tax increased 23% at £266m (2009: £216m) while turnover (defined as total premiums written including co-insurers’ share and other revenue) rose 47% to £1.58bn (2009: £1.08bn).
AI Claims doubles H2 pre-tax profit
Accident management company AI Claims Solutions has posted a pre-tax profit of £1.6m for the second half of 2010 up 97% on the same figure for H2 2009 (£855 000).
At face value gender decision “seems sensible”
Commenting on today’s decision in the European Court of Justice, James Gilmour, product manager business insurance at Simply Business, said that in general, commercial insurers do not consider gender when they are pricing business insurance.
At face value gender decision “seems sensible”
Commenting on today’s decision in the European Court of Justice, James Gilmour, product manager business insurance at Simply Business, said that in general, commercial insurers do not consider gender when they are pricing business insurance.
Larger insurers could benefit from gender ruling claims Towers Watson
Today's European Court of Justice gender ruling could ultimately favour larger insurers with greater resources.
PWC predicts increase in pay-as-you-drive in wake of gender ruling
Today's European Court of Justice ruling that from 21 December 2012 insurers will no longer be able to charge different insurance premiums to men and women because of their gender, could lead to a steep uptake in pay-as-you-drive schemes.
ECJ decision a gender tax on women claims Confused
The outcome of the European court of Justice ruling is effectively a gender tax on women.
ECJ decision a gender tax on women claims Confused
The outcome of the European court of Justice ruling is effectively a gender tax on women.
CEA “deeply disappointed” by ECJ gender-ruling
The CEA, the European insurance and reinsurance federation, is deeply disappointed by today’s judgement by the European Court of Justice (ECJ) that the provision enabling EU insurers to use actuarial and statistical factors based on sex in their risk…
Metaskil welcomes gender decision
Ian Faulkner, managing director at Metaskil has welcomed the European Court of Justice ruling making it illegal to take gender into account when fixing insurance premiums.
Metaskil welcomes gender decision
Ian Faulkner, managing director at Metaskil has welcomed the European Court of Justice ruling making it illegal to take gender into account when fixing insurance premiums.
Ageas “disappointed” in gender directive decision
Commenting on the European Court of Justice ruling on the gender Directive, Ageas said it is disappointed that the European Court has ruled that differential insurance pricing based on statistical gender differences will no longer be permitted from…
Ageas “disappointed” in gender directive decision
Commenting on the European Court of Justice ruling on the gender Directive, Ageas said it is disappointed that the European Court has ruled that differential insurance pricing based on statistical gender differences will no longer be permitted from…