Politics
Legal expenses: Survival of the fittest
Legal expenses insurers must adapt their models quickly to survive the government’s reforms — or risk extinction.
Zurich defends “woeful” riot response
Zurich has responded to Labour MP for Tottenham, David Lammy, who told BBC Radio 5 Live yesterday that the response of insurance companies following the riots, particularly Zurich, was "woeful".
Zurich launches ‘5 point plan’ for extreme weather
Nearly two thirds of British businesses suffered disruption to their supply chain because of last winter’s bad weather.
Rehabilitation: Providing the carrot
While the use of rehabilitation has made great strides in the past few years, is a more co-ordinated approach with tangible incentives needed?
Insurers told to set their house in order ahead of parliamentary debate
Apil has called on the insurance industry to set its house in order as MPs prepare for another debate on the cost of motor insurance tonight (8 November).
Car premiums need cross-ministry view
A group of MPs has called on the government to establish a cross-ministry committee to tackle rising motor insurance premiums.
Justice Bill clears the Commons
The Legal Aid, Sentencing and Punishment of Offenders Bill has been voted through by 306 votes to 228.
News analysis: Is data mining a major factor in the PI claims spike?
The debate over referral fees has had more press time recently than whether The X Factor is on the wane or not. And just like the blow-by-blow tabloid accounts of the TV show, its judges and its contestants, the insurance industry is starting to get…
Geneva Association petitions G20 on systemic risk designation
Insurance think tank, The Geneva Association, today issued an open letter to the members of the G20, asking them to take into account the specificities of the insurance industry when devising policies on systemic risk.
Geneva Association sends open letter to G-20 leaders
Leading international insurance think tank, The Geneva Association, has today issued an open letter to the Finance Ministers and Central Bank Governors of the G-20.
AIG reveals $972m payment to US Treasury after MetLife deal
AIG has announced that it had paid the United States Department of the Treasury $972m to reduce the liquidation preference on one of the special purpose vehicles created as part of the government's assistance to AIG.
Kennedys boss raises concerns over referral fee 'loophole'
Kennedys has warned that the proposed ban on referral fees, which is currently making its way through the House of Commons, includes a loophole that could allow referral arrangements in through the “back door”.
Your say: Tackling fire remains a priority
You are right to think that both this government and the last have not been receptive to arguments by the insurance industry and sprinkler lobby pressing for a more widespread fitting of sprinkler systems.
Fraud event: Top London cop in tune with fraud fears
City of London Police Commander Ian Dyson has admitted that if the insurance industry had not stumped up the cash for the new dedicated counter-fraud unit, it would not have been formed. He also empathised with insurers’ fears that funding the unit could…
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Interview - David McMillan: Bullish about the business
Chief executive of Aviva UKGI, David McMillan is convinced the insurer has turned a corner and is on the path to greater profitability and growth
UK and Norway forge new energy agreement
The UK and Norway have signed an agreement affirming their commitment to cooperation on energy and climate issues.
Global insurers restricted in Ireland after downgrade
Allianz, Aviva and RSA Insurance have been restricted from providing cover for Irish state companies because Ireland has been demoted by credit rating agencies.
Editor's comment: Yet another call for action
How often do we hear that rallying cry for the insurance industry to up its lobbying credentials and persuade government to deliver change that will safeguard both citizens and businesses alike? All too often.
Claims event: ABI urges ‘shared responsibility’ for flood cover
Homeowners living in high flood risk areas could potentially see their insurance part-covered by government subsidies after the Statement of Principles agreement expires.
Claims event: Straw blasts 'made-up' whiplash injuries
Former Justice Secretary Jack Straw, pictured, has backed Ken Clarke’s proposals to make the payment of referral fees a criminal offence, while also branding whiplash a “made-up injury”.
Cyber liability: Getting hacked off
Back in 1983, when Hollywood produced a film about a young boy inadvertently hacking into military systems, the possibility of such an occurrence seemed the stuff of fantasy and doom-mongers.
Risk modelling - Riots: Out of control
The recent riots across England emphasised the destruction such uprisings can inflict. But why do riots start and can their triggers be predicted and planned for?
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?