Age discrimination laws won’t apply to UK insurers
18 June 2012
UK insurers will still be able to consider age in assessing risk and calculating premiums when new age discrimination laws come into effect from October…
18 June 2012
UK insurers will still be able to consider age in assessing risk and calculating premiums when new age discrimination laws come into effect from October…
18 June 2012
A document detailing the recovery of Equity Red Star, IAG’s UK business, has been released to a targeted group of potential acquirers, providing a further signal that the business is for sale…
18 June 2012
The insurance industry needs to get on the front foot and spread awareness of the necessity of action against climate change or risk a widespread market failure and insurance company insolvencies…
18 June 2012
Ace is to acquire Indonesian insurer PT Asuransi Jaya Proteksi for $130 million in cash…
18 June 2012
Insured losses from a hailstorm that hit Dallas, Texas, last week could reach as much as $US2 billion ($1.98 billion), making it one of the most costly storms in US history…
12 June 2012
Major trade credit insurers have stopped providing new cover for exporters to Greece, fearing the risk of the country leaving the eurozone…
12 June 2012
The reinsurance sector remains awash with capital despite last year’s losses, says Guy Carpenter in a report on the June 1 renewals…
12 June 2012
Zurich CEO General Insurance Mario Greco has been recruited to run Italy’s Generali Group after Generali CEO Giovanni Perissinotto’s sudden departure…
12 June 2012
US commercial insurance prices increased by nearly 5% during the first quarter of this year, according to a new pricing survey by actuaries Towers Watson…
12 June 2012
The composite rate for US commercial insurance during May was up 4%, according to insurance exchange MarketScout…
12 June 2012
Total loss estimates from the recent Italy earthquakes now stand at $US6.3 billion ($6.4 billion), and severe weather has affected the US and other areas, according to Aon Benfield’s monthly…
12 June 2012
AIG CEO Robert Benmosche has confirmed the group is considering dropping the Chartis brand and renaming it AIG…
04 June 2012
UK-based insurance group Hyperion, which owns the Dual underwriting agency, has acquired Lloyd’s broker Windsor ahead of a planned 2013 stockmarket float…
04 June 2012
Britain’s Office of Fair Trading has provisionally decided to refer the country’s private motor insurance market to the Competition Commission after finding that referral fees and rebates boost insurance costs…
04 June 2012
Risk modeller Eqecat has more than doubled its estimates on insured losses in northern Italy, following two damaging aftershocks a week after the May 20 earthquake…
04 June 2012
Lloyd’s has reduced its exposure to the euro in preparation for a potential collapse of the single European currency…
04 June 2012
The 2012 North Atlantic hurricane season began on Friday, with risk modeller Risk Management Solutions predicting the number of tropical storms will be in line with the long-term average…
04 June 2012
The UK-based Chartered Insurance Institute has launched a guide to hiring “apprentice employees” in the insurance and financial planning sectors…
04 June 2012
US insurers that remain committed to basic fundamentals and maintain a disciplined approach to underwriting and risk selection are better positioned to succeed, a Standard & Poor’s report says…
28 May 2012
The stable investment portfolios of Australian insurers will come under pressure as the eurozone crisis grows, according to a leading investment manager…