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International

Aviva relaunches UK car fleet telematics

20 June 2011

Aviva has relaunched its fleet telematics products in the UK, allowing companies to use their existing in-car technology and avoid having to invest in additional equipment…

Tornado unearths deadly fungus

20 June 2011

Deadly fungal infections pose a hidden risk to US insurers as the city of Joplin, Missouri continues to count the cost of a tornado that ripped through the region last month…

FSA guides aggregator compliance

14 June 2011

British brokers and insurers have welcomed a move by the Financial Services Authority to warn comparator site operators to maintain proper regulatory requirements…

Multi-billion losses mark worst tornado week

14 June 2011

Catastrophe modeller AIR Worldwide estimates the severe thunderstorms that struck the United States between May 20-27 will cause insured losses of between $US4-7 billion ($3.8-6.6 billion)…

Fraud investigators call for arms

14 June 2011

Louisiana insurance fraud investigators may carry guns in future following the slaying of two investigators last week…

Lloyd’s rejects Jacko payout

14 June 2011

Lloyd’s has asked a Californian court to nullify a contingent non-appearance and cancellation policy taken out by Michael Jackson’s tour promoters AEG Live…

US P&C market remains soft

06 June 2011

Rates are still falling in the US property and casualty market, despite indicators supporting a market turn, according to the market barometer compiled by Dallas-based insurance exchange MarketScout…

US reinsurers take combined ratio hit

06 June 2011

The first quarter of 2011 saw the combined ratio of a group of 19 US property and casualty reinsurers blow out to 129.3%, compared to 102.2% for the same period last year…