Claims – Page 526
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C-ZoneFor better or worse
The wedding season is in full swing but disasters can occur. Adrian Ewington explains why wedding insurance has become important
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News AnalysisAggregators question RBS turnabout
The emergence of Tesco Compare.com have some calling for fair competition.
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News
Zurich puts flood claims bill at £325m
?Zurich Financial Services Group revealed this week that it expected aggregate claims payments of up to $260m (£128m) in relation to the July floods. The news brings the insurance giant’s total aggregate claims from the summer floods to $660m (£325m). Last month it predicted that claims from the ...
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News
Internet fraud set to sky-rocket
The internet has become a haven for insurance fraudsters and the crime spree is likely to sky-rocket as more insurers move business online.A survey by fraud specialist Absolute CM found that 75% of motor policy frauds were committed online. And 96% of frauds involving contrived claims were cases where the ...
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Online onlyThe terrorism challenge
Businesses cannot be complacent over the terrorist threat warns Aon
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News AnalysisOpen GI in tech tie up
New launch provides a cost effective way for smaller brokers to compare the market
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Online only
Zurich expect $260m flood claims
Zurich Financial Services said it expects $260m in claims payments related to the UK flooding in July 2007
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Online onlyReinsurance outlook is stable
The outlook for the global reinsurance sector remains stable supported by robust balance sheets of reinsurers, finds Andrew Holt
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NewsTerrorRisk launched
Terror tool will enable insurers to conduct planning through specific terrorism risk exposure
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Online onlyAllianz boosts electronic trading capabilities
Long-term deal signed with business integration provider, Kewill
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Online onlyMore to the compensation culture than meets the eye?
In the vast majority of cases, claims are the result of genuine grievance
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News
Bright defends his record
Former Independent boss Michael Bright continued to present his defence against charges of conspiracy to defraud this week, as he was cross examined by prosecution lawyers. Bright, founder of the insurance firm that famously collapsed in 2001, insisted that he had not been aware of information being withheld from auditors, ...
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News
Felix losses to be less than £200m
?Hurricane Felix is expected to cause no more than £200m worth of insured losses, experts have predicted. The US National Hurricane Centre, which has been tracking Felix, said it was heading north towards Texas.But it had since veered slightly south and was expected to strike Honduras, Nicaragua, Belize and then ...
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News
Brit cautious after half year profit rise
Brit Insurance Holdings has warned its second half year profits are likely to take a hit, despite announcing strong first half results.The company reported strong overall profits and underwriting performance with its gross written premium (GWP) up 4.6% to £727m. First half pre-tax profit rose to £106.8m, up from ...
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News AnalysisScrambling for a share of the PI
The solicitors’ professional indemnity market could be heading for major losses as rates continue to fall. Tom Flack and Sarah Kennedy report
