Latest News – Page 2024
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Online onlyIUA welcomes Solvency II
Planned new regime emphasises flexibility and includes options for the use of different solvency models that are most appropriate for different companies, says IUA
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Online onlyAdmiral pulls out of sale talks
Insurer ends discussions over potential £600m sale of Confused.com
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JLT names new MD of global risks division
Ron Hayes appointed managing director of global risk solutions division
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Reports
Rich pickings for all?
Norwich Union’s new push into high net worth has ramped up competition among insurers in a crowded market. Caroline Jordan reports on how they are trying to differentiate themselves
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Reports
Protecting the bling
W?ith the wealth of the rich increasing and the growing focus on celebrity status within society, the boundary between private and public lives has become blurred. In this climate, safety and security have become a major concern for wealthy clients and their insurers.Many insurers working in the high net worth ...
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Reports
Executive toys at risk
Caroline Muspratt says the very wealthy who own planes, boats, classic cars and expensive jewellery need a wealth check as many are under-insured
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Online onlyIndie trial: Directors warned about future cost of reinsurance
Independent’s directors were warned about mortgaging the future of the company through expensive reinsurance deals, said a prosecution witness
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Online onlyBoleat hails claims regulation a success
Still work to be done to stamp out cold calling
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Online onlyLloyd’s must accelerate process reform, says Ward
Chief executive sets out plans to drive forward business process reform
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PWC welcomes Solvency II
Annette Olesen, director, PWC, says Solvency II will promote sound risk management and robust internal controls
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Munich Re welcomes proposal for Solvency II
CFO Jörg Schneider said the new rules planned will be a huge step forward for insurers
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Insurers meet with Government ministers
ABI director general says insurers are doing "all that they can" to deal with flood claims
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Beating the competition law
The UK insurance industry is fighting to keep its block exemption of EC competition law that allows co-operation between insurers in the EC. Alex Haffner reports
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FeaturesProfitable timing
Andrew Holt says Markel has an impressive investment track record. Its chief architect, Steve Markel explains how it works
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Comments/LettersA private off-road vehicle
Andrew Cave says the tie-up between the AA and Saga is just a cross-selling exercise
