Latest News – Page 583
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Allianz UK profit hit by series of large Q3 claims
Allianz UK gives update on LV deal as it reveals profit cut
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Job advert reveals Amazon insurance ambitions
Advert for product manager sheds further light on Amazon insurance ambitions
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25-year-old teacher left embarrassed after car insurance gaffe
Teacher sent photos of herself instead of vehicle in car insurance gaffe
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FCA wholesale broking probe cut could insurer costs - Fitch
Wholesale broking probe could help insurers tackle trend of rising costs, says rating agency
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Ogden rate change timeline 'optimistic' – lawyer
Ministry of Justice spokesman Lord Keen has set early 2018 as the target date for new Ogden rate legislation to be put in place, but Weightmans partner thinks this may be optimistic
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How Guidewire Cyence acquisition will help brokers and insurers with cyber risk
Guidewire’s data chief Eugene Lee explains why acquisition of Cyence can significantly boost risk understanding
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Amazon hiring insurance teams to crack UK and Europe
Tech giant believes superior customer service can help it take a share of UK market
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Allianz group ‘on track’ to hit full year target despite catastrophe hit
Allianz group profit dips in third quarter but growth in year to date
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Torrent of claims expected across Europe under GDPR
A fresh wave of compensation claims across Europe is likely as GDPR comes into force, finds DAC Beachcroft study
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Correction: Red Sands Insurance Solvency Position
In the Insurance Times Gibraltar Insurers 2017 supplement we incorrectly stated the SCR coverage ratio for Red Sands Insurance Company (Europe) Limited. It should have been reported at 140.9%, and we note that the company remains fully compliant with their Solvency II capital requirements
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Jelf’s Rob Worrell takes Janice Deakin’s old role at Ardonagh
Rob Worrell named head of insurance broking at Ardonagh
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LexisNexis launches telematics platform and UBI panel
LexisNexis launches a new telematics data platform, and puts together high-powered UBI panel
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AXA's David Williams issues warning over driverless car marketing
The public needs more awareness of the limitations of automated vehicles and their responsibilities at the wheel, warns AXA technical director David Williams
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Munich Re predicts “small profit” for 2017 after huge Q3 loss
Munich Re posts huge Q3 loss after catastrophe claims bill
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UK contributes to Zurich EMEA premium drop
Zurich EMEA premium falls after reductions in three countries
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Beazley expects to break even on underwriting after cat claims
Cat claims will push Beazley COR to “around 100%”
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Business body backs Pool Re in call for broader terrorism cover
The Federation of Small Busiensses lends its support to calls for non-damage cover
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Drone insurance startup wins law firm insurtech accolade
Drone insurance startup Flock won an insurtech prize from prestige City law firm