Latest News – Page 723
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NewsFlood Re looks to Pen and ProSight for new team members
Scheme hires general counsel and operations head
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NewsHyperion could make loss for next two years on RKH costs
But chief executive David Howden says statutory accounts do not paint true picture of performance
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NewsFraudster sentenced for trying to con LV= out of £60,000
During investigation officers discovered that eight of 11 invoices Kaustubh Ghosh submitted had been fraudulently made up
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NewsISO launches new personal injury compensation tool
Data analysis said to help insurers determine accurate settlements
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NewsCyber seen as top risk by UK businesses
Allianz survey shows cyber rose from third biggest risk a year ago
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NewsAcquisition and finance costs push Hyperion to £81.4m loss
But underlying profit rose 31% to £56.7m in year to 30 September 2015
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NewsGallagher names Coldman as UK unit non-exec director
Industry veteran already on board of parent group
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NewsGuy Carpenter sets up advisory council as it plots growth in EMEA
Council is composed of senior figures from Guy Carpenter and wider reinsurance industry
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NewsSmall minority of shareholders back AIG’s present strategy - poll
The poll of more than 100 investors points to dissatisfaction with AIG management and some sympathy for activists
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NewsSaga review of motor underwriting options is 'positive'
Analysts say the move could lead to reduced capital consumption
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News41% of motor and home insurance customers suffered delays in claims
However the research by Consumer Intelligence found that 84% of customers said their claims were handled fairly.
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NewsRSA settles €1.25m dismissal dispute with former Ireland boss
Insurer had appealed Philip Smith’s employment tribunal victory
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NewsXS Cover launches two agricultural GAP products
Products underwritten by Malta-based insurer Building Block
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NewsSwiss Re names new UK and Ireland chief executive
Middle East and Africa head Frank O’Neill replaces Russell Higginbotham
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NewsMotor broker Right Choice buys ERS breakdown units
ERS will continue to underwrite units’ breakdown products under a long-term agreement
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AgendaFlood Re will cause large drops in premium rates – PwC
PwC says that Flood Re will drive down flood victims premiums
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NewsInsurance industry has yet to 'crack' cyber offering – Aviva’s Bayles
Phil Bayles says risk of cyber-attack is a clear and present danger to all companies, shapes and sizes
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AgendaDLG expects storm claims to total £140m
Storms Desmond, Eva, and Frank wrecked havoc across northern England
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AgendaGreco only name on Zurich’s chief exec shortlist – report
Swiss newspaper says appointment could be announced on 11 February
