Opinion

Opinion: The difficulties of cross-border insurance

Suresh Krishnan, general counsel of Ace Group's multinational client group, asks why more risks can't be insured from abroad and discusses some of the complexities involved in cross-border insurance.

View from the top: Pool solution a proven concept

For those of us living or working in the UK, one regular weather event is inevitable: lots of rain. So, most readers won’t take much convincing of the fact that, in 2012, Britain suffered its second-wettest year since records began in 1910.

View from the top: This eternal quest is fruitless

Commoditisation has become something of a holy grail in the insurance market over the past decade. The shift from competition based on product and service feature differentiation, as well as perceived value, to one of undifferentiated price comparison…

Editor's comment: Unfinished business

Echoing the Monday tweet of Bollington's Paul Moors, it was a shame to witness the UK's insurer and broker trade bodies engaging in public dispute this week over research on restricted or rejected claims payments.

Civil reform impact: Funding impact on settlement dynamics

Civil litigation will see a series of fundamental reforms in three months’ time under Lord Justice Jackson's recommendations and government regulation, and damages-based agreements are set to make their mark on funding arrangements, says Tim Wallis.

Editor's comment: The damage of Dispatches

Insurers have again proved an easy target, this time for investigative reporters out to prove that companies seek only to cash in on their customers' collisions at the expense of policyholder cost in the form of inflated premiums and their safety.

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