Deloitte
Lloyd's investigation into Utley to conclude next year
The Lloyd's investigation into three former senior figures at Equity Red Star, including Hastings Insurance Group chairman Neil Utley, could conclude around the middle of next year once the Accountancy & Actuarial Discipline Board completes its own…
RSA appoints Scicluna as chairman
Global insurer RSA has announced the appointment of Martin Scicluna as its new chairman.
In Series: External data perception - Changing perceptions
How can the industry make consumers more comfortable with the collection and use of their personal data?
Biba to discuss introduction of code of conduct for members
Brokers across the country could soon be expected to comply with an official British Insurance Brokers' Association code of conduct.
Biba vows to work on providing 'one voice' following Deloitte report
The British Insurance Brokers' Association hierarchy is to form a steering committee and a timetable for consultation after a strategic review carried out by Deloitte identified a number of issues to address.
In Series: External Data - Thinking outside the box
Are insurers making the most of external data by using it to do more than simply price risk?
Spotlight on Economy and Society: Insurance to the rescue
From the development of new technology to innovations in micro insurance, the insurance industry can play a major part in stimulating global economic growth.
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Editor's comment: In the line of fire and flood
Industry reaction to surge events is never far from the debating arena when it comes to learning lessons from catastrophic floods or fires, and loss adjusters frequently find themselves in the line of fire.
Insurer-owned brokers: An endangered species?
The insurer-owned broker has become a permanent industry fixture in recent years, but a number of sales may have put the model in doubt. Are its days numbered?
Motor insurance: Driving down cover costs
With two major indices reporting a fall in the cost of motor insurance, there are signs that the sector’s fortunes are improving. Can insurers afford to be optimistic, or should they proceed with caution?
Your say: Biba and IIB merger is bad news for small brokers
While Ten, among others, has so far reserved judgement on the historic merger of the British Insurance Brokers' Association and the Institute of Insurance Brokers, we were prepared to support the new body.
Guest Blog: A flexible future
Every European insurance market is at varying stages of adopting web-based platforms, but there are dramatically changing requirements across the board for multichannel retail distribution.
Climate Change: Turbulent times
With climate change a growing global concern, how is the insurance industry playing its part in saving the planet?
Single accounting framework is an 'ideal' that would take 'years'
The benefits of a single set of accounting standards have long been debated, but a recent report has revealed a surge in insurer support. Francesca Nyman considers the feasibility of this goal.
Heavy rain dampens profitable run in household insurance sector
This summer's flooding could put an end to four consecutive years of combined ratios of 100% or better in the household insurance sector.
Insurers call for single global accounting framework
A need for increased financial reporting transparency and consistency has led more insurers to call for a single global accounting framework, according to a survey of insurance finance executives.
Eiopa guidelines give clarity now insurers must act say analysts
Insurers were urged to get their final Solvency II preparations underway following the release of Eiopa’s Guidelines for Solvency II Reporting & Disclosure this week.
Broking Focus: Bespoke tailoring
Biba’s wants the strategic review of its operations by Deloitte to produce a trade body fit to compete alongside the strongest organisations in the 21st century
Insurers change approach to calculating capital ahead of Solvency II
As European insurers continue their Solvency II preparations many are changing their approach to calculating capital adequacy requirements, according to Deloitte.
Insurer approach to Solvency II is more 'sophisticated', report finds
Insurers have upped the ante in their preparation for Solvency II with 60% increasing the sophistication of their approach.
Insurers to face 'significant' UK flood losses
The insurance industry is likely to suffer significant costs for affected properties in flooded areas, and household premiums could rise, Deloitte has predicted.
Market moves: Broking steps up the recruitment push
This week the recruitment space belonged to the broking community, which saw major moves across the sector. In the past seven days, Willis, Lorica, Giles and Lockton all named new senior staff.
Transport Select Committee backs credit hire Competition Commission investigation
The Transport Select Committee has welcomed the Office of Fair Trading's provisional decision to refer an investigation into credit hire and third-party repair to the Competition Commission.