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AXA : British businesses at risk with exaggerated and fraudulent claims
A study by AXA among small business owners reveals that insurance fraud is a real issue with one in three admitting they have inflated,...
QBE : survey shows 67% of UK businesses have a plan against cyber attacks
A survey of UK businesses undertaken by QBE shows that more than two thirds of businesses, 67%, now have a plan to protect their...
Xchanging : Bureau processing saves London Market at least £150m a year
Research conducted by Xchanging has estimated that the London Market Bureau is collectively saving market participants at least £150m annually.
Presenting the Value of the...
Swiss Re : natural catastrophes and man-made disasters in 2012 reports USD 77 billion in insured losses and economic losses of USD 186 billion
Swiss Re's latest sigma study reveals that natural catastrophes and man-made disasters in 2012 caused economic losses of USD 186 billion with approximately 14...
EIOPA : consultation on guidelines for the preparation of Solvency II
The European Insurance and Occupational Pensions Authority (EIOPA) launched a public consultation on Guidelines related to the preparation for Solvency II.
The purpose of the...
ABI : welcomes the Government’s Green Paper on Young Driver Safety
The ABI welcomes the announcement from the Government that they are to publish a Green Paper on young driver safety.
At a follow-up to the...
Fitch Ratings : affirms and withdraws Standard Life’s IFS at ‘A+’
Fitch Ratings has affirmed Standard Life Assurance Limited's (SLAL) Insurer Financial Strength (IFS) rating at 'A+' and Long-term Issuer Default Rating (IDR) at 'A'....
CII : Future leaders call for London market to adopt new internship framework
Members of the CII’s London Market Faculty ‘New Generation’ group have called for the implementation of a new internship programme in the London insurance...
CFC : launches the latest addition to its ExecSurance Suite
Following the successful expansion of its management liability division, specialist lines underwriting agency, CFC, launched ExecSurance R&T.
ExecSurance R&T is designed to protect directors, officers...
AXA : enters into exclusivity in connection with the potential sale of a majority stake in AXA Private Equity
AXA announced that its asset management subsidiary, AXA Investment Managers (“AXA IM”) has received an irrevocable offer from an investor group for its entire...
Fitch Ratings : Extra GSII Capital Limited to Non-Traditional Lines
The International Association of Insurance Supervisors' capital proposals for global systemically important insurers (GSIIs) do not plan to force GSIIs to hold extra capital,...
AXA : significant investment in local broker relationships with enhanced contact programme
AXA Commercial Lines and Personal Intermediary has increased the number of account managed brokers at its Bolton-based National Trading Centre from 100 to 1,000...
Aon Risk Solutions : 2013 Interactive Political Risk Map draws on 15 years of emerging markets data collection
As the world seeks to re-establish itself following the 2008 financial crisis and the 2010 Arab Spring, Aon's 2013 political risk map, developed in...
Fitch Ratings : Generali’s debt on rating watch negative
Fitch Ratings has placed Assicurazioni Generali SpA's (Generali) senior and subordinated notes on Rating Watch Negative (RWN). At the same time, the agency has...
Canopius : relaunches Bermuda platform
Following last week’s sale of Canopius Holdings Bermuda Limited and its merger with Tower Group, Inc., Canopius Group Limited announces that its reinsurance platform...
Bluefin : broker of choice for Arts Quarter
Bluefin Insurance announces that it has partnered with Arts Quarter LLP to offer the UK arts sector advice and access to insurance deals for...
S&P : report says earnings of Saudi Arabian Insurers could improve in 2013
Prospects appear to be improving for Saudi Arabia's insurance industry, says Standard & Poor's Ratings Services in the report: "Insurance In Saudi Arabia In...
Ovum : research shows IT services market endured a dismal end to 2012
Last year was the worst for IT services contract activity since 2002, according to research from Ovum. Performance in the three months to the...
EIOPA and the World Bank sign agreement to develop global insurance sector
The European Insurance and Occupational Pensions Authority (EIOPA) and the World Bank have signed an operational Memorandum of Understanding (MoU) to cooperate on developing...
British Property Federation : A £1bn tax on growth – the cost of empty property rates revealed
The British Property Federation called for urgent action to boost investment in the built environment after new research revealed that Government’s tax on empty...
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