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AXA Big Money Index : Underinsurance still a real threat as one in four hard-hit consumers will be ‘forced to make major lifestyle changes’
The first “Big Money Index” of 2013 from AXA finds that on top of two years of ‘significant cutbacks’, the next year will force...
Fitch Ratings : low rates may threaten EU life insurers’ business models
Prolonged low interest rates in Europe would threaten the viability of savings products with investment guarantees, traditionally a fundamental part of many life insurers'...
ABI : UK must lose its title of Whiplash Capital of Europe
Anyone claiming whiplash injury should be required to undergo examination by an accredited medical expert under proposals to curb the UK’s whiplash epidemic published...
Drewberry Insurance : workers underestimate risk of passing away during working life
In their recent Health & Protection Survey, Drewberry Insurance found that workers significantly underestimate their chance of passing away during their working life, which...
MIPIM 2013: economic climate leading to ‘sea change’ in property ownership
The banks’ retreat from UK property lending has made the role of institutional investors and public-private partnerships vital to the recovery of the sector,...
NFU Mutual : warns of shock rise in tractor theft
NFU Mutual is warning farmers to review their farmyard security following a sharp rise in tractor and quad thefts.
New figures from NFU Mutual, which...
HMRC : VAT victory over insurance broker promoters
The First Tier Tax Tribunal ruled on 11 March 2013 that organisers of broker clubs, which help member brokers gain access to better terms...
Impact Forecasting : new scenario models for Superstorm Sandy, Thailand flood, Japan tsunami and European windstorm
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of new scenario models to generate loss estimates...
VFM Fraud Index : a third of all claims investigated are fraudulent
The last three months of 2012 were the most fraudulent of the year, according to VFM Services.
The quarterly Fraud Index, which compiles data based...
CII : regional coverage of face to face training enhanced
Insurance professionals living and working in the north of England now have greater access to insurance-based CII face-to-face training. This includes exam revision, and,...
Fitch Ratings : Aviva results a Stark Contrast to UK life insurance peers
Aviva's announcement this morning of a second major cut in dividend payouts since 2009 - taking the opposite course from its peers - highlights...
Fitch Ratings : Groupama’s IFS Rating to ‘BBB-‘ upgraded
Fitch Ratings has upgraded Groupama S.A. and its core subsidiaries' Insurer Financial Strength (IFS) ratings to 'BBB-' from 'BB+'. Groupama S.A.'s Issuer Default Rating...
CII : new Chair of Claims Faculty Board
David Bonehill, claims and risk services director at Ecclesiastical Insurance Group, has been appointed as the new chairman of the Claims Faculty board of...
Insurance fraudsters jailed for organised claims scam
Two fraudsters who made thousands of pounds from fraudulent insurance claims have been jailed.
Shakir Javid was sentenced to three years in prison at Newcastle...
GAB Robins’ commitment to employee development marked with Investors in People Bronze accreditation
GAB Robins’ has been awarded Investors in People Bronze accreditation recognising its commitment to employee development and support, and for exceeding the core requirements...
Towergate : exclusive five-year Loss Recovery Insurance agreement with Lorega
Towergate has entered into a five-year agreement with Lorega, the pioneer of Loss Recovery Insurance, to exclusively provide its range of products to the...
The Law Society : controversial new road accident costs rules to remain as High Court action fails
The Law Society said that it regretted the failure of a High Court action brought by the Association of Personal Injury Lawyers (APIL) and...
Outsourcing effort equals bigger profits
Companies could save millions of pounds if they followed 18 key success factors for outsourcing products and processes, according to researchers at Portsmouth Business...
Aon : Transaction Liability Practice, helping clients navigate transaction risks and M&A issues
Aon Risk Solutions announced that it has formed Aon Risk Solutions’ Transaction Liability Practice in order to capitalize on the exponential growth in the...
Octagon supports insurance industry’s fight against fraud
Octagon Insurance Company has become the latest organisation to sign up as a member of the Insurance Fraud Bureau (IFB), bolstering the industry’s collective...
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