News
Insurance
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
Insurance
Telematics is improving risk assessment and fraud detection in motor insurance, but car manufacturers will be core to allow for further innovation in the segment. 24 November 2016
Insurance
Generali is aiming to generate at least €1 billion in cash from leaving unattractive markets and plans to reduce costs in mature markets as it prioritises efficiency and profitability over size. 23 November 2016
Insurance
Progressive insurers are quickly grasping the potential of telematics to both cut claim costs and get closer to their customers. But further innovation will require a partnership with manufacturers. 23 November 2016
Insurance
The main driver of premium growth in both the life and non-life sectors is expected to come from emerging markets, in particular Asia, according to Swiss Re. 22 November 2016
Insurance
UK motorists are expected to be hit with price rises to their insurance policies in 2017 for the third year running, according to EY’s bi-annual UK motor insurance results seminar. 22 November 2016
Insurance
The Association of British Insurers (ABI) has appointed Amanda Blanc, group chief executive of AXA UK, as the new chair of its general insurance council (GIC). 22 November 2016
Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company. 22 November 2016
Insurance
The Association of British Insurers (ABI) is looking to help expand the industry’s opportunities to trade after the Brexit vote by identifying eight countries as priority markets. 21 November 2016
Insurance
Tokio Marine, the holding company of Tokio Marine & Nichido Fire Insurance, which owns Tokio Millennium Re, has boosted its net income attributable to its parent company by 69.6 percent year-on-year in the second quarter (July-September) to ¥155.2 billion ($1.4 billion) and raised its full year targets. 18 November 2016
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