General Ins - Latest News

Search Results Page 1 of 3.

1 2 3 Next Last

Insurers face margin crush if premiums cannot be hiked

A sustainable margin recovery looks increasingly challenging for European insurers, according to new analysis by Bloomberg Intelligence, with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.
Posted on Monday May 13

Cost of living crisis has millions taking on a second job

One job is not enough for 5.2 million UK workers as the cost of living crisis continues to bite, with a further 10 million workers considering taking on another job if costs continue to rise. Working more hours not a realistic option for over a quarter (28%) of full time employees already working over 48 hours a week. Day to day costs are taking their toll with nearly a third (31%) of people already having to spend money they don’t have, borrowing or using their bank overdraft. Over three fifths (64%) say they’re overwhelmed.
Posted on Tuesday Sep 27

Insurers warned do not be behind the curve on climate change

A new report from LCP highlights risks relating to climate change are not being sufficiently prioritised by many insurers, despite new reporting regulations from the government coming down the tracks.
Posted on Thursday Aug 5

Insurers there for as long as it takes after Storm Desmond

Insurers are today setting out the six key stages in getting those affected by flooding back into their homes and businesses as soon as possible, as the important process of drying out and repairing properties gets under way.

Posted on Thursday Dec 10

Standard Life launches UK-wide financial advice business

Standard Life announces the launch of its wholly-owned, UK-wide, financial advice business - responding to fundamental changes that are driving unprecedented demand for advice from customers.
Posted on Friday Feb 6

5 key IT security trends for 2015

Ian Kilpatrick, chairman Wick Hill Group, specialists in secure IP infrastructure solutions, looks at five key IT security trends and solutions for 2015
Posted on Tuesday Feb 3

Travelers Appoints Jacqueline Hall-Shaw

Posted on Tuesday Jan 27

Buck Consultants at Xerox Announces Senior Appointments

Posted on Tuesday Jan 27

Georgy Matov joins Towers Watson from Zurich

Posted on Tuesday Jan 27

Phil Smaje Appointed Chief Broking Officer for Willis GB

Posted on Tuesday Jan 27

Royal London announces non-exec director: Sally Briidgeland

Posted on Tuesday Jan 27

Barnett Waddingham appoints two new associates

Posted on Tuesday Jan 27

A New Year Resolution (of Doodles and Trees)

A while back I was pricing a reinsurance contract. It was a fairly simple one. I used the data I had to estimate the chance of a large claim. Then I used the data again to choose how large the large claim would be. Finally I did some simulations (in R of course) and worked out the estimated loss to the layer and also the 95th percentile (which happened to be quite important).
Posted on Wednesday Feb 27

AON and Man Utd in China on people engagement for success

Aon and Manchester United Demonstrate Engagement in Action
Jointly held media gathering in Shanghai discusses management practices to increase success
Posted on Wednesday Jul 25