Investment

Zurich Completes Transformation Project with CapGemini

The insurance industry is changing at a rapid pace and those companies who don’t integrate and modernise their software systems risk being left behind. IT isn’t something that the customer can see, but it is […]

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Insurance claims

ABI key facts 2014 reveals £452m paid every day in claims

Revealing a range of data on claims payments and funds under management, the ABI’s latest key facts are led by the figure of £452 million which it says is paid every day to customers in the UK. […]

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Global insurance trends

JLT warns investors over Jordan/Syria axis

King Abdullah of Jordan is entering a critical period for his regime, claims Elizabeth Stephens, Head of Credit and Political Risk Analysis for global insurance broker JLT. The conflict between government forces and the Free […]

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Insurance & Reinsurance

No threat of ‘Russian Spring’ says JLT Analyst

Elizabeth Stephens, Head of Credit and Political Risk Analysis for insurance broking group JLT, explores what the fractious political atmosphere holds in store for Russia following the Presidential elections on 4th March. “This time last […]

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Insurance & Reinsurance

My top five headaches for the UK insurance industry

FOR THOSE RUNNING brokers and insurance companies in the UK non-life market, 2012 promises to be a challenging year with reputation topping my list of worries for the industry.

Issues ranging from closure of a £500m tax loophole to how major property exposures can be managed once a decades-old pact to insure buildings at risk of flooding comes to an end; these and more will all vie for directors’ attention alongside the day to day running of businesses typically located at the grudge purchase end of the high street.

With concerns both legislative and market-driven requiring considerable thought, here’s my top five insurance industry headscratchers. […]

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Insurance & Reinsurance

Something for personal injury lobbyists in 2011?

It took the insurance trade media a couple of weeks to notice that the Discount Rate was officially under review but this certainly got the defendant lobby talking amongst themselves with the actuaries pulling out their calculators first off. […]