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Minister Spelman hints at flood deal with ABI, rejecting pure risk-based pricing

Environment minister Caroline Spelman, pictured, has told the Association of British Insurers’ property conference that the idea of flooded households being left to fend for themselves is unacceptable...

Insurer | 22 May 2012 secure

Secretary of state for environment food and rural affairs Caroline Spelman
malcolm-harvey

Lorega backs policyholder legal battle with Davies

A Welsh policyholder's four-year dispute with Davies Group over its alleged mis-management of his property claim represents "the tip of the iceberg", according to Lorega chairman Malcolm Harvey, who has agreed to take up the case free of charge.

Claims | 21 May 2012 secure

Graphic showing rise in money

Hardy gets tough on property treaty with 19.1% rate rises

Hardy Underwriting has reported that gross written premiums for its syndicate have decreased by 21.5% year on year, primarily as a result of discontinuing certain underperforming lines of business and a reduction in catastrophe risk appetite.

Lloyd's/London | 17 May 2012 secure

singapore

Ascot Asia takes on RSA boss as head of property

Ascot Underwriting has appointed Jon Gilliott, RSA Singapore's head of property, reinsurance and speciality, as head of underwriting for its Asian operation.

Insurer | 15 May 2012 secure

sold-on-seo

Marsh sells portfolio of four businesses to R K Harrison

Marsh has reached an agreement to sell a portfolio of four businesses within Gibbs Hartley Cooper, a part of Marsh UK, to R K Harrison.

Broker | 02 May 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

ISA webinar

Free webinar: The property and casualty market in south east Asia

Post and Insurance Insight in conjunction with the Chartered Insurance Institute recently held a free webinar on the property and casualty insurance markets in south east Asia.

Insurer | 20 Apr 2012 secure | screening image

Pinpoint positioning

In series Competitive edge: Pinpoint positioning through geospatial and big data

The insurance industry must combine a geospatial approach with big data analytics to stay ahead of the competition.

Insurer | 17 Apr 2012 secure

Taylor Wimpey houses

Farr warns of housing association claims

Housing association insurance broker Farr has warned that premiums in the sector – currently at the lowest level for 10 years – could be about to rise by as much as a fifth.

Broker | 13 Apr 2012 secure

England Australia cricket match

QBE move for Brit secures broker backing as deal doubles regional GWP

Acquiring Brit UK's renewal rights is Australian insurer QBE's biggest UK deal in more than 10 years, and signifies its commitment to becoming a major player in the regional broker market insuring SMEs.

Insurer | 10 Apr 2012 secure

Jonathan Swift

Editor's comment: Rewriting the Riot Act

I thought April had come early when I saw last week's headlines praising insurers for their handling of the riot claims for 2011.

Insurer | 03 Apr 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
big-small

In Series Competitive Edge: Size isn't everything in underwriting

In the cut-throat property market, the agility of smaller insurers can give them an edge over their larger rivals when underwriting.

Insurer | 03 Apr 2012 secure

roundtable-main

Claims Roundtable: How can insurers innovate to win the retention race?

In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.

Insurer | 27 Mar 2012 secure

paul-leader-gary-field-and-paul-williams-allanfield-group-cropped

Allanfield expands real estate team

Property insurance broker Allanfield has named Paul Leader, left in phot, and Paul Williams, right, as managing directors of companies in the Allanfield group.

Broker | 22 Mar 2012 secure

hong-kong-vertical

Axa/QBE deals likely to pave way for onslaught of investment in Far East

The multimillion-pound deals struck in South East Asia by Axa and QBE last week produced the first ripple of what is expected to grow into a tidal wave of investment enquiries in the fast-growing region.

Insurer | 13 Mar 2012 secure

Privilege website

Website review: Privilege

Actress Joanna Lumley might tell viewers that you don’t have to be posh to be privileged, but how does its website stack up against the rest of the market?

Insurer | 13 Mar 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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