Commercial
Blog: If Hurricane Andrew II hit Miami today
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.
Validus adds RSA to its subrogation community
RSA has become the latest insurer to sign up to Validus' Verify portal.
Ascot launches specialty MGA Ethos
Ascot Group has created a standalone managing general agent and appointed Michael Sillat as CEO, effective 1 December 2017.
Airmic's John Ludlow on the success of the Insurance Act
John Ludlow, CEO of the Association of Insurance and Risk Managers, looks at the successes and failures of the Insurance Act, which came into force a year ago.
HDI Global eyes up international expansion as premiums top £2.5bn in H1
German commercial insurer HDI Global has reported gross written premiums of €2.8bn (£2.5bn) as the business continued to grow in the first half of 2017.
LMA launches working party to tackle banking regulations
The Lloyd’s Market Association has launched a political risk working group to examine regulatory issues affecting banking sector.
Fiducia opens Birmingham office and launches marine trades facility
Managing general agent Fiducia has opened a new office in Birmingham and launched a comprehensive marine trades facility for the UK regional marine market.
Allianz's Jon Dye and LV's Steve Treloar on why they have joined forces
Joint venture agreements can bring challenges as well as benefits. Jon Dye, CEO of Allianz Insurance, and Steve Treloar, managing director of general insurance at LV, explain how their business will work together.
Blog: How independent brokers should deal with uncertainties
In an uncertain climate, the owners of independent brokerages need to plan their succession, urges Brokerbility chairman Ashwin Mistry, arguing this is for the long-term health of the whole insurance industry.
Bennett Christmas merges with Slade Edwards Insurance
Bennett Christmas is merging with Horsham-based Slade Edwards Insurance Brokers as part of its on-going expansion.
Legal Update: The Legacy of the Grenfell Tower Fire
Following the Grenfell disaster earlier this year Hill Dickinson partner Jonathan Anslow believes there is likely to be an influx of claims arising from the design, specification and installation of cladding systems.
UK General's Karen Beales on why MGAs are the 'new black'
Regulators are forcing insurers to make more efficient use of their balance sheets and allocate capital where it can deliver the most effective returns, this allows smaller players in the market the opportunity to fashion insurance packages for special…
This week in Post: M&A, Ogden misery and the Mobot
With London hosting the World Championships there has been a sports buzz about the city this week.
Khaitan to head up RSA's GRS business
Ex-Aspen head of change, Anny Khaitan, has been appointed as chief operating officer of RSA’s Global Risk Solutions business, after joining the insurer in July 2017.
Hastings vows further data investment as profit rises by 22.1%
Hastings has seen a 22.1% increase in H1 adjusted operating profit, as the company vowed to continue investment in its data-driven model.
Commercial insurers' claims handling failing SMEs
Commercial insurers are failing to give their SME customers a satisfactory claims experience, with 70% saying that their interim and financial claims amounts had not been agreed promptly enough.
Allianz UK sees drop in profits as COR improves marginally
Allianz UK saw its combined operating ratio marginally improve in H1 2017 despite deteriorating operating profits.
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
Blog: Travel insurance alone doesn't cut it for corporate clients
Corporate clients want travel insurance and travel risk management in the same place, says Chris Knight, head of corporate services at Cega.
Allianz launches on-demand drone insurance with start-up Flock
Allianz has partnered with start-up Flock to launch app-based on-demand drone insurance for commercial and recreational users.
Gibraltar: Between a Rock and a hard Brexit
A minority of Gibraltarian insurers could suffer from the loss of European passporting rights but the territory could also attract companies looking to enter the UK market after Brexit.
Public divided on driverless cars, study reveals
Over a third of the public are sceptical of driverless cars, with only four in 10 ready to embrace the technology.
Markel appoints Deepika Mathur to lead entry into Indian market
Markel International has appointed Deepika Mathur to lead its entry into the Indian market.