Commercial
Hurricane Isaac will not be a 'Katrina event'
Hurricane Isaac could cause up to £304m ($480m) in insured losses, experts have predicted.
Autonet to launch on aggregator Uswitch
Motor broker Autonet is to place several van insurance products on price comparison site Uswitch imminently.
US drought to create $20bn crop insurance losses
Catastrophe modelling firm Air Worldwide has estimated that the US drought could leave the insurance industry with a $20bn bill for the losses America's crop farmners have sustained.
Kwik Fit helps staff find new roles ahead of Glasgow consolidation
Kwik Fit Financial Services will press ahead with consolidating its insurance business in Glasgow, after revealing that the majority of the 170 employees affected by the closure of its Birmingham office have secured new positions.
Venezuelan oil refinery blast kills 48 people
An oil refinery in Venezuela went up in flames after three tanks exploded on Saturday morning.
Join Allianz, Groupama and Miller in 2012 insurance football tourament
The Prince's Trust is today calling on insurance companies to help tackle youth unemployment by taking part in the charity's annual fundraising football tournament.
Swiss Re unveils new Middle East and Africa boss O'Neill
Swiss Re has appointed Frank O'Neill as market executive for the company's reinsurance operations in the Middle East & Africa region, effective 1 January 2013.
Italian motor and property markets offer opportunities, according to new report
Italy stands at the crossroads of economic and social change, and therefore offers interesting opportunities for the insurance industry.
One Answer doubles office space to train staff and apprentices
One Answer Insurance has hired three apprentices while doubling its East Sussex office space for staff training.
Avantia rebrands non-standard home product
Online non-standard home insurance provider Avantia has revamped its Home Protect product in a bid to effectively communicate the benefits of immediate online cover to people, no matter their circumstances.
New Swiss Re office targets large corporates in the Benelux region
Swiss Re Corporate Solutions has bolstered its presence in the Benelux countries with the opening of an office in Amstelveen in the Netherlands.
Aviva action group calls for directors to resign
A group of Aviva policyholder activists and shareholders have called for four more directors to step down from the board just months after Andrew Moss, pictured, was forced to resign as chief executive.
America and Asia battle series of earthquakes
Several earthquakes hit California, the Florida Keys, Japan and China over the Bank Holiday weekend.
DLG revamps claims management system
Direct Line Group has taken another step towards revamping its claims business by launching the next phase in its end-to-end claims management system.
IAG maintains silence on UK business sale
Insurance Australia Group has stressed that writing off its remaining goodwill and intangible assets in the UK business is not necessarily a sign that it will sell that division.
Aviva: New jobs at risk "in line" with chairman's strategy
Aviva has claimed the 800 at-risk jobs among “middle management and below” are in line with its chairman’s plan to simplify the business.
Lorega chairman Harvey sails off into the sunset after 25 years
The chairman and director of the Lorega, Malcolm Harvey, pictured, has retired.
IT experts target six MGAs with new ‘shrink wrapped’ underwriting service
Insurance IT specialist Salmon has launched a new end-to-end underwriting service for managing general agent start-ups in a bid to make writing risk less “labour intensive”.
MMA poaches motor specialist from QBE
MMA Insurance has appointed Gary Clayton as senior motor trade underwriter with a remit for the South of the UK.
Autonet invests in leadership programme
Autonet Insurance is launching a leadership training programme within its managerial ranks aimed at improving their ability to motivate and inspire their teams.
Allianz retail boss jumps ship to join First Central as marketing director
First Central bosses have signalled their intention to strengthen the firm’s online offering following the appointment of former Allianz Retail head of direct business Andy James as group marketing director.
Laptops and televisions top the bill for most fraudulently claimed items
Bogus claims for lost, stolen or damaged iPhones have risen by 100 fold over the past two years, according to VFM Services.
American expansion gathers momentum at BMS following key hire
BMS has moved to further bolster its US reinsurance operation following the appointment of Chuck Hewitt to the joint role of senior producer, executive vice president and member of it stateside leadership team.
Ecclesiastical introduces rate rises after £14m underwriting loss
Church insurer Ecclesiastical plans to put up motor and household rates by up to 15% after posting a half year underwriting loss of £14.4m, which was more than double the £6m it was last year.