Commercial
View from the top: Model for the future
Changing catastrophe models will continue to demand, not replace, underwriting expertise, says Matthias Horntrich, chief underwriting officer, international property, XL.
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
Post magazine – 13 October
This week the Post team reports on news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as sources suggest the sector is witnessing business-hungry…
Reputation protection cover for hotels
Willis, in conjunction with Kiln, has launched Hotel Reputation Protection 2.0, a policy aimed at limiting the financial fall out from negative PR.
Ecclesiastical shakes up property owners market with Crown Estate win - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as…
Atradius nominates Tesch as chief market officer
Credit insurer Atradius has nominated Andreas Tesch, chief market officer, pending approval of De Nederlandsche Bank.
Ex-KPMG insurance leader joins RSA as NED
RSA has appointed Alastair Barbour to its board as a non-executive director as of today.
Willis strengthens property investment team
Willis Group company Willis Limited has appointed two associates to its property investors division.
Lockton appoints business development exec
Insurance broker Lockton has named Mark Amos as a business development executive for its Edinburgh professions team.
Ablett outlines WCI modernisation goals
The newly installed master of the Worshipful Company of Insurers Tim Ablett has vowed to attract younger members and improve the WCI’s communications.
Aviva unveils new personal lines and commercial underwriting heads
Aviva has bolstered its underwriting, pricing and products team with four new senior appointments.
Swiss Re corporate aims for top 10 commercial position
Swiss Re’s new dedicated commercial arm is aiming to be a top 10 player for brokers in the corporate market.
Market moves: Insurers lead the recruitment charge
With the final quarter of the year kicking off this week insurers were the most active recruiters with a raft of hires and promotions. XL Insurance added three new members of staff to its burgeoning team in Europe, while a number of other players seized…
New Zealand faces mass withdrawal as earthquake claims stack up
Insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Axa wins multi-year commercial deal from Aviva
Axa Commercial Lines has taken a strategic step towards its £1.2bn GWP target by winning a three-year deal from Aviva, the incumbent insurer of 25 years, for commercial property owners, Bruntwood.
Focus on personal injury fraud means insurers missing the bigger picture
Law firm Beachcroft has warned that insurers are so focused on personal injury fraud they are missing large-scale credit hire scams.
Airmic set to work with XL and industry on refined non-disclosure clause
Airmic’s non-disclosure clause, launched in a flurry of publicity in June, has kick-started a debate that could see it replaced by one drawn up by XL Insurance.
Staddon resurfaces at motorcycle specialist Devitt
Former British Insurance Brokers’ Association boss Peter Staddon has vowed to make Devitt “a force to be reckoned with” after joining as personal lines executive director.
BIS 2011: Underwriting no longer the preserve of Oxbridge grads
The future of underwriting rests in the hands of graduates with strong numeracy skills and business understanding, who are willing to embrace specialist areas of the industry.
BIS 2011: Industry must up government lobbying or risk unsustainable losses
Stronger engagement with national governments is essential to overcome the current insufficient focus on natural disaster mitigation and to push through long-term reforms that will help reduce total event cost.
Post Magazine - 06 October 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.