Commercial
Post Blog: The true value of awards
What's the value in winning an industry award?
Infrassure Switzerland and Liechtenstein sees capitalisation remain strong
AM Best has affirmed the financial strength ratings of A- Excellent) and the issuer credit ratings of “a-” of Infrassure(Switzerland) and its affiliate, Infrassure Vaduz (Liechtenstein). The outlook for all ratings remains stable.
GAB on "red" as it races to inspect riot areas in 24 hours
Loss adjuster GAB Robins plans to complete inspections of riot-ravaged areas across the country in the next 24 hours.
Industry welcomes riot claims period extension
The insurance industry has welcomed the Prime Minister's decision to agree to extend the period for policyholders to lodge claims from 14 to 42 days under the Riot Damages Act.
Axa Commercial targets record £1.2bn GWP by 2015
Outlining Axa’s strategy for the commercial lines business, CEO Amanda Blanc said that it aims to have a combined opertaing ratio of 95% by 2015.
Rapid growth sees Kazakhstan's Nomad Insurance assigned 'B-' rating
Fitch Ratings has assigned JBC Insurance Company Nomad Insurance an insurer financial strength rating of 'B-' and a national IFS rating of 'BB-(kaz)'.
Post history – 10 years ago: Database scheme for all UK claims
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Insurer estimates hit £750m as city riot damage racks up
RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims with the latest riot bill estimate hitting £750m, as Post went to press.
Solicitors’ PI squeezed further as Chartis exits new business
Chartis UK has blamed the high volume and cost of claims for its decision to stop writing new solicitors’ professional indemnity business this year but has not ruled out reversing its policy in the future.
Aviva rules out target change despite over-achieving
Aviva has pinpointed a much improved private motor result as being pivotal to it posting an above-target combined ratio of 96% (H1 2010: 98%) for its half-year UK general insurance business. But despite emphasising “strong continued momentum” in UK GI…
Interview - Keith Stern: Raising the regional profile of Lloyd's
Tasked with rejuvenating Lloyd’s in the UK, as others look to international expansion, Keith Stern talks to Leigh Jackson about raising its regional profile and how he plans to overcome some common misconceptions.
Legal expenses - Commercial cover: Two sides to the story
With the legal expenses sector about to undergo a massive shake-up, Jakki May looks at the changes, why some are welcoming them with open arms and why others
Post Magazine – 11 August 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Insurer estimates hit £750m as city riot damage racks up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories which include how RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims, based on market share, as the latest riot bill estimate hits …
Allianz commercial appoints chief casualty surveyor
Allianz Commercial has promoted Craig McLaughlin to the role of chief casualty surveyor.
FA to lose almost £1m for calling off England match
The Football Association’s decision to call off the England match against the Netherlands in light of the riots will cost them more than £900 000 in ticket sales because they failed to take out contingency insurance, according to a source close to Post.
Now Health International launches online quote facility for group IPMI
Now Health International has launched an on-line facility which it claims provides instant international health insurance quotes for up to 50 employees in seconds.
Chartis UK pulls out of writing new PI for solicitors
Chartis UK will not write any new professional indemnity business for solicitors, blaming the “continued poor claims experience” for its decision.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Insurance Insight August: Exclusive commercial property and captive domicile content now live
Insurance Insight August is now live with look at commercial property in the Benelux region; innovation in the captive domicile market; and an interview with Now Health International.
Insurance Insight Q&A: Martin Garcia, Now Health International
Martin Garcia has spent almost 20 years in the international private medical health market with over 10 years as managing director for Goodhealth Worldwide. As he returns to the market with his new venture as chief executive of Now Health International,…
Commercial property Benelux: the bottom of the market?
The commercial property market in Benelux remains soft but as premium hit rock bottom Sam Barrett looks to see if changes are on the way.
Argent Liability Adjusters move into bigger base in South West
Argent Liability Adjusters’ Bristol team are to move into new offices that are double the size of their current base.
Shadow Treasury minister tells Osborne to take Solvency II "more seriously"
Chris Leslie MP, shadow financial secretary to the Treasury, today called on the Chancellor to initiate higher level debate on the effects of Solvency II on UK consumers and business.