Commercial
Integro elects Byrne as chairman
John (Jack) Byrne, who led Fireman’s Fund and its former parent company, White Mountains Insurance Group, as well as Geico, has been elected chairman of the board of Integro.
Power Place goes live with fleet
Power Place has added fleet to its panel of products.
Dual expands P&C offering
Dual Corporate Risks has launched a packaged office product as the inaugural product from its new property & casualty division.
Allianz offers long-term defects cover for civil engineering projects
Allianz Global Corporate & Specialty has introduced a new long-term defects cover for civil engineering projects, aimed at bridges, tunnels, culverts and retaining walls.
Cat pool pays out to Anguilla
The Anguilla government has been paid $4.23m by the Caribbean Catastrophe Risk Insurance Facility following the passage of Tropical Cyclone Earl, which passed close to the island on 30 August.
Stakeholders agree flood roadmap
Environment minister Richard Benyon attended a flood management summit and met with insurers to discuss how best to ensure that insurance is widely available for homes at risk of flooding.
Ex Co-op MD joins RBSI senior team
Royal Bank of Scotland Insurance has appointed John Reizenstein as its new finance director, subject to regulatory approval.
RSA improves arson risk model
RSA has replaced its geographic risk assessment tool with a model that aims to more accurately determine the risk of arson for individual commercial and residential properties.
Hardy appoints property underwriters
Hardy Underwriting Bermuda has recruited two underwriters within its non-marine property division of its Lloyd’s Syndicate 382.
AA calls for government to resist spending cuts on flood defences
AA Insurance is urging the government to resist any temptation to cut spending on flood defences in its autumn comprehensive spending review.
Brit global markets unit promotes trio
Brit Insurance has made new appointments within its global markets strategic business unit.
Top line discipline "encouraging"
Reinsurers are showing promising signs of rate discipline, according to Equity analysts at Jefferies Research.
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…
Industry called on to agree fraud benchmark
Assessing fraud exposure against competitors is the benchmarking 'holy grail' for insurers but, as yet, no common means for comparison has been found.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
RSA backs prototypes in aim to double book
RSA is insuring ground-breaking technology prototypes in a bid to help it double its net written premium in renewable energy by 2015
Penny Black's insurance week
Last weekend Penny was rather royally entertained at Hampton Court Palace for one Peter Cullum's 60th birthday.
Legal update - insurance law reform: Out of pocket
Emma Rice looks at the proposed changes to insurance law, which currently does not recognise an obligation to pay damages over failure to pay claims, and what it could mean for insurers.
Compuquote launches courier offering
Compuquote has launched a courier product for brokers.
Oval buys media specialist
Oval has acquired media insurance broking specialists O'Neill and Bramwell.
Tradewise selects Auto Windscreens
Tradewise Insurance Services has re-appointed Auto Windscreens as its automotive glazing services provider.
Markel swoops for Hiscox US equine and livestock business
Markel is to acquire certain rights to the Hiscox Insurance Company animal mortality business which provides both equine and livestock coverage.
Board of Quinn Group said ban on UK commercial lines “should be reconsidered”
The Board of Quinn Group said it is very disappointed by the decision of the Central Bank and Financial Regulator not to allow the company to recommence writing commercial lines business in the UK and Northern Ireland.