Commercial
Commission options: Getting your money's worth
To exist in today's market conditions, brokers must continue to focus on the remuneration they receive from insurers. Jane Bernstein looks at the options.
Beazley sees significant gains in reinsurance and property in Q1
Beazley has reported a 195% increase in premiums to $438.2m in quarter one 2010 (Q1 2009: $368.9m). It added average rates decreased by 1%.
Chaucer raids Brit for PI underwriter
Chaucer Syndicates has appointed Ian Noble as professional indemnity class underwriter for Chaucer Syndicate 1084.
Fortis UK CEO pleased with lot despite £1.8m Q1 net loss
Fortis UK this morning reported non-life and life premiums increased by 18.4 per cent to £234.9m (Q1 2009: £198.4m) in the first quarter of 2010.
Fitch more positive about German GI sector
Fitch Rating has today revised the outlook for the German non-life insurance sector to stable from negative due what it described as "increased investment income in 2009 and an increase in motor insurance premium rates in early 2010".
Fitch more positive about German GI sector
Fitch Rating has today revised the outlook for the German non-life insurance sector to stable from negative due what it described as "increased investment income in 2009 and an increase in motor insurance premium rates in early 2010".
Aviva sees "potential signs" of return to UK GI growth
Aviva today said it is "seeing signs of a return to volume growth" in its UK general insurance book.
Aviva sees "potential signs" of return to UK GI growth
Aviva today said it is "seeing signs of a return to volume growth" in its UK general insurance book.
Octagon enters van insurance market
Octagon Insurance has launched a van policy that will be sold via the price comparison site Go Compare.
RSA extends customer repair services
RSA Motor Operations has extended its customer repair network to include a range of specialist commercial vehicles.
Heath wins contract with BSS Group
Heath Lambert has won the contract to provide all general insurance cover for industrial and domestic services specialist BSS Group.
Allianz wins RK Harrison tender
Allianz has won a five-year contract with RK Harrison Insurance Services to underwrite its print protect and engineering protect accounts.
Medical specialist adds two more syndicates
The Medical Professional Liability Company has added two more Lloyd's syndicates to its medical professional liability underwriting facility.
IIB relaunches member legal advice line
The Institute of Insurance Brokers has re-launched its 24/7 legal advice line for members.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Crawford appoints EMEA legal chief
Crawford & Company has named Christopher Pinney head of legal for its Europe, Middle East and Africa and Asia-Pacific regions.
Chaucer expecting $25m oil spill hit
Lloyd’s insurance group Chaucer has estimated losses of $25m (£16.9m) to Syndicate 1084 due to the explosion of the Deepwater Horizon oil platform in the Gulf of Mexico.
Crawford appoints EMEA legal chief
Crawford & Company has named Christopher Pinney head of legal for its Europe, Middle East and Africa and Asia-Pacific regions.
Catlin confident Deepwater and Chile quake will have positive impact on pricing
Catlin this morning reported gross premiums written increased by 9% to US$1.3bn during the three month period ended 31 March 2010. Using constant exchange rates, gross premiums written rose by 5%.
Merlin raid bolsters Delta's UK coverage
Delta Claims Services has signed up Lesley Andrew as an owner operator to trade under the company's exclusive adjusting franchise model.
Catlin confident Deepwater and Chile quake will have positive impact on pricing
Catlin this morning reported gross premiums written increased by 9% to US$1.3bn during the three month period ended 31 March 2010. Using constant exchange rates, gross premiums written rose by 5%.
Chartis' Marr appointed IFB director
The Insurance Fraud Bureau has named Chartis vice president of financial crime Glen Marr as its new director.
Former RBS director joins Cifas
Chris McKee, former technical services director of Royal Bank of Scotland Insurance, is joining the Board of Cifas – The UK’s Fraud Prevention Service – as an independent director.