Commercial
UK General announces restructure of its branch network
UK General has unveiled the latest stage of its strategy for the SME commercial market, confirming Fortis as capacity provider for SME business and rural.
RSA warns manufacturers over rising order risks
Insurer RSA has warned manufacturers of the risk of a sudden surge in large and untypical orders as the sector’s fortunes improve.
Aviva UK GI book shrinks by over £1.1bn in 2009
Aviva UK's general insurance operating result fell to £520m (2008: £642m) in 2009. Its combined operating ratio remained static at 99%.
Aviva UK GI book shrinks by over £1.1bn in 2009
Aviva UK's general insurance operating result fell to £520m (2008: £642m) in 2009. Its combined operating ratio remained static at 99%.
Postscript - 30 years ago: Highest fire figures are disclosed
The highest total ever recorded in one month for the estimated cost of fire damage in Great Britain (England, Scotland and Wales) was disclosed in the British Insurance Association's recent figures as the total reached £58.5m.
Broker Technology - Motor: Making IT accurate
The British Insurance Brokers' Association is urging its members to sign up to DVLA vehicle registration validation technology. Stephanie Denton looks at why 80% of regional brokers don't use it.
Broker Focus - International Networks: Rings around the world
Joining an international network can bring huge advantages for a UK-based broker. Rachel Gordon reports on the benefits involved.
Professionalism: Aldermanbury Declaration - Something to declare
The Aldermanbury Declaration sets out some ambitious proposals. Lynn Rouse reports on the ideas put forward and details the task force's vision for 2013.
Helphire in talks to cut non-GTA deals
Credit hire operator Helphire has revealed it will complete scaling down its business by June, after posting a loss of £400 000 in the second half of 2009.
Biba looks to reintroduce midwife cover
The British Insurance Brokers' Association is poised to enter talks with the three members of its professional indemnity broker panel to reintroduce cover for independent midwives.
Alway: SBJ experience makes Capital Z a good investor
Jelf has outlined plans to use funds from its share issue and a new debt facility to fund a renewed acquisition drive.
IAG profits tumble in first half results
Profit at IAG's UK operation fell A$53m (£32m) to A$22m in the second half of 2009, compared to a year earlier.
Amlin bolstered by acquisition return
Amlin's acquisition of Fortis group's Benelux-based corporate insurance operations contributed to the Lloyd's insurer reporting a record pre-tax profit of £509.1m in 2009 — up from £121.6m in 2008.
Hiscox despairs over Tory FSA proposal
Hiscox's chairman has credited a three-fold increase in annual profits on responsible investment strategy, a cautious approach to underwriting catastrophe-exposed risk and a benign mother nature.
Allianz ups motor rates by 24% in 2009
Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.
RBSI catches a claims "cold"
Royal Bank of Scotland Insurance has reported its first ever quarterly loss during the last three months of 2009, blaming the "industry phenomenon" of the UK claims environment for a £170m hit.
Howden seeks Oval or HSBC-sized broker takeover move
Howden is on the lookout for a "sizeable" acquisition, comparable to HSBC Insurance Brokers and Oval, to enable it to compete as a retail broker in the UK market.
Lloyd's players on IPL terrorism cover
A policy covering the risk of terrorism during the Indian Premier League thought to be worth $1.5m (£1m) in premium will be placed on the Lloyd's market, Post has learnt.
RSA seeks credit hire efficiency
RSA is exploring the use of bilateral agreements as way to drive efficiency into credit hire arrangements.
£3m pledged by ABI to help research asbestos
Insurers have pledged £3m to support research by the Ministry of Justice into asbestos- related diseases.
Cunningham Lindsey in staff pensions consultation
Loss adjuster firm Cunningham Lindsey is in consultation with staff over plans to close its final salary pension scheme to more than 300 members, Post has learnt.
Industry challenged to meet 2013 deadline
By December 2013, every single UK broker and insurer will exceed a minimum threshold in terms of the number of their staff qualified to advanced diploma level. That is the vision of the Insurance Profession Task Force that has today unveiled the…
Former NIG manager joins Arista
Commercial lines underwriter Arista Insurance has appointed Neil Wormald as broker development manager for the North East.
Fitch: French windstorm losses material, but managable
Fitch does not expect losses from the catastrophe to result in a material capital erosion for the French insurance market. The agency expects that the rating actions due to the storm are likely to be limited.