Commercial
Holman's appoints new managing director
Lloyd’s broker John Holman & Sons has appointed Angela Tjay Mazuri as managing director.
Mapfre agrees €446m bancassurance deal with Caixa Catalunya
Spanish insurer Mapfre has agreed to jointly develop a range of insurance and pension products with Caixa Catalunya in a deal worth €446.8m (£403.3m)
Mapfre agrees €446m bancassurance deal with Caixa Catalunya
Spanish insurer Mapfre has agreed to jointly develop a range of insurance and pension products with Caixa Catalunya in a deal worth €446.8m (£403.3m)
Chubb relaunches liability cover
Chubb Insurance has revamped its liability cover for businesses with the launch of Fore Front Plus that aims to better reflect the potential risks and liabilities faced by organisations.
Adrian Flux commercial vehicle line goes live
Transactor Global Solutions open market commercial vehicle quotation system has been implemented by Adrian Flux Group, to run alongside its existing motorcycle and private car lines of business.
Power Place appoints regional heads
Power Place has restructured its 36-strong field based sales and consultant team into three distinct regions, each to be managed by three newly appointed senior regional managers.
Hardy records 78.1% combined ratio
Hardy Underwriting Bermuda has reported profit before tax and foreign exchange movements of £26.7m (2008: £4.4m).
Construct a Quote warns businesses on EL plans
Business insurance comparison site Construct a Quote has warned UK businesses that proposals to introduce an Employers Liability Insurance Bureau will not excuse of them of their obligations to staff.
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.