Axa
JLT boss draws parallels between terrorism and flood insurance
The Government’s £200m cuts on flood defences could have a catastrophic effect on the commercial property market by making flood insurance unavailable.
Axa: homeowners in flood risk areas are underpaying for insurance by 58%
Household insurance for homes in high flood risk regions is being subsidised by £511 each year, according to Axa. This means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect their homes against flooding.
RSA looking for repair supplier
RSA has kicked off a tender process to find a repair supplier for its commercial property claims, Post has learnt.
Legal review of the year: Less doing more
Consolidation among insurance law firms was the hot topic for 2010, as they try to meet insurers' demands. Veronica Cowan reports on an interesting year.
Towergate reacts to deputy CEO Blanc's departure to Axa
Towergate has responded to the news that Amanda Blanc is leaving the company to join Axa.
Towergate deputy CEO Blanc returns to Axa as commercial boss
Axa UK has confirmed Amanda Blanc will return to the firm as CEO of its commercial lines business which includes its distribution arm, Bluefin Insurance.
Munich Re is exposed to €2.4bn of Irish bonds
City AM has reported that Munich Re has been exposed to €2.4bn (£2bn) of Irish government bonds – around 1.2% of its total non-linked assets.
Axa appoints new COO
Axa UK has named Kevin Murray as its new group chief operating officer.
Postscript - Five years ago: Restaurants left without any cover
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
Underwriting Service Awards 2010 - QBE scoops team of the year
Over 200 underwriters packed into the Grange City hotel in London last night for the inaugural Underwriting Service Awards from Post, rewarding excellence and achievement in general insurance underwriting.
PSTF: Swiftcover brand boosted by non-insurance Iphone app
Swiftcover has strengthened its brand through placing itself at the "forefront" of the Iphone app industry according to a senior figure at the firm.
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
Penny Black's insurance week
Penny dragged her aching bones off to the world-famous Pineapple Dance Studios in London's Covent Garden for a spot of Latin dancing with the ladies of SSP and a select few from the insurance sorority.
Zurich loses Purple panel spot
The Purple Partnership has made the second change to its core commercial insurer panel since its launch almost three years ago.
EU retreat on insurance VAT exemption reform
The European Union has announced that it is unlikely to push forward with the reform and simplification of the VAT exemption on insurance and the wider financial services industry.
Groupama names new PL development underwriter
Groupama Insurances has appointed former Axa assistant product manager Julian Abson as its new personal lines motor development underwriter.
Travel insurance premiums start to rise - as predicted
Peter Hayman, director of travel insurance specialists P J Hayman, has commented on the announcement that Axa is to increase its insurance premiums.
Penny Black's insurance week
The first day at a new job can certainly be stressful, what with new colleagues and a host of new challenges.
Editor's comment: Rok's troubles raise issues
The news this week that building firm Rok had filed for administration will certainly have raised some questions among the insurance fraternity.
Clients switch as PwC lines up 50 bids for Rok
More than 50 interested parties are in the running to purchase all or part of beleaguered building repair firm Rok, administrator Pricewaterhouse Coopers has revealed.
Commercial property - valuations: Wide of the mark
With recent figures suggesting as many as 77% of buildings are currently underinsured, Rachel Gordon investigates the root causes and potential solutions.
High net worth - distribution: Defending their niche
Following reports in Post that the mid and high net worth markets have been experiencing an increase in competition and downward pressure on rates, Ralph Savage discusses what reaction this has elicited from insurers and brokers in terms of their…
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Bluefin puts Elite into run-off
Bluefin is putting its Elite underwriting facility for SME business into run-off.