Europe
LSM launches fine art and specie in the Netherlands
Liberty Specialty Markets is to begin underwriting fine art and specie in the Netherlands.
LV confirms talks with Allianz over GI stake sale
LV has confirmed that it is in discussions with Allianz regarding a potential sale of a significant minority stake in the insurer’s GI operation.
Germany spurs Axa's first half global P&C results
Paris-headquartered insurer Axa's 2017 P&C results for the first half were buoyed by strong performances in Germany, its EMEA-LatAm business and Axa Corporate Solutions.
Blog: How to get rid of legacy systems
Insurers are aware of the hurdles associated with replacing legacy systems. But there are ways to make it a smooth and beneficial transition, as listed by Grzegorz Podlesny, senior manager at Sollers Consulting.
AIG's global commercial premiums fell 15% in Q2
US global insurance giant AIG posted a 102.7% combined operating ratio for commercial lines in the second quarter.
RSA UK underwriting profits fall by £59m in H1
Insurance giant RSA saw its underwriting profit take a £59m hit from the impact of the Ogden discount rate and other losses in H1, compared to the same period last year.
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
THB Group names Botelho as European director
Specialist insurance and reinsurance broker, THB, has appointed Rodrigo Botelho as director of its European division.
Blog: Travel insurance alone doesn't cut it for corporate clients
Corporate clients want travel insurance and travel risk management in the same place, says Chris Knight, head of corporate services at Cega.
Analysis: Killer cars
How is the industry reacting to emerging terror trends?
Italian regulator places broker Ariscom into special measures
The Italian insurance regulator has placed broker Ariscom into special measures.
This Week in Post: Vnuk is a four letter word
When my toddler says ‘fox’, it sounds very rude. I mainly laugh at it but I’m also a bit scared that the next time she spots a fox in our local park, she will point at it, proudly shouting ‘F***! F****!’
Blog: Caravanning, a journey to cross-selling lands
Caravanning clients offer brokers many cross-selling opportunities, writes Graeme Hamilton, head of leisure insurance at Jackson Lee Underwriting.
Gibraltar: Between a Rock and a hard Brexit
A minority of Gibraltarian insurers could suffer from the loss of European passporting rights but the territory could also attract companies looking to enter the UK market after Brexit.
Axa partners with Uber to provide employee cover
Uber and Axa have signed a partnership that will see France-based independent Uber employees receiving insurance cover for free.
Beazley's H1 profit up 6% thanks to speciality lines and investment gains
Lloyd's of London insurer Beazley reported a 6% rise in first-half pre-tax profit, thanks to growth in its US specialty lines business and investment gains.
This week: Planning, predictions and packing
I am most definitely a planner. Being organised usually tops my list of attributes in appraisals and most of my life as a busy working mum is run by lists. In fact the holiday I'm just about to fly off to has been two years in the planning.
Hannover Re completes acquisition of Lloyd's syndicate
German reinsurance giant Hannover Re has completed the acquisition of the UK holding company Argenta Holdings.
FSCS refunds £8.3m to Gable policyholders
Premiums worth £8.3m have been returned to former policyholders of Gable Insurance through the Financial Services Compensation Scheme.
Reinsurance rates fall in June and July renewals
Reinsurance market pricing has maintained the downward trend seen at the January and April renewals, despite first quarter deterioration for many reinsurers’ results, according to Willis Re.
Insurers face $22bn bill from first half nat cat losses, says Aon Benfield
The $22bn (£16.9bn) in insurer payouts from first half nat cat losses is 35% lower than the ten year average of $35bn according to Impact Forecasting - Aon Benfield's catastrophe modeling team.
Cupitt promoted at McLarens
Global loss adjuster McLarens has promoted Australia marine manager John Cupitt to head of the company's global marine division.
Firms that have made Brexit contingency plans may face difficulties, FCA says
The Financial Conduct Authority said Brexit contingency plans of some companies could cause them "difficulties" in future.
Blog: Making life-or-death decisions for your customer
Could you and your providers be trusted to come up with an innovative solution to save your customer's life, asks Chris Knight, head of corporate services, CEGA Group.