Insurer
Zurich confirms on risk for Allied Carpets blaze
Zurich has confirmed that it is the insurer for the Allied Carpets building that went up in flames on Saturday evening following riots in Tottenham, London.
Walker Agency launches Castle Cover mobile website
Walker Agency has completed the development of a new mobile website for Castle Cover, the 50+ insurance specialists.
Now Health International launches online quote facility for group IPMI
Now Health International has launched an on-line facility which it claims provides instant international health insurance quotes for up to 50 employees in seconds.
Latest riot bill estimate hits £750m
Large insurers are estimating that the widespread rioting across the UK could cost industry as much as £750m.
Europe's senior-level professionals pack work for their holidays
Europe's senior-level managers and executives are bringing work with them on holidays according a recent survey.
Terrorism remains major threat to insurance industry
The reinsurance industry continues to meet the current demands for terrorism risk transfer despite high levels of terrorism according to a new report.
Weather related catastrophes hit Markel's COR
Markel International has reported gross written premiums of $227.7m for the quarter ended 30 June 2011, compared to $187.2m for the second quarter of 2010.
Industry faces £200m bill from weekend riots
A technical insurance expert has estimated that the bill purely from the weekend damage caused by the rioting in London could top £200m for the industry, Post has learnt.
Riot victims urged to speak to brokers
The British Insurance Brokers’ Association is advising those people affected by the recent riots around the UK to speak to their insurance broker as soon as possible so they can assist with their loss.
Terrorism remains a risk warns Guy Carpenter
Recorded incidents of terrorism around the world remain at historically high levels and terrorism remains a serious risk to the insurance and reinsurance industry Guy Carpenter has warned.
Markel's 107% COR hit by catastrophes
Niche property and casualty insurer Markel blamed catastrophe losses of $99m for adding 10 points to its combined ratio, taking it to 107%, up from 102% for the same period last year.
Ernst & Young appoints former RBS employee as global insurance leader
Shaun Crawford has been appointed to lead Ernst & Young’s Global Insurance practice and Global Insurance Centre in London and New York.
Insurance standards improving report finds
For the first time since its inception in 2006, the annual Insurance Manager survey into insurance industry standards indicates things are getting a bit better.
Centre for Justice appoints insurance panel
Centre for Justice, an adjudication service for business, government and the public, has responded to requests from the insurance industry by unveiling a new panel of experts with insurance sector expertise.
London riots could cost industry “several tens of millions of pounds”
Damage from the London riots will cost insurers “a lot of money”, Alister Jupp, major loss London director at Cunningham Lindsey has told Post.
Sportscover backs Wembley's world badminton
Sportscover is the official insurance partner the Yonex BWF World Badminton Championships at Wembley Arena, London.
Chartis UK pulls out of writing new PI for solicitors
Chartis UK will not write any new professional indemnity business for solicitors, blaming the “continued poor claims experience” for its decision.
Royal London exits Liverpool axing 222 jobs
Royal London is to close the old Royal Liver offices in Liverpool making 222 staff redundant.
QBE promotes Judy Holt to top job in broker development
Australian insurer QBE has promoted Judy Holt to head of UK broker development, putting her in charge of strategy and delivery of the broker channel in the UK.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Marketform hires new CFO
Lloyd’s insurer Marketform has announced the appointment of a new chief financial officer, Paul Guiry, who replaces long standing CFO, Roger Doubtfire, on his retirement.
Household water leaks cost £2bn
According to the Association of British Insurers, 9.7 billion litres of water leaked into UK homes over the course of a year – enough to fill 3,880 Olympic size swimming pools.
RBSI “committed” to double digit COR
Speaking to Post following the announcement of its half year results for 2011, which saw the insurer net an operating profit of £139m, Paul Geddes chief executive said its claims process would contribute to this.