Major loss

Flight MH370 loss could impact war risk rates

If Malaysia Airlines' Flight MH370 is classified as a war loss, it would be one of the largest since the 2001 attacks on the World Trade Centre and would likely lead to rate to rate increases in war policies, according to S&P.

BIA Countdown: 20 years of commercial lines

As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to commercial lines specialists who have experienced wins over the years, asking them how the industry has changed since the first BIAs in 1994.

More than $3.5bn Perils-based limits at risk

Perils AG has hailed the success of its industry loss index service, with the firm’s head of products describing it as “the industry loss trigger of choice” for transferring European storm risk to reinsurers and capital markets.

First Recovery teams up with Composite Legal Expenses

Disaster recovery company First Recovery, in association with Composite Legal Expenses, is set to launch what it says is a "unique" insurance policy at this year's British Insurance Brokers' Association conference.

Crawford dropped from Axa household panel

Axa has axed Crawford & Company as the main supplier of loss adjusting services for household insurance claims after four years, while GAB Robins and Cunningham Lindsey remain on its books.

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