Property
Hiscox to enter aviation as it reports £10m Deepwater hit
Hiscox’s gross written premiums grew year on year by 6.4% in local currencies to £504.1m in quarter one 2010(2009 Q1: £486.5 m).
Gulf spill to harden US energy rates - MarketScout
The premium and corresponding rates for all lines of commercial property and casualty business in the United States were down 4% for the month of April 2010.
Heath wins contract with BSS Group
Heath Lambert has won the contract to provide all general insurance cover for industrial and domestic services specialist BSS Group.
Munich Re Q1 profits rise
Munich Re has reported a quarterly profit of €485m up from €437m in Q1 2009 due to large gains from the disposal of investments but natural catastrophe costs “unusually high.”
Axa UK motor book grows 31%
Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).
APC combines estate agent products
Underwriting agency APC has combined its specialist estate and letting agents products into one cover.
Claims Club News: Beware the apps backlash warns Williams
Any insurer considering introducing a claims app should be ready for a backlash warned David Williams, Axa's managing director of claims.
Keelan Westall to re-launch prestige broker club
The commercial property broker is to re-launch its Prestige Broker Club – a membership proposition for its top performing broker partners
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
Law reports: Tenant case underlines importance of evidence
Henley v Bloom (Court of Appeal — 9 March 2010)
View from the top: Last of the icy conditions?
It's been a hard winter for many — but particularly for insurers. Claims losses have been rising for several years and the recession isn't helping either. CIFAS, the UK fraud prevention service, says that 2009 saw a 55% increase in false insurance claims.
Kwik Fit's Meechan joins Tesco
Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.
Aviva continues search for corporate risk MD
Aviva is still searching for a managing director to lead its corporate risk solutions team four months after its launch.
PCI weighs in on Senate regulatory reform debate
The Property Casualty Insurers Association of America (PCI) has voiced concerns over the reform of payments into resolution funds.
JLT seeing “increasingly soft market”
Broker JLT held its annual general meeting on 29 April, stating its outlook is “encouraging” for the 2010/11 financial year.
Halo partners with Keychoice Network to launch car hire insurance product
Halo Insurance has partnered with Keychoice Network to access its 890 membership base as it looks to deliver a car hire insurance product to independent intermediaries.
25% commercial SME products now bought online
According to Defaqto’s latest report into commercial SME Insurance, almost a quarter of products available in the office and retailers market are now available online.
Gable in new French broking tie-up
AIM-listed Gable has signed a new agreement with its French broker, France Assurance Consultants, to provide a programme of property related risk insurance.
Gable in new French broking tie-up
AIM-listed Gable has signed a new agreement with its French broker, France Assurance Consultants, to provide a programme of property related risk insurance.
Congregational launches subsidiary MGA
Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.
New recruit at Markel to help grow accident and health business
Property and casualty insurer Markel International, has recruited Mike Bridgeman to head the development of accident and health business within its specialty division.
Fire engineered building solutions - A design for life
Fire engineering methodology has allowed increasingly creative architecture. Sam Barrett looks at the concerns it holds for insurers and the need for them to be involved earlier in the process.
Property claims - Conference news: Property repair should be more proactive claims CWMC MD
The property repair sector could be more proactive in introducing sustainable building practices rather than being coerced into change by new regulation, the managing director of claims management consultancy firm CWMC has advised.
Property claims - Conference news: Green 'sea change' must be considered
A change in consciousness towards climate change and wider green issues is driving a transformation in environmental standards and building design, according to Martin Townsend, director of BRE Environmental Assessment Method, BRE Global. BRE Global…