Property
Towergate: bond issue is still on 'to do' list
Towergate is keeping the brakes on its £665m bond issue in response to little improvement in the financial markets.
Insurers signal motor rate rises are coming
More insurers are expected to take a close look at their personal lines motor book, following the news that loss-making NIG has drawn up a proposal to exit the business.
Nationwide to review household
High street building society Nationwide is undergoing a review of the household insurance market in a move that might unseat its long-term affinity partner Royal Bank of Scotland Insurance.
Mitie targets top spot in property claims sector
Strategic outsourcing specialist Mitie has unveiled ambitious plans to become the leading property claims company within five years, after announcing its entry into the market this week.
IFB and Police conclude household fraud operation
The Insurance Fraud Bureau and Lancashire Constabulary today concluded 'Operation Flash’ at Preston Crown Court.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.
QBE backs Towergate property book
QBE is to insure an arrangement for Towergate's commercial property owners business.
Aggregators “dominating” personal lines market
Research by advisory firm Deloitte has revealed that 40% of consumers have purchased a non-life insurance policy via a comparison site in the last year.
Ecclesiastical in Gloucester office move
Ecclesiastical has moved its Gloucester office to Gloucester Docks from Brunswick Road.
Underwriting Service Awards 2010 - rewarding insurance underwriting excellence
Post has launched the all new Underwriting Service Awards, designed to identify, reward and shine a light on the highest performing insurance industry underwriters across a number of different insurance specialisms. The winners will be announced at a…
DAS lands Paymentshield account
Legal expenses firm DAS has been appointed by Paymentshield to provide its landlords protection policy to its Letting Agents Solutions scheme.
RSA acquires 123 Money
RSA has completed the purchase of Irish personal lines broker 123 Money for a sum in excess of £54m.
Quadra appoints senior adjuster
Quadra Claims Services has named former Carr Greenwood Smith employee Iain Johnston as a senior adjuster.
Scor reports 19% growth at treaty renewals
P&C and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, whilst fully respecting the technical underwriting profitability criteria.
Beachcroft hails win in fraud case
A dishonest homeowner who exaggerated a contents claim, which was part of a larger claim for major repairs to his property after it was badly destroyed by a fire, has had the entire claim rejected at court.
How many letters?
Tim Evershed investigates the property and catastrophe market in the early stages of the Atlantic and Pacific hurricane seasons
New analysis: Rates decline at July renewals
Prices fell for most peak lines at the 1 July 2010 renewals, with moderate pressure on property rates in regions with catastrophe activity, writes Katherine Blackler
ABI confirms insurance fraud hit £16m a week in 2009
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers.
L&G promotes add-on policies
Legal & General is rolling out a campaign promoting the value of cover such as extended accidental damage, personal possessions and family legal protection that can be added to standard household insurance policies.
Law report: Claimant finds lies don’t pay
Yeganeh v Zurich Insurance Company (Queen’s Bench Division—24 May 2010).
Platinum Q2 income rises
Platinum Underwriters has released Q2 earnings that exceeded Wall Street's earnings estimates.
Postscript - 30 years ago: Alexandra Palace costs awaited
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Hurricanes - financial impact: A storm is coming
After a good year in 2009 for the reinsurance industry, Philip Alexander warns of the perils heralded by the Atlantic forecast for this year, as 2010 looks to be beset by stormy weather.
Interview - Glynn Keeling: Out from under the radar
With a high-profile Ebay affinity deal recently signed, Leigh Jackson met Autonet managing director Glynn Keeling to talk about the firm's foundations and its future plans.