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Property

RSA acquires 123 Money

RSA has completed the purchase of Irish personal lines broker 123 Money for a sum in excess of £54m.

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

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.

Chaucer in Buenos Aires

Chaucer has opened a new office in Buenos Aires, Argentina, to access facultative property and related risks in Latin America on behalf of Chaucer Syndicate 1084.

Ex-Erinaceous boss returns

Former Erinaceous boss Andy Halstead has returned to the insurance market with a new property venture called Rent On Time.

ABI: liability classes lead rise in fraud detection

Figures from the Association of British Insurers published this week are expected to reveal the amount of insurance fraud detected and prevented last year by its members rose again, reaching a total of 122 000 cases — up from 107 00 in 2008 — with a…

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