RSA is withdrawing from three of its business lines as part of a restructure of its specialty and wholesale business.
When extensive renovations are carried out on properties fire poses a risk. Rachel Gordon investigates what insurers are doing to mitigate this happening.
Barbican’s syndicate will withdraw from property, marine cargo and hull, and professional indemnity insurance.
Gallagher’s purchase of a controlling stake in UK specialist property broker, Vasek, is the third acquisition made by the company’s UK retail arm this year, but it shows no signs of stopping just yet.
Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property broker Vasek Insurance Services.
Insurers are seeing a spike in people claiming improper installation of cavity wall insulation. Is this the new money spinner for CMCs?
Axa has agreed a £30m three-year capacity deal with SME managing general agent Origin UW.
A week on from Hurricane Michael making landfall in Florida, estimates of the cost of the are beginning to emerge, running to as much as $21bn (£16.25bn).
Global specialty insurer, Starstone have announced that they have appointed John Hendrickson as group CEO.
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.
In 2017, the combined underwriting results of the largest 100 UK non-life insurers improved but remained in the red. How well did insurers perform under pressure from strong competition and unfavourable claims trends?
People who want to insure their home can’t always answer technical questions about their property. Insurers are calling on digital technologies to overhaul the whole application process
Injuries and damage potentially caused by dogs can be covered by pet or household policies. But there is a market for liability products, if not for owners, definitely for canine businesses
Closing the gap between the commercial and personal lines insurance sectors in the battle against fraud is a growing priority. Sara Costantini, director at Crif Decision Solutions, looks at what can be done now and where might the future priorities lie.
Global reinsurers have turned to mergers and acquisition deals over the last year in order to remain relevant in the face of challenging market conditions, but S&P maintains a neutral view on this trend.
The Construction Industry Council has launched a survey to assess the impact of the Grenfell fire on insurance cover for the construction sector.
The insurance and reinsurance industry is braced for losses as category 4 Hurricane Lane continues to track towards the islands of Hawaii.
Over half a million attempts at insurance fraud were detected in 2017, equivalent to one fraud every minute.
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20bn, 33% below the ten-year average of $35bn, according to Swiss Re Institute's preliminary sigma report.
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
After working with the European Federation of Loss Adjusting Experts for a number of years, Malcolm Hyde has taken on board the role as president.
Ryan Field is a loss assessor and found being thrown into a surge situation challenging but good experience
The French compensation fund has so far paid out more than €75m (£67m) to over 2600 victims and relatives of casualties of the November 2015 Paris terror attacks.
The anatomy of European flooding means insurers and reinsurers should model their potential losses across several countries, explains Dr Maurizio Savina, director at RMS.