Property
E-cigarettes: The new asbestos?
The use of e-cigarettes, or vaping, has grown exponentially since they appeared on the market 10 years ago. When it comes to covering the associated risks, are insurers and brokers playing with fire?
Insurtech start-up targets barriers faced by Generation Rent
An insurtech start-up will enable tenants to take up a rental contract without putting down a deposit.
Allianz sees drop in operating profit due to high catastrophe claims
Allianz has experienced a drop in operating profit in its property and casualty business due to a high number of catastrophe claims.
Blog: Insurers must watch how they use Big Data
The Financial Conduct Authority has found no pressing issue with the way insurers use Big Data but is still keeping an eye on it.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Esure reports 15.9% rise in Q3 gross written premiums
Esure Group has reported a 15.9% rise in gross written premiums for the first nine months of 2016.
Direct Line Group sees GWP rise by 4.2%
Direct Line Group has seen a 4.2% rise in gross written premiums in the first nine months of the year, compared to the same period last year.
Over-50s: Targeting a mature market
For insurers, targeting the over-50s market would appear to be a no-brainer, not least because there are so many of them.
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
Lloyds outsources claims management to Innovation Group
Lloyds Banking Group has outsourced its subsidence claims to Innovation Group, Post understands.
Esure shares fall after Go Compare demerger
Shares in UK insurer Esure fell 28% on opening on Thursday following completion of its demerger with price comparison website Go Compare.
Government needs a joined up approach on flooding, says IFoA
A more joined up approach is needed to tackle the long-term threat of flooding, says the Institute and Faculty of Actuaries.
Towergate renames London broking business
Towergate has renamed its London Market broking business as Bishopsgate.
New course addresses impact of flooding on children
The British Damage Management Association has launched a new training course to improve the experience of children & young people after flooding.
Customers' home insurance will not be 'invalidated' following Samsung recall
Insurers have warned customers to respond to Samsung’s recall of Galaxy Note 7 devices but have assured them that their homes will still be covered in the event of a fire.
Blenheim brings together former Cathedral team
Blenheim syndicate has confirmed new appointments in its property treaty and direct and facultative property teams.
AA urges chancellor to 'keep his hands' off IPT
The AA has urged chancellor Philip Hammond to “keep his hands” off Insurance Premium Tax as the insurer's latest British Insurance Premium Index reveals a mixed bag for homeowners.
AIG raises property terrorism limits to $1bn
American International Group has raised its property terrorism insurance limits globally to $1bn (£800m).
The gig economy needs cover as flexible as it is
In the good old days, the point where work ended and leisure began was obvious. Home and office were clearly defined spaces, and uniforms, working hours and management structures all helped to reinforce these boundaries. But those days have gone and in…
Blenheim Syndicate launches with capacity of £150m
Blenheim Syndicate has been granted permission by Lloyd’s to launch, with a capacity of £150m for year one.
UK home insurers set to face drop in profitability, says EY
After eight years of good earnings, the profitability of the UK home insurance market is set to plummet as insurers prepare to experience a barely profitable 99% net combined ratio.
Digital Insurance World 2016: Connected home offers insurers huge opportunity to tap
There is a huge opportunity for connected home insurance with three-quarters of consumers being interested in monitoring their home via a mobile app, according to a survey by Consumer Intelligence.
Century launches new underwriting division
Century Underwriting has launched a liability underwriting division and made two senior appointments.
Legal & General and Prestige join forces on home market
Legal and General has teamed up with Prestige Underwriting Services to tackle the ‘non-standard’ home market in the UK.