Property
Portevin switches roles and Carter to retire at Allianz's global commercial arm
Senior management shake-up at Allianz Global Corporate and Specialty.
R&Q announces capacity boost to £15m
R&Q Commercial Risk Services is boosting its long-term capacity agreement, which will see its total underwriting capacity increased to £15m.
Allianz pushes for £3bn GWP despite half year setbacks
Despite having a 3.6% drop in gross written premiums, Allianz is still aiming to hit a £3bn GWP target.
Disciplined approach to underwriting will drive growth, says Esure’s Vann
CEO of Esure Group Stuart Vann is targeting growth in the insurer’s portfolio, claiming that "now is the time to grow".
Esure's home COR hits 105% as adverse weather affects book
Esure profit before tax dropped 1.9% to £45.6m (2015: £46.5m) and its overall combined operating ratio worsened 3.4 percentage points to 99.2% for the six months ended 30 June 2016 as adverse weather events impacted the insurer's home book.
Car insurance premiums are back on the rise after Q1 dip, says AA
Car insurance premiums are back on the rise, according to the AA’s latest benchmark British Insurance Premium Index.
Lloyds Banking Group insurance profit hit by weather claims in H1 2016
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).
Expertise from A-Z: Sharing economy: Learning to share
With the sharing economy set to rocket in value over the next 10 years, the changing attitudes of the younger generation means insurers need to ditch their ‘one size fits all’ approach to insurance
Blog: Home insurers should look at data sharing before connected home
It's undoubtedly a challenging time for home insurers.
Floods six months on: as claims are settled, how resilient are repairs?
The Association of British Insurers says 90% of December's floods are settled and it supports the introduction of flood measures in building regulations
Blog: Subsidence, the forgotten peril
The year 1976 saw the first surge of subsidence insurance claims. Four decades later, why is subsidence the forgotten peril?
Blog: Cooking calamities - More than 38% of house fires start in the kitchen
Understandably, there is a great deal of focus right now on managing flood risks but looking at household fire claims, the number and cost of these claims have also changed quite significantly in a relatively short period of time.
LGBT Cover: Over the rainbow
Pride in London Parade takes place on Saturday 25 June and this year's theme is #nofilter, encouraging lesbian, gay, bisexual and transgender people to stop self-censoring and live their life as they are. To insure these customers as they are, do…
Digital: Gamification: Playing games
In the war for consumer attention, games could be a way to win over hearts and minds, and – most importantly – the customer’s time
Cycling: Reaching new summits
The London 2012 Olympics made cycling popular in the UK again but what effect has it had on the insurance industry supporting it?
Airmic 2016: Employees create biggest cyber risks
One of the biggest digital risks to companies is employees themselves, and senior management should think twice before authorising access to data systems.
Sharing Economy: Taking a slice of the action
With the sharing economy growing year-on-year, what are the challenges and opportunities for the insurance industry?
Broker - Commission: The question of commission
According to some, the trend for insurance brokers to ask for higher commissions shows no sign of abating – but is the evidence there to prove this is true?
Rapid rise of urban populations driving climate change risk, says World Bank
Assets worth $158 trillion (£109 trillion) could be at risk from river and coastal flooding by 2050 unless more is spent on disaster mitigation according to the World Bank.
Blog: Fresca-Judd prompts rethink on landlords' cover
The Fresca-Judd case was good news for tenants - but not for insurers attempting to claim back costs for property damage. What lessons should be learned by landlords and those providing cover?
Affinity: Creating perfect partnerships
Despite the public outcry over the affinity partnership between Age UK and Ageas, a clear objective and strategy can reap rewards for both halves of a deal.
RGA Underwriting gets Lloyd’s broker status
RGA Underwriting will start placing risks directly with Lloyd’s underwriters in a move the company says will let them place more unusual risks particularly in the property market.
Weald Insurance Brokers acquires insurance business of Steadman & Hozier
Kent-based Weald Insurance Brokers has acquired the insurance business of South Croydon-based Steadman & Hozier for a sum of around £5m.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.