Property
Sun Life enters GI market with pet and home offerings
Direct to consumer financial services provider Sun Life has underlined its entry into the general insurance market with the unveiling of a pet insurance proposition.
Am Trust to acquire Republic for £153m
Am Trust has reached an agreement to acquire Texas-based property and casualty insurer Republic from its owners Delek Group for $233m (£153m).
AM Best Commentary: Feeling the pinch
A number of market conditions are placing increasing pressure on the UK non-life sector. What will insurers need to do in order to ensure profits remain strong?
Bicycles most common theft claim for Direct Line
Bicycles make up 17% of all theft claims handled by Direct Line, proving to be a more popular theft target than mobile phones or tablets.
Online modelling tool allows insurers to see crime hotspots by postcode
Insurers can gain easy access to crime hotspots by postcode under a new model launched by online map data provider Emapsite.
Claims down 15% in Q2 as benign winter sees weather losses plummet
The total number of claims dealt with by the insurance industry in the second quarter of 2015 fell by 15% to 311,000, according to figures produced by the Association of British Insurers.
High-tech fraud: Faceless threat
Fraud has gone high tech, with the potential damage that hackers using the internet can cause becoming a real danger. Now the industry is starting to use high-tech methods to fight back.
Swiss Re reveals £841bn shortfall in global property cover over past decade
In the past decade the total shortfall in insurance cover for global property risks was $1.3tn (£841bn) with only 30% of losses over that period covered by insurance, Swiss Re research has found.
Ecclesiastical swoops for Covéa's former real estate head
Ecclesiastical has appointed Chris Withers as property investors development manager.
Thornton Tomasetti expands insurance practice through merger
Building engineering specialist Thornton Tomasetti has merged with Weidlinger Associates boosting its UK insurance property loss consulting practice.
IFB's Cheatline received 500 reports per month in 2014
Honest consumers are taking a stand against insurance cheats by reporting known fraud cases to the Insurance Fraud Bureau’s confidential Cheatline, new data has shown.
Church Insurance: Steeple chasing
There is a new entrant into the church insurance sector, targeting Ecclesiatical’s 95% share of the market. What will this mean for the country’s 16,000 Anglican churches?
Career Development: Endsleigh celebrates Golden Jubilee
Endsleigh has begun its Golden Jubilee year, celebrating 50 years of insuring students and young professionals.
Household Underinsurance: The cost of home improvement
With homeowners moving less frequently and spending more time on improving their homes, the issue of property underinsurance has never been more pertinent.
Hastings sees GWP jump 24% in H1
Hastings Insurance Group saw gross written premium increase by 24% to £282.7m in the first six months of 2015 (H1 2014: £227.2m) aided by continued growth in customer numbers.
John Lewis enlists 'Monty the Penguin' team for new home insurance advert
John Lewis has enlisted the team behind its popular ‘Monty the Penguin’ Christmas advert for a new campaign to promote its home insurance products.
Interview: Roger Brown: Back in the black
ECIC CEO Roger Brown turned a loss-making business into one that now boasts a portfolio of big budget infrastructure projects.
Chinese property group raising money for Asia-Pacific reinsurer
Chinese property company Oceanwide Holdings is planning to launch an Asia-Pacific reinsurer.
Shopping around pays as average home policy continues to fall
Policyholders who switch home insurance providers stand to gain "significant savings" as home premiums continue to fall, according to market research firm Consumer Intelligence.
Claims environment blamed as Esure motor profits tumble by 80% in H1
Esure’s underlying profit before tax plummeted by 21.3% over the course of the past year, with the figure for the first half of 2015 standing at £46.5m (H1 2014: £59.1m).
Hood Group partners with Stoke City FC
Hood Group has entered into a two year partnership deal with Stoke City Football Club where it will promote its affinity partner Asda Home Insurance.
Aviva signs seven-year distribution agreement with TSB
Aviva has signed an exclusive seven-year distribution agreement with TSB covering the distribution of Aviva’s core general insurance products including home, travel, motor, pet, and commercial insurance through TSB’s branch network, online and via…
Blog: Why £200m Nationwide household loss might not be a big deal for DLG
Direct Line Group CEO Paul Geddes was bullish today when the insurance group released its half year results.
DLG operating profits increase £100m as COR drops to 89.4%
Direct Line Group has reported a £100m increase in operating profit for the six months ended 30 June 2015 and a 6.7 percentage point increase in its combined operating ratio.