Property
Brightside hires Lloyds household pricing head Gardner
Broker Brightside Group has hired former Lloyds TSB senior manager Chris Gardner as its new home underwriter and product manager.
Europe C-Suite: Infrastructure investment - if the yield is right
Investing in infrastructure projects such as transport and energy could represent new opportunities for insurers keen to diversify
Large losses below expectations at Catlin despite aviation disasters
Catlin has achieved third quarter gross written premium growth in line with its business strategy after chalking up a GWP rise of 11% to $4.89bn (£3.1bn) (Q3 2013: $4.42bn) for the period.
Novae delivers 6% GWP increase in Q3 despite property and casualty slump
Lloyd’s insurer Novae Group has chalked up a 6% increase in gross written premium to £515.1m for the period ended 30 September 2014 (Q3 2013: £484.6m), despite recording GWP reductions in its property and casualty businesses.
Interview: Mike Holliday-Williams: Back from the cold
After more than three years as RSA Scandinavia CEO, Mike Holliday-Williams is back on home soil as DLG managing director of personal lines. He tells Post what he’s learnt from his time abroad and how he is responding to the changes in the UK market
Swiss Re deems year-to-date £2.1bn net income 'successful'
Swiss Re has reported net income of $3.3bn (£2.1bn) for the first nine months of 2014 with a third quarter net income of $1.2bn.
Markel sees income fall in Q3 but remains up over nine months
Markel International reported comprehensive income to shareholders of $36.5m for the third quarter of 2014, down from $144.4m (£22.8m) for the same period of 2013.
Davies Group appoints new head of subsidence
Loss adjusting firm Davies Group has appointed Greville Marchant as associate director and head of Davies subsidence and surveying.
Argenta bolsters Syndicate 2121 with double hire
Argenta Syndicate Management has appointed two UK property and liability underwriters to Syndicate 2121.
ABI household premium tracker depicts stable home insurance market
The price of home insurance has remained stable over the last year despite rises in some average claim costs, according to the Association of British Insurers Average Quarterly Household Insurance Premium Tracker launched today.
AIG reports 23% Q3 group post-tax profit leap
AIG's property casualty division has recorded a combined operating ratio of 102% in the third quarter of 2014 alongside a divisional pre-tax operating income of $1.1bn (£687m).
Zurich bringing commercial claims process in line with Insurance Bill ahead of legislation
Zurich is to adopt the Law Commission's recommendations on the new Insurance Bill before it is formally adopted as law ahead of the next election.
RUP Commercial rebrands to Century Underwriting
Motor managing general agent RUP Commercial Risks has changed its name to Century Underwriting as it looks to expand into liability and property insurance.
LV's O'Roarke says motor book has shrunk to ‘optimal' level
LV's private motor book has shrunk to near-optimal size, according to general insurance managing director John O'Roarke, who said the firm will continue to seek growth in commercial and household lines.
P&C sector sees largest reserve release since 2007, according to Guy Carpenter
The property and casualty sector recorded in 2013 the largest reserve release of the most recent accident year since 2007, according to research from Guy Carpenter.
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Would JR Ewing's demand following the destruction of Southfork have resulted in a $40,000 monthly hotel bill? Crawford & Company's UK Major Loss team calculates the cost of these…
Tesco Bank partners with Axa Assistance on home cover
Tesco Bank has completed a deal with Axa Assistance that will see the insurer serve as home emergency cover provider.
Home insurance profitability to end in 2015 says EY
The UK’s home insurance market is set to end a long run of profitability, according to figures from EY.
Home premiums down by 3% over Q3
Home insurance prices are continuing to fall, according to the latest figures from The AA, with reductions wiping £20 off an average combined buildings and contents policy over the last year.
UK General axes first 100 commercial brokers
UK General managing director Mike Keating has told Post the insurer has already ended 100 relationships with commercial brokers as it seeks to cut back more than a thousand partnerships.
Paymentshield adds Zurich to home insurance panel
Paymentshield has added Zurich to its home insurance panel amid plans to attract other insurers as well.
Furniture giant Ikea enters insurance market
Homeware retailer Ikea has entered the Swedish insurance market selling child and pregnancy policies with a trial of home insurance products planned for the coming weeks, according to reports.
Europe: Q&A with Bart de Smet, Ageas
Ageas is committed to the UK's motor sector despite its volatility, according to group chief executive Bart de Smet, who adds that the firm is always keen to gain from consolidation elsewhere.