Property
IFB targets brokers as it plans to extend into tackling property and liability fraud
The CILA quick to register interest in joining expanded fraud bureau
Willis launches Shariah compliant real estate product
Willis has launched the UK's first Shariah compliant commercial real estate insurance solution.
Beazley looks to Amlin for double hire
Beazley has expanded its UK homeowners insurance team with the appointment of two underwriters.
LV Broker unveils property investor cover
LV Broker has revealed a new cover for clients with large property portfolios in a bid to grow its commercial property offering.
C-Suite - Insurer: Take the long-term view
Insurers must stop unsustainable commodity pricing in commercial property claims
FCA urges insurers to investigate claims experience following review
Insurers should do more to collect information from a range of sources throughout the claims process in order to better understand consumer experience, according to the Financial Conduct Authority.
FCA review highlights satisfaction with household and travel insurance
The findings of the Financial Conduct Authority’s thematic review on household and travel insurance show 64% of policyholders were satisfied with the service they received.
Esure reports GWP fall for Q1
Esure reported a fall in gross written premium to £123.5m in the first three months of 2014, down from £124.2m in the first quarter of 2013.
Lloyd's presence adds 50% to Lancashire GWP in Q1 as new CEO steps up
Lancashire Holdings recorded a combined operating ratio of 66.4% in the first quarter of 2014 (Q1 2013: 51.2%) as no major losses were added to a late reported energy claim that adversely impacted the firm’s full year results.
AA launches comprehensive household product
The AA has launched a home insurance policy offering unlimited cover for buildings and contents as well as increased cover for personal possessions.
Landmark plotting ‘no questions asked’ UK household pricing model
Risk modeller Landmark Insurance Services is working to launch a new ‘no questions asked’ household insurance pricing model.
St Jude storm losses hit £898m, according to Perils estimate
Catastrophe data firm Perils has increased its loss estimation relating to windstorm Christian, which wracked the UK at the end of October last year, to €1.091bn (£898.4m).
Home and motor premiums continue downward slide in Q1
Home insurance premiums continued to fall in the first quarter of 2014, despite the winter flooding and storms that affected many parts of the UK, according to the latest AA British Insurance Premium Index.
Covéa posts £15m profit for 2013 but sees GWP shrink 17%
Covéa Insurance posted a technical account profit of £15m for 2013, its first full year results since the merger of the MMA Insurance, Provident Insurance and Gateway Insurance businesses.
Arista hires Fletcher for Midlands role
Arista Insurance has appointed Mick Fletcher as senior development underwriter focusing on the East Midlands area.
Quindell signs deal as Ebitda rises
Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.
Disability charity says home insurance websites discriminate against disabled
Badly designed websites could be leaving major UK home insurers exposed to potential discrimination lawsuits by excluding more than 11 million disabled consumers from purchasing cover online.
Ridesharing: Sharing responsibility
The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability
The calm after the storm
Not wishing to tempt fate, but the current respite from the deluge of rain and heavy winds seen at the start of the year has offered a moment to reflect on our immediate response to an unprecedented volume of storm claims, ranging from minor damage to…
Reinsurer capital up 7% in 2013
Global reinsurer capital totalled $540bn at December 31, 2013, an increase of 7% ($35bn) over the year according to Aon Benfield Analytics.
ABI won’t fight for further Flood Re inclusions despite band H U-turn
Sources say association’s public backing is result of pressure from Westminster.
Q+A: Brad Berg, vice president, energy, Asia-Pacific, AIG
Post interviews Singapore-based Brad Berg, head of energy and engineered risks, global property, Asia-Pacific, AIG about energy risks in Asia.
Bollington signs deal with Keycare on foster care product
Bollington Insurance Brokers has partnered with Keycare to include cover for lost and stolen keys in it home insurance product for foster carers.