Property
Ace acquires Brazilian P&C insurer
Global insurer Ace has agreed to acquire the large corporate property and casualty business of Brazil-based Itaú Seguros from Itaú Unibanco for approximately $685m. Upon completion of the transaction, Ace will be the largest commercial P&C insurer in…
Homeowners see premiums fall 22% in four years
Home insurance premiums in the UK are at their lowest level in four years, according to a study by Money Supermarket that calculated the average premium at £124.
Legal Update: Occupiers Liability: Swooping seagull fall not owner’s fault
Judge rejects argument in Kelly v Riverside Inverclyde (Property Holdings Ltd (2014) that the building occupier was responsible for seagulls nesting. Steve McDonagh reports.
Direct Group signs five year home affinity deal with Shop Direct
Ryan Speciality Group business Direct Group has penned a five year home insurance affinity deal with multi-brand digital retailer Shop Direct.
Hastings Direct launches household cover
Hastings Direct has created a new household insurance product in collaboration with Axa, Sterling and Towergate Underwriting.
Partnerships predicted for home telematics offerings
Insurers are likely to enter into partnerships when considering home telematics solutions due to the cost of devices and the likely benefits from shared data, industry experts have claimed.
Ageas revises household product range
Ageas has revised its household policies including doubling cover and data download limits.
Super tall building construction shifting East, says Allianz
Super tall buildings once the preserve of the US have been springing up across Asia and the Middle East and they are becoming taller.
Government to reform laws on London short-term letting
Research from Direct Line's select premier insurance shows London homeowners could earn an average of £116 per room once legislative changes making short-term letting easier come into force.
Non-standard cover available on Keelan Westall e-trading platform
Keelan Westall has made its ‘agility' non-standard cover available via its ‘dynamic' online e-trading platform for residential property risks.
AIG launches revamped commercial property covers
AIG has launched a new line of products for commercial property insurance, including expanded coverage, loss prevention engineering and risk management solutions for mid-sized businesses with global exposures.
Skyscrapers: A rise in complexity
Times are changing for high-rise living, with new skyscrapers springing up across the UK. Is traditional defects cover fit for purpose though?
Flooding: The future of flooding
As the Statement of Principles nears expiry and with the imminent introduction of Flood Re, what does the future hold for flood cover?
Zurich launches enhanced home cover for 'super rich'
Zurich has launched a new home policy aimed at Britain’s wealthiest individuals.
Ageas rolling out commercial and subsidence claims reviews in 2015
Ageas is set to follow the completion of a household claims review with an investigation into its commercial and subsidence panels next year, Post can reveal.
Ageas finalises household claims reshuffle
Ageas has completed a restructure of its household claims suppliers, appointing 21 members to its new panel.
China Life in talks to buy Canary Wharf property
China's largest life insurer China Life is in talks to buy a Canary Wharf property which law firm Clifford Chance uses as its headquarters.
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.