Property
Blog: Five benefits insurers could gain from the connected home
Post explores the main benefits insurers could derive from the connected home, if they play their cards right.
Paymentshield launches house buyer's protection product
Paymentshield has launched a new protection product, designed to mitigate the risk attached to buying a new home.
Motor and home premiums fall almost 7% in past year
The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.
RMS unveils Asia exposure databases for five countries
Risk modeling firm RMS has unveiled a list of exposure concentrations for the Philippines, South Korea, Taiwan, Thailand and Vietnam.
£8m added to home premiums by preventable claims
Just over half of all home insurance claims follow preventable incidents, according to Money Supermarket, adding a total of £8m to home insurance bills.
Markel underwriting results hit by 'unfavourable' asbestos and environmental developments
Markel has reported H1 performance hit by $27.2m (£16.2m) of adverse development on asbestos and environmental exposures
UK General offers protection against holiday home scams
Leeds-based insurer UK General has launched a policy protecting holidaymakers from unsatisfactory or non-existent holiday homes.
Esure reports steady results as it unveils ABS plans
Esure profits have grown 0.4% for the first half of 2014 with chairman Peter Wood praising the group's disciplined underwriting in difficult market conditions.
Assurant Intermediary teams up with LV Broker on home product
LV Broker has launched its ABC home insurance offering on the Assurant Intermediary product platform as part of a partnership arrangement with the firm.
Homeowners fail to report crimes amid fear of impacting property values
Crime is going unreported in neighborhoods across Britain as the fear of impacting the rent or resale value of properties forces residents to keep silent, a new study from Direct Line has shown.
Hood Group partners with Asda on household product
Hood Group has been appointed by Asda to launch its home insurance product through Asda Money.
Axa introduces real time pricing to Simple product range
Axa commercial lines and personal intermediary has introduced real time pricing to its simple product range on the Powerplace platform.
Unicorn launches Axa-backed property products
THB-owned underwriting agency Unicorn has launched two new UK property product in partnership with Axa.
Aggregators call for tougher measures on automatic renewals
Aggregators have welcomed the Association of British Insurers' proposals to improve clarity around policy renewals, announced today, but say the measures should be taken further to address insurers automatically renewing policies.
Watchdog welcomes ABI's proposals on renewals
The Financial Conduct Authority has called for businesses to improve the way they offer motor and home insurance policy renewals while it considers proposals from the Association of British Insurers to boost clarity in that area.
ABI seeking better clarity for customers on renewals
The Association of British Insurers is asking the Financial Conduct Authority to regulate on a minimum standard of information for companies to give customers when renewing their motor or home insurance policy.
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.