Property
Manchester and London most targeted by home burglars
Manchester suburbs Barlow Moor and Chorlton-cum-Hardy were ranked top of a Money Supermarket list of UK areas most likely to file a home insurance burglary claim.
BPF brands ABI Flood Re claims ‘misleading’
Claims from the Association of British Insurers that the Government’s new flood insurance scheme, Flood Re “will cover domestic properties regardless of whether leasehold or freehold”, have been branded misleading by the British Property Federation.
Europe: Title insurance
With economies recovering across Europe, the property market is beginning to show signs of movement again. But, as the credit crunch is still relatively fresh in people's memories, insurers are looking to provide reassurance to those feeling more…
Flood Re will cover domestic properties, ABI says
The Association of British Insurers has responded to claims from the property sector that Flood Re will exclude millions of homes by confirming the scheme will cover domestic properties regardless of whether they are freehold or leasehold.
Property industry predicts millions will be excluded from Flood Re
Property industry leaders and the Council of Mortgage Lenders have said exclusions to Flood Re will leave millions of homes without access to flood insurance despite assurances from the Association of British Insurers that no more than 10 000 properties…
Allianz seeking €1.2bn asset deal with Italian insurer
Italian insurer Unipol Gruppo Finanziario is considering a proposal from Allianz to buy €1.2bn (£987m) of insurance assets.
Blue Insurances buyout co-founder for almost €10m
Online travel insurance broker Blue Insurances has completed a buyout of one of its founding directors, and shareholder, Rowan Devereux for just under €10m.
Amlin Europe opens German office
Amlin Europe has expanded its non-marine business opening an office in Hamburg following approval from German and Dutch regulators.
Your say: Recent deluge could open the floodgates on asbestos risk
The recent floods that have devastated many parts of the UK could have unexpected consequences by increasing the risk of asbestos exposure.
Covéa insourcing Cunningham Lindsey property and liability claims
Covéa is taking management of all property and liability claims in-house, moving work away from adjusting giant Cunningham Lindsey, Post can reveal
Coast hires Hawkes to aid expansion into 'aggressive' household market
Specialist caravan, motorhome and park home insurer Coast has expanded into the home insurance market with the launch of a new household and general insurance division.
Cost of home insurance expected to fall despite flood claim increases
Growth in price competition could see rate reductions of up to 10%.
Moody’s predicts strong growth for Asian P&C market in 2014
Ratings agency Moody’s is predicting strong growth in the Asian property and casualty insurance sector for 2014 with moderate growth forecast for the European region.
ECIC targeting self-build homes with Sennocke deal
Niche insurer Electrical Contractors Insurance Company has prepared for a forecast spike in numbers of self-build and custom build homes in the UK with a deal to underwrite Sennocke’s specialist self-build site insurance product.
Direct Line deploys emergency response vehicle to Gloucester
Direct Line has mobilised its ‘Charlie’ emergency response vehicle to assist flood stricken customers in Gloucester.
Home insurers expected to pass on 2013 savings to consumers
Home insurance premiums could fall by at least 5% this year as home insurers pass on the benefits of achieving their best set of results in almost two decades.
Christmas storms unlikely to halt sliding premiums
Storms which battered the UK over the Christmas period are unlikely to contribute to reversing tumbling home and motor premiums according to the AA.
Flood victims face health risks due to drying delays
Hundreds of flood victims are waiting over a week for contractors to begin drying work on flooded properties, one of the technical committee of the new PAS 64 standard on flood damage restoration has claimed.
ABC Home product launches on Berkley Alexander panel
LV Broker’s ABC home insurance product has been launched on the Berkley Alexander Quote & Buy panel.
Plum extends home product to cover landlords
Plum Underwriting has extended its home works product to cover landlords undertaking extensive building extension projects and renovations.
Liberty Mutual wholesale manager Goodearl joins XL
XL Group has appointed Lewis Goodearl as chief underwriting officer UK property and casualty for its Lloyd’s business.
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Website review: Churchill Home Insurance: Churchill site dogged by erratic loading times
Web performance specialist Gomez finds insurer’s home site could do better.
Blog: The importance of data analysis
Data has always played a significant role in all key stages of the insurance customer lifecycle. But, increasingly, the onus is on insurers to take all the necessary steps to understand their customers, validate the information provided and assess the…