Property
Keelan Westall aims to double broker club membership
Keelan Westall plans to increase membership of its Prestige Broker Club by 50% over the next year, and has its sights set on brokers generating more than £150 000 gross written premium.
L&G reveals dramatic COR improvement
Legal & General has recorded a general insurance combined operating ratio of 81% for the first half of 2013 – an improvement from 99% year-on-year.
Motor insurers overestimating Laspo benefits says Dye
Insurers are overestimating the savings likely to be achieved following the introduction of Legal Aid, Sentencing and Punishment of Offenders Act, Allianz UK chief executive Jon Dye said today.
Ageas UK boss Watson optimistic despite limited H1 profit growth
Ageas UK chief executive Andy Watson has told Post the insurer’s H1 results are in line with expectations, in spite of net profit growth almost entirely driven by the integration of Groupama.
Ageas increases profit despite underwriting losses
Ageas has increased its bottom line by 17.3% during the first half of 2013 despite household being the only core line of business making an underwriting profit.
Axa's P&C revenues remain flat in H1
Axa UK and Ireland reported a 33% rise in underlying earnings for the first six months of 2013 to £89m, compared with £66m in the first half of 2012.
RSA's Brown says underlying result not as 'impressive' as headline figures
RSA’s improved commercial lines results are “overstated” according to UK and Western Europe chief executive Adrian Brown, who downplayed the results.
Natural disasters increase demand for property insurance in Kazakhstan
Kazakhstan’s plans to develop compulsory natural disaster insurance policies will stimulate the growth of the insurance industry until 2017.
Generali net profit hits €1.08bn after strong P&C performance
Italian insurer Generali recorded a 28% rise in first half net profit to €1.08bn as the firm continued its restructuring programme.
Law report: Claim fails over fire at property
This law report has been contributed by law firm Berrymans Lace Mawer
Eamon Brown new Jubilee CUO
Eamon Brown has been appointed chief underwriting officer at specialist Lloyd’s insurer Jubilee.
MA Assist achieves Trust Mark standard
MA Assist has succeeded in achieving scheme operator status for Trust Mark, the government-backed quality mark for the building repair industry.
Insurers face higher rebuilding costs in the second quarter
Insurers face rising costs for rebuilding damaged or destroyed homes, according to the latest figures from the Building Cost Information Service.
UK homeowners unsure of garden cover
More than a third of UK homeowners do not know if their insurance policy covers the contents of their garden.
Plum in Northern Ireland move to grow footprint
Plum Underwriting is expanding its underwriting footprint by beginning to write non-standard and mid-net worth household risks in Northern Ireland.
Household: On shaky ground
With cracks beginning to show in the profitability of the household insurance market, is the sector set to crumble or are its foundations solid enough to see it through?
Cunningham and Crawford roles cut following Aviva adjuster panel review
Aviva has reduced the roles of the UK’s two largest loss adjusters Cunningham Lindsey and Crawford on its commercial and specialist property adjuster panels - making room for more smaller firms - in response to broker feedback.
Post Blog: The anatomy of an opportunist
What does the typical non-organised household insurance fraudster look like and what steps should the industry be taking to stop them? Sally Griffiths investigates.
Allianz launches extreme weather app
Allianz has launched a free smartphone app which provides severe weather alerts and risk advice for businesses and householders.
Keelan Westall introduces underwriting proficiency test
Recently acquired wholesale property broker Keelan Westall has introduced an annual proficiency test for underwriters, designed to improve the service given to customers.
XL insures train-owner at centre of Canada derailment
XL has confirmed it insurers the owner of the train that derailed in Quebec, Canada this week.
Foil sector focus teams to concentrate on property claims and retail
The Forum of Insurance Lawyers has created two new specialist sector focus teams, targeting property claims and the retail sector.
Q&A: Andy Watson: Happy days
Andy Watson reflects on his short time in charge of Ageas UK and discusses market issues, including the referral fees ban, regulation, telematics and recent job cuts in the sector.
Cunningham Lindsey re-brands real estate operations under Ventris
Cunningham Lindsey has re-structured and re-branded its property owners unit.