Property
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.
Downward pressure on reinsurance rates to continue
Reinsurance market rates on line will continue to be driven by an influx of capital from third-party investors at the July 1 renewals, according to a report by Guy Carpenter & Company.
British Insurance Awards 2013: The E-Business Award
OIM means e-business
Sumatran earthquake unlikely to see significant insured losses
AIR Worldwide is not expecting significant insured losses following Tuesday’s magnitude 6.1 earthquake in Sumatra.
Ageas goes live with Quindell system
Ageas has implemented and gone live with Quindell’s rating and underwriting engine Napier.
Hong Kong insurers criticised over fee calculation
Household insurers in Hong Kong have been accused of inflating premiums by using a discredited measure already banned in the new-homes market, the Legislative Council's housing panel has heard.
Editor's comment: Flood Re: worth the wait?
When something is worth waiting for, the anticipation can make the reward even sweeter.
Takaful: The Islamic state
Despite centuries of tradition and an estimated worldwide value in the billions, Takaful insurance, grounded in sharia‑compliant practices, has struggled to find traction in the UK.
Hiscox adds new lines to overseas property cover
Hiscox has made several additions to the home insurance available to UK private clients with overseas homes.
Allianz personal lines stalwart joins Zurich
Zurich has appointed Gareth McChesney as director of personal lines underwriting and pricing for its UK general insurance business.
Willis Re encouraged by Flood Re government liability and excesses pledge
Proposed pool will not impose a significant administrative burden on insurance businesses nor undermine the commercial environment according to Willis Re.
Deloitte and PwC welcome flood decision
Deloitte and PwC agree today’s agreement will benefit households at a high risk of flooding.
Property industry supports ‘long-awaited’ universal flood solution
The British Property Federation has welcomed the universal flood cover that the confirmation of a flood agreement between the insurance industry and government will bring.
Aqua relaunches HNW home wordings
Aqua Underwriting has moved to revitalises its high net worth home wordings to enhance cover, expanding the range of risks protected.
RSA wins Police Mutual home insurance contract
RSA has been appointed by Police Mutual to write its home insurance product, extending the 20-year partnership on motor insurance.
Legal & General strikes deal with Tesco Compare
Legal & General has signed a deal to provide home insurance on Tesco Compare’s panel from June 2013.