Property
Pioneer opens property cat division
David Carson has been appointed to grow Pioneer Underwriting's new property catastrophe reinsurance underwriting division.
Non-standard risks: Playing it safe
With increasingly cautious insurers regularly redefining what should be classed as non‑standard risks, is expertise available to deal with the challenges they present?
Motor rates up 2% in Q2 as niche market outpaces standard classes
The non-life insurance market was flat overall last month as rising rates in property, motor and US casualty lines offset rate reductions in reinsurance, according to a Hampden report.
Zurich chief urges action not 'rhetoric' on commerical lines
Zurich’s UK chief executive officer Steve Lewis has urged insurers to ensure their actions reflect their words when it comes to commercial lines rates.
CVC to acquire D&G in partnership with existing management team
CVC Partners is to acquire household appliance insurer Domestic & General Group in partnership with the existing management team.
XL Group appoints RSA's Jenkins as underwriting manager
XL Group has appointed Simon Jenkins as its underwriting manager for general property in the UK.
Rias repositions with TV advertising campaign
Over 50s insurer Rias has launched a TV advertising campaign 'Where experience counts’ to reflect the modern face of the UK’s 23 million over 50s.
Keychoice and LV Broker form home partnership
Keychoice has formed a strategic partnership with LV Broker to provide it with access to over 800 independent brokers.
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?