Property
View from the Top: Eco plans must pass litmus test
Environmentally friendly buildings can cut down on CO2 emissions but at what cost?
Europe View from the Top: Frederik Wulff
The protective nature of the German insurance market has historically meant that local property and casualty insurers have been willing to provide generalised cover across a range of industries, ensuring profitability when claims increase, or demand…
Your say: The warm weather is a damb squib
A slight rise in temperature and drier conditions has done little to ease pressure on claims staff who continue to deal with large numbers of claims flowing from the heavy rainfalls of 2012.
Axa: lack of flood deal could ruin housing market
Hundreds of thousands of homes will be “unsellable” unless the government secures a deal on flood insurance, Paul Evans, chief executive at Axa UK, told The Independent on Sunday.
Lloyd’s building to be bought by Chinese insurer
The Lloyd’s building is to be acquired by life insurer Ping An in a deal worth £260m according to The Times.
Law report: Lack of training and risk assessment blamed for fall
This law report has been supplied by law firm Berrymans Lace Mawer.
DCS Global opens office in Ireland
DCS Global, a division of Triton Global Group has opened its first office in Dublin, Ireland.
Ironshore extends Japanese reach
Ironshore International's Lloyd's Pembroke Syndicate has been authorised by the Japanese Financial Services Authority to offer representations and warranties coverage through Lloyd's Japan.
‘Worrying trend’ for over-regulation making UK market less competitive
Rising regulatory costs are becoming a financial burden the UK’s insurance market can ill afford in the face of international competition, Lloyd’s finance director Luke Savage has warned.
Loss adjusting: Keep it in the family
The role of the loss adjuster is changing, with insurers increasingly adopting an internal claims handling approach. But it is by no means the end of the specialist panel.
In Series: Personal Lines: The good old days
Insurers now benefit from data usage that allows them to tailor prices from hundreds of categories. But this wasn’t always the case.
Barbican joins Home & Legacy panel
Barbican is set to join the household insurance panel of high net worth specialist Home & Legacy.
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Hostile ABI response to ‘inferior’ Flood Mu model sparks wider debate
The Association of British Insurers’ attempts to derail a proposal put forward by Marsh to secure a mutualised solution to flood risk have been criticised by politicians and industry insiders.
Metal Theft: Copper and Robbers
New legislation promises to make life tougher than ever for scrap metal thieves and ease the demand on insurers – but why is the market unconvinced it will be effective?
Need for robust flood solution 'more urgent than ever' says AA
Finding a way to ensure continuing insurance cover for homes at risk of flooding is ‘more urgent than ever’ according to the AA.
Allianz agrees deal for Turkish insurer Yapi Kredi Sigorta
Allianz has reached an agreement to acquire a 93.9% stake in Turkish property and casualty insurer Yapı Kredi Sigorta for €684m.
Truell among bidders linked to Co-op sale
Mark Summerfield, managing director of The Co-operative Insurance, has said the planned sale of the general insurance business is “entirely in line with the group’s strategy” to build a “compelling competitor in high street banking that customers will…
Improving Underwriting: Location is everything
Location-based information is the key to understanding the complex data underwriters need to analyse risk.
Axa secures £150m capacity win
Axa Commercial Lines and Personal Intermediary will provide £150m capacity to Prestige Underwriting Services as part of a five-year deal.
Flood Risk: Pours for thought
The 2007 floods were a major UK weather event, costing the insurance industry billions. However, despite similarities, the 2012 floods caused much less damage. What is the reason behind the change?
Fraud: A war on all fronts
Fraud affects all lines of business and yet to date insurer focus on solving the problem has been on motor. Is it time for a shift in perception?
Improving Underwriting: The extra mile
The use of geographic intelligence can improve the understanding of risk in the motor insurance space.
Spencer warns tough broker action ahead
Aviva UK & Ireland general insurance chief executive Robin Spencer has warned it will have to take some “tough calls” on its broker relationships if the insurer is to reduce its commercial lines combined operating ratio to a sub-100% position in 2013.