Property
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.
Interview: Chris Hall - A quest for success
A decade ago Chris Hall led a small team that risked it all to buy loss adjuster Questgates. Now it is worth £11m – and the managing director hopes to double that figure within the next 10 years.
High Net Worth: Worth the effort
Research by Home & Legacy suggest there is little consensus in what constitutes a mid or high-net-worth customer. But what does this mean for the market?
Insurance infographic: The Impact of the 2011 Energy Act on property lettings
In this insurance infographic, Zurich focuses on the Energy Act 2011 which contains provisions to make it unlawful from April 2018 to rent property that does not hit minimum energy efficiency standards.
MA Assist targets SNOL with property claims validation tools
MA Assist claims its new online system will transform the efficient handling of the ‘second notification of loss’ stage in property claims management.
Accenture reports 10% rise in fraudulent insurance claims in three years
More than two-thirds (71%) of claims executives at European property and casualty insurance companies have seen an increase in the number of fraudulent claims over the past three years, according to Accenture.
Insurers split over police’s burglary notification plan
Scheme developed to help reduce victims of crime
European non-life premiums up 3% in 2012 to €459bn
New figures published today by Insurance Europe show a provisional increase in total European gross written premiums of 1.6% at constant exchange rates in 2012. This follows a decline in premiums of over 2% in 2011.