Property
Home & Legacy unveils building works product
Allianz subsidiary Home & Legacy has partnered with Allianz Engineering to launch a unique building works product to the high net worth insurance market.
R K Harrison agrees partnership with Chile's biggest independent broker
R K Harrison Insurance Brokers and Chile's largest independent broker, Conosur Corredores de Seguros Y Reaseguros, have reached an exclusive agreement to cooperate on all new business emanating from the South American country.
Covéa launches in UK
Covéa Insurance, the business created from the merger of MMA Insurance and Provident Insurance, launched today, promising to deliver "the quality, consistency and financial reassurance that our broker partners and customers value".
DLG to miss out on FTSE 100 listing
Direct Line Group is unlikely to join the FTSE 100 when it lists on the London Stock Exchange this month.
Zurich hands commercial claims role to MYI
Loss adjuster MYI has landed a share of Zurich's commercial claims work, a contract that was previously handled solely by rival Cunningham Lindsey.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Post Top 100 UK Insurers Supplement: Brand analysis - Survival of the fittest
Belt-tightening, regulation and rising costs have proved a challenging triumvirate for the industry. But, while some insurance brands have faltered, others have prospered.
Post Top 100 UK Insurers Supplement: AM Best commentary - Flooding the market
A deluge of weather-related claims, coupled with low investment returns, continue to dampen non-life insurer performance albeit one buoyed by premium increases.
Gallagher expands public sector offering with Acumus acquisition
Arthur J Gallagher International has acquired housing association specialist intermediary Acumus for an undisclosed sum.
Woodstock acquires Clear Insurance personal lines book
Endsleigh-owned broker Woodstock Insurance has purchased Clear Insurance Management's personal lines book of business.
Ace aquires Indonesian broker
Ace Group has acquired an 80% stake in PT Asuransi Jaya Proteksi.
RSA chooses Plus One for landlord cover
RSA has appointed service provider Plus One Services, part of Hood Group, to help deliver a residential landlords product.
Mondial reshuffles sales team
Mondial Assistance UK has restructured its sales team just a fortnight before it becomes Allianz Global Assistance.
Outlook for Italian insurance sector remains negative despite improved profitability
The Italian insurance sector's rating outlook remains negative, according to ratings agency Fitch.
LV unveils home insurance offering for BGL
LV Broker has rolled out its ABC home insurance product to BGL Group's Budget and Dial Direct customers.
Questgates opens Belfast base
Specialist loss adjuster Questgates has established a new office in Belfast and has made a string of Merlin Claims hires.
Brightside pockets £30m profit while online home policy sales plunge 74%
Insurance broker Brightside has reported a 10% jump in revenue to £43.6m for the six months ended June 2012, and a reduction in external debt of £15m.
Allanfield eyes deals as operating profit hits £1m
Allanfield has its eye on acquisitions in the property and broking spaces having reported a 33.5% increase in net revenue to £2.1m (H1 2011: £1.6m) in the first half of the year.
Midas launches EDI home product with SSP
Midas Underwriting has expanded the range of risks it covers with the launch of a non-standard full-cycle EDI home product.
Hannover Re looks forward to Jan renewals
Hannover Re is "looking ahead with confidence" to the 1 January treaty renewals after being upgraded from A to A+ by AM Best.
Day in the life: Loss adjuster - more than meets the eye
Having spent 14 months writing about the loss adjusting and claims handling industry, Post reporter Chinwe Akomah decided to experience the trials and tribulations of the job first hand by shadowing LAS' Paul Wright for a day.
Esure profit up despite £8m flood loss
Esure has reported £60.2m in operating profit in the six months ended 30 June 2012 (H1 2011: £41.3m) and improvements to its loss ratio and combined operating ratio, despite the June floods adding £8m losses and 3.4% to the COR.
Commercial properties to become squatter target, policyholders warned
Commercial property owners have been warned that more squatters could attempt to bed down in their unoccupied buildings now that it is a criminal offence to trespass on residential properties.
Kiln brings in property underwriter to support Europe focus
Kiln has recruited a new property underwriter in Frankfurt to write a range of property and facultative risks across Europe.