Property
Sharing economy lays liability minefield, warns Marsh
Companies in the sharing economy sector are more exposed than others to the risks associated with an evolving employee base and the emergence of digital technologies, according to a report by Marsh.
Blog: Loss adjusters describe Hurricanes Irma and Maria's devastation in Sint Maarten
Crawford adjusters are continuing to assess the devastation brought by Hurricanes Irma and Maria in Sint Maarten. Director Tim Cramer-Todd and vice-president Rob Kleinveld, who just came back from the Caribbean, recount what they saw on the ground.
Top UK insurers 2017: AM Best commentary: The uncertainty principle
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
EPUL appoints Steve Lawrence as business development director
GRP-owned commercial property underwriter European Property Underwriting Limited has appointed Steve Lawrence as business development director.
Interview: Tulsi Naidu, Zurich
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Analysis: Arson: A burning issue
Only a small portion of arson cases are prosecuted, so perhaps it’s time for the insurance industry to take ownership of this issue, as it has with fraud
Skuld and Asta launch Agora syndicate 3268
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Manchester Underwriting's Charles Manchester on Grenfell and PI
Manchester Underwriting CEO Charles Manchester examines the possible knock-on effects of the Grenfell Tower tragedy on the professional indemnity market.
Zhong An seeks $11bn IPO valuation
Hong Kong-based online property and casualty insurer Zhong An is planning to seek an initial public offering valuation of up to $11bn (£8.3bn).
Lloyd's report pegs Miami windstorm at $131bn as Irma heads for Florida
Hurricane Irma could see industry property losses of $131bn, according Lloyd's realistic disaster scenario analysis.
Tokio Marine picks Luxembourg for post-Brexit EU hub
Tokio Marine has become the latest insurer to base its post-Brexit European hub in Luxembourg.
Gallagher boosts Scandinavian footprint with broker purchase
Arthur J Gallagher has acquired Scandinavian property and casualty broker Nordic Försäkring & Riskhantering for an undisclosed sum.
Blog: Harvey, a CAT adjuster's testimony
Crawford and Company has deployed more than 200 adjusters in Southern Texas to assess the damage caused by Hurricane Harvey. One of them, James Warren, whose own home has been damaged, describes the streets as eerie as there is no power, no road signs,…
JLT's Nigel Todd on whether liability limits are a liability
Commercial and residential landlords are facing increaded risks from a more litigious society and Nigel Todd, head of real estate at JLT Specialty, questions whether liability limits being purchased are sufficient for the increased exposures.
Ascot launches P&C MGA Vertical
Ascot Group has launched Vertical Underwriting Managers, a specialty managing general agent cell under Ethos Specialty Insurance Services.
Market veteran Ian Burford joins Fidelis as specialised risks chairman
Ian Burford is joining Fidelis’ London underwriting team as chairman of specialised risks.
Calling all brokers, there is still time to shape the 2017 Underwriting Service Awards
Brokers, there is still time left to shape the runners and riders for this year’s Underwriting Service Awards.
Blog: If Hurricane Andrew II hit Miami today
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
Ascot launches specialty MGA Ethos
Ascot Group has created a standalone managing general agent and appointed Michael Sillat as CEO, effective 1 December 2017.
Analysis: Retirement villages, an infant market
Retirement villages are asking for group contents insurance but UK insurers are waiting for the market to mature.
Analysis: Business interruption - Trigger warning
As cyber and terror risks trigger new types of business interruption, insurers are becoming the go-to resource for expertise.
Legal Update: The Legacy of the Grenfell Tower Fire
Following the Grenfell disaster earlier this year Hill Dickinson partner Jonathan Anslow believes there is likely to be an influx of claims arising from the design, specification and installation of cladding systems.
Allianz's Axel Theis on why insurers can look ahead with confidence
Axel Theis, Allianz SE board member, global insurance lines and anglo markets, explains why premiums are tipped to grow over the next decade.
Analysis: The legacy of Grenfell Tower
How the blaze that killed at least 80 people promises to be one of the most complex claims in recent years