Property
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.
XL's environmental programme goes global
XL Group's insurance arm is launching global environmental cover for the first time.
Ageas mobilises anti-fraud database for motor book
Ageas has signed up to an anti-fraud database for underwriting and claims management in its motor book.
Zurich launches major UAE marketing campaign to raise GI profile
Zurich has launched a major new marketing campaign to support its suite of personal insurance products in the United Arab Emirates.
Axa Assistance recruits former L&G boss for sales director role
Axa Assistance UK has appointed Adam Smith, pictured, as sales director to accelerate the growth of the company's large corporate partnerships business.
US property and catastrophe insurers to sustain largest Hurricane Isaac losses
Primary insurers including Liberty Mutual Group are likely to bear the brunt of any insured losses arising from Hurricane Isaac, Fitch Ratings has claimed.
Hurricane Isaac will not be a 'Katrina event'
Hurricane Isaac could cause up to £304m ($480m) in insured losses, experts have predicted.
Italian motor and property markets offer opportunities, according to new report
Italy stands at the crossroads of economic and social change, and therefore offers interesting opportunities for the insurance industry.
Avantia rebrands non-standard home product
Online non-standard home insurance provider Avantia has revamped its Home Protect product in a bid to effectively communicate the benefits of immediate online cover to people, no matter their circumstances.
Ping An Group sees 9.4% growth in net profit
Ping An Insurance Company of China has maintained growth above the industry average amid complex economic and market environment for the first half of 2012.
Co-op goes for growth in household sector
Co-operative Insurance director of general insurance David Neave said the firm has written a higher volume of home insurance policies compared to motor policies this year so far in a bid to “redress the balance” within its personal lines portfolio.
Laptops and televisions top the bill for most fraudulently claimed items
Bogus claims for lost, stolen or damaged iPhones have risen by 100 fold over the past two years, according to VFM Services.
Brokers told to up game in face of HNW competition
Intermediaries operating in the high net worth arena have been warned they must concentrate on improving their bespoke offering to clients if they are to win out over growing competition in the high-end home insurance market.
Liberty Mutual receives CIRC approval to open Shandong branch
Liberty Mutual Insurance Group has been granted approval to establish a branch in Shandong province by the China Insurance Regulatory Commission.
XL makes dual reinsurance promotion
XL’s reinsurance operations has appointed Mark Berry and Paul Simons to senior vice president and managing director, international property & specialty and senior vice president, head of US property treaty, respectively.
Groupama to underwrite 10 000 free home insurance policies
Groupama is underwriting 10 000 home insurance policies for residents of a south east England housing association.
Saga bolsters home insurance product to cover students
Specialist insurer Saga has unveiled a new add-on product whereby policyholder parents can extend their home insurance to cover their children’s assets, saving almost £100.
Argent hands ex-Willis manager Scott business development role
Argent, a division of the Parabis Group, has recruited former global vacant property specialists VPS boss Chris Scott to the role of business development director.
Zurich boss hails 'strong' H1 results despite £19m flood loss
Zurich UK has admitted to losses of £19m as a result of the floods in the UK and Ireland during the first half of the year.