Property
LV profit stable while GWP rises 6%
LV's general insurance business has reported 6% growth in gross written premium income to £747m (H1 2011: £704m) in the first half of the year.
Hiscox UK falters while group profit soars
Hiscox returned an interim pre-tax profit of £125.8m (H1 2011: loss £85.6m), following a more benign catastrophe season compared with the previous 12 months.
Lancashire reports hike in profit to $102.6m
Lancashire has reported a 35.5% increase in gross written premium to $514.8m in the first half of the year, compared with $379.8m in the same period in 2011, reporting growth across three of its four main classes of business.
Macmillan Sheikh unveils unoccupied properties scheme
Specialist broker and underwriting agent Macmillan Sheikh has launched a scheme for unoccupied commercial and residential properties.
Home insurance premiums set to rise
Property insurers must ensure they have adequate reserves to cover future claims arising from volatile weather patterns, AA Insurance has warned.
Talanx subsidiary HDI-Gerling Industrie opens in Bahrain
Talanx subsidiary HDI-Gerling Industrie Versicherung AG is opening a branch in Bahrain.
Groupama steps closer to integrated trading with enhanced property product
Groupama Insurances has taken the first step in an overhaul of its commercial and residential property policy.
Interview: Allanfield's Darryl Noik, Gary Field and Tim Allan - The real deal
Allanfield is five years old and has just 18 staff, yet the company has cemented itself as a major name among real-estate insurance brokers. Tim Allan, Gary Field and Darryl Noik share the secrets of their success and discuss their vision for the future.
Heavy rain dampens profitable run in household insurance sector
This summer's flooding could put an end to four consecutive years of combined ratios of 100% or better in the household insurance sector.
Aria Assistance teams up with Ageas and Aviva on emergency help products
The newly-independent Europ Assistance team Aria Assistance is working with a host of major insurers providing policyholders with commercial and personal lines emergency services.
Questgates issues warning to brokers amid rise in cannabis farms
A rise in the number of cannabis farms across the UK has led Questgates to urge brokers to check that illegal activity is not excluded from the cover held by property owner clients.
Thousands of homes evacuated after floods in Japan
Homes suffered substantial damage on Wednesday after intense rainfall caused flash flooding, burst river banks and landslides in the south west region.
Ace launches new home protection product in Asia
Ace Insurance has launched a new home insurance product in Malaysia and Indonesia.
Expert analysis: The return of motor madness
The push for volume in motor has started again, with a fall in rates for a fourth consecutive quarter, while home is proving more resilient, says Tom Cooper.
OIM division E-Underwriting launches property owners product
The new division of OIM Underwriting, E-Underwriting, launched its property owners insurance product today on the Acturis platform.
Lack of cat activity leads to plentiful capacity in reinsurance market
Reinsurance capital continued to strengthen through the second quarter of 2012 as a result of limited exposure to catastrophe losses in the opening six months of the year.
Brightside to pocket £70m premium in Asda affinity deal
Brightside's new affinity partnership deal with Asda Money is expected to bring in up to £70m in premium over the next 18 months.
Brightside reveals Asda home and motor insurance win
Insurance broker Brightside has partnered with Asda to manage its Asda Money car and home insurance offering.
Allianz retail arm completes 'Clear' launch with houshold offering
The Allianz retail arm has completed the final phase of its Clear product launch, following a deal that will see the operation’s Clear household product available through Adrian Flux brokerage.
Personal Lines Broking: Feeding the phoenix
As brokers continue to reinvent themselves to remain a major force in personal lines insurance, it is up to insurers to help them flourish in this competitive market
In conversation with Zurich: Personal lines broking
Personal lines brokers have endured endless change in insurance distribution and survived – and they continue to do so.
Fraud prevention in mind as Admiral appoints supplier CRIF
Admiral has appointed CRIF Decision Solutions as its new supplier for the automation of processes to support fraud prevention during the purchasing process.
Property owners' product launched by Aspen
Aspen has launched a specially-designed property owners’ insurance product, in a bid to help policyholders get to grips with the “growing issue” of underinsurance.
Rate hardening slows in second quarter
The global insurance market hardened in Q2 2012 for the fourth consecutive quarter, albeit at a slow rate, according to Marsh.