Property
Property claims: Customers must be educated about escape of water
Insurers should make consumers aware that they have a responsibility to prevent escape of water, rather than assuming that all leakage issues should be handled by their provider.
Italian P&C insurance market outlook is stable
The outlook for the Italian property & casualty insurance market remains stable, although the outlook for the Italian life insurance market remains negative, in line with the other negative life insurance markets in Europe.
Italian P&C Insurance market outlook stable, says Moody's
The outlook for the Italian property & casualty insurance market remains stable, according to Moody's Investors Service in an Industry Outlook published today.
Allianz France agrees deal for Groupama's Gan Eurocourtage
Groupama has agreed to sell the property and casualty brokerage-related activities of its Gan Eurocourtage subsidiary to Allianz France for an undisclosed sum.
Property rebuilding costs continue to slow
The annual rise in the UK's index of house rebuilding costs is continuing to slow down, according to the Building Cost Information Service of the Royal Institute of Chartered Surveyors.
RSA's Canadian arm acquires Quebec-based P&C insurer
Home, motor and business insurer RSA Canada has agreed to acquire L'Union Canadienne, a Quebec-based intermediated P&C insurer, from its parent company Co-operators General Insurance Company for C$150m pending regulatory approval.
RK Harrison buys up Marsh businesses
RK Harrison has acquired four businesses from Marsh UK-owned Gibbs Hartley Cooper.
Revenue rises 50% for newly listed Allanfield
Real estate broker Allanfield has reported a 50.7% rise in revenue to £2.28m (2010: £1.51m) in its first set of results since listing on the Alternative Investment Market in August.
Tenth of Brits clueless about home insurance cover, says L&G
Almost one in 10 people in the UK do not know what is covered by their home contents and building insurance policies.
Carmichaels rebranded as Argent
Specialist property adjuster Carmichaels has been rebranded as Argent Property Adjusters as part of parent company Parabis Group's integration of its loss adjusting businesses.
Ace launches mobile phone air-time fraud cover
Ace Group subsidiary Ace Insurance has introduced a mobile phone air-time guard for Asia Pacific, which it claims is the first of its kind.
Gable reports 37% profit growth amid unstable market conditions
Gable has reported a 37% rise in pre-tax profit to £3.7m in the year ending 31 December 2011.
Travelers considering India market entry
US-based Travelers Group is believed to be in talks with Indian farm equipment maker Mahindra & Mahindra regarding a bid to enter the country's fast growing general insurance market.
Sprinklers could have prevented Peterboat Close fire disruption
A large fire broke out at a chemical processing plant in south east London in the early hours of this morning.
QBE wins Gallagher deal
QBE Europe has been appointed to underwrite public sector business for AJ Gallagher subsidiary RMP from 1 July.
GAB Robins claims director joins Crawford
Former GAB Robins director Paul Bowyer has joined Crawford & Company as general property claims director.
Uniqa reports profits up 20% for Q1 2012
The Uniqa Group has reported profit up 20.2% in the quarter one of 2012 to €54.4m (Q1 2011: €45.2m).
Londoners most reluctant to buy home insurance, survey finds
Londoners are most likely to decide not to take out home contents insurance, research by Confused has revealed.
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
BCIS launches Risk Check
The Building Cost Information Service has launched Risk Check, an online tool to instantly check the sum insured of a commercial building.
Stable outlook for Chinese P&C sector
The outlook for the Chinese property and casualty insurance industry is stable, according to the latest Moody's market update.
Money Supermarket dominates Google search rankings a second time
Money Supermarket came top of the natural search rankings on Google searches for car, home and travel insurance for the second quarter running, online marketing solutions provider Gravytrain has revealed.
Minister Spelman hints at flood deal with ABI, rejecting pure risk-based pricing
Environment minister Caroline Spelman, pictured, has told the Association of British Insurers’ property conference that the idea of flooded households being left to fend for themselves is unacceptable.
HDI Gerling opens Singapore branch
HDI Gerling is opening a Singapore branch after obtaining a licence from the Monetary Authority of Singapore.