Property
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.
Go Compare founder rules out Esure deal
Go Compare founder Hayley Parsons has dismissed claims that Esure boss Peter Wood will acquire the business, stating the company is very much her "baby" and will not be taken over.
QBE creates integrated risk management services practice
QBE has brought together its risk management services teams to create an integrated practice aimed at supporting the continued growth of its UK, European and multinational client base.
QBE integrates its RMS practice
QBE has brought together its risk management services teams to create an integrated practice designed to support the continued growth of its UK, European and multinational client base.
Howden nabs Friedl for North American P&C division
Howden Broking Group has appointed Richard Friedl to its US property and casualty division as managing director and head of business development.
LV Broker boss Lawrence targets 'larger players' amid restructure
LV Broker personal lines director Michael Lawrence is aiming to increase his service focus on the market's larger players following a restructure of the firm's strategic accounts team.
Chartis increases property capacity to $1.5bn
Chartis, the property and casualty arm of US insurer AIG, has increased its commercial property capacity to $1.5bn per risk globally.
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.