Property
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.
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).