Property
Survey shows half of all blocks of flats are underinsured
Block of flats broker Deacon has called for frequent revaluations of flats by residential management companies after a survey found half were underinsured.
Chartis Europe SA assigned "A" IFS ratings
Chartis Europe SA (France) and Chartis Europe (UK) have been assigned "A" (Excellent) financial strength ratings and "A" issuer credit ratings by AM Best.
Nationwide slashes claims force after RBSI deal
Up to 100 employees at Nationwide’s claims handlings service face the axe as a result of the building society renegotiating its household insurance contract with RBS Insurance.
Reinsurance - January renewals: Toughen up
Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.
Spotlight on environment: Providing protection
With climate change increasing the likelihood of natural disasters, insurers must influence the debate on how businesses and governments manage risks such as supply chain failure.
Spotlight on environment: Getting protected
When the Statement of Principles on the provision of flood insurance expires next year, how will insurers address the 200 000 high-risk households left struggling for cover?
Reinsurance rates in Spain fell at January renewal
Reinsurance rates in Spain fell at the January 1, 2012, renewal, despite the effects of the European financial situation on the primary market.
Anti-metal theft bill scrapped
The private member’s bill to tighten the law on scrap metal dealers has been rejected.
CNA names London property underwriting manager
CNA Insurance has promoted Steve O’Riordan, pictured, to be underwriting manager for London property.
XL appoints Harris from Chartis as International P&C CEO
The insurance segment of XL Group has appointed Jason Harris as chief executive of its International property and casualty insurance business.
A sustainable future?
Solar powered cities and hydrogen run transport systems might be close to reality than people realise. Christian Müller explains why insurers have an integral role to play in this world and must be at the forefront of embracing innovation.
View from the Top: The Eurozone crisis is an enterprise risk issue
The Eurozone crisis and its potential impact on the insurance industry are an enterprise issue for risk managers and commercial customers - and not solely the domain of finance managers.
Lockton Dubai gains Lloyd’s broker status
Lockton Dubai has received Lloyd’s broker registration.
CNA extends offering for pharmaceutical and biotech companies
CNA Insurance today said that HealthPro, its specialist offering to the healthcare industry, has added property and business interruption coverage to its suite of products for the advanced medical technology sector.
AA finds home insurance premiums rising steadily
Home insurance premiums continued a steady upward trend towards the end of 2011, with the average quote for annual buildings, contents and for combined policies rising by 11% over the course of last year.
News analysis: Insurers and reinsurers must start to focus on emerging ‘peak’ risks
Natural catastrophes: Will previous ‘cold spots’ be targeted by insurers and reinsurers?
Broking - Mergers & acquisitions: Do not disturb
2011 was a relatively sleepy year for merger & acquisition activity in the broker sector. Could 2012 be a wake-up call or will the market stay snoozing?
Arab Spring: Life during wartime
Continuing civil unrest in the Middle East and North Africa presents a challenge to the property insurance market — especially concerning the limits placed by the war risks exclusion.
Prime grows Leeds office
Prime Professions, has appointed Michael Eardley, a new associate director in the Leeds office.
Oval underwriting chief joins fellow ex-employees at BLG
Independent broker Building Land Guarantees has appointed former Oval latent defects underwriting boss Jon Cox as associate director.
QBE expands Dubai capabilities
QBE has expanded its Dubai branch’s underwriting capability into general liability facultative reinsurance for Middle Eastern and North African clients.
Ink gains renewal rights for Adding 1 lines
Ink Insurance has signed an agreement with Adding 1 for the rights to renew their property, liability and motor fleet based business.
Mitie wins out in four-year repair tender with LV
Mitie has secured a four-year contract to manage and deliver building repair services valued at £20m with LV.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.