Property
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.
XL merges property and asset protection divisions
XL Group has combined its property underwriting and XL Global Asset Protection Services to form one unified team of risk engineers worldwide.
Deloitte predicts household premium rises of up to 10% in 2012
Household insurance premiums are likely to rise between five and 10% in 2012, according to Deloitte.
Elite opens offices in France and Italy
Specialist legal and after-the-event insurer Elite is expanding its footprint in Europe by opening two new offices.
Axa raises €2.5bn to invest in the European property market
French insurer Axa will invest up to €2.5bn in the development of green and brownfield sites and existing properties which require extensive redevelopment across the continent, to exploit the gap left by banks in the property lending market.
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
FM Global appoints Rod Fisher senior VP for underwriting
Commercial property insurer FM Global has appointed Rod Fisher as senior vice president of underwriting and reinsurance.
Winter weather costs commercial property owners up to £225m a year
Cadogan Keelan Westall has revealed that Winter damage due to the severe UK weather is costing commercial property owners up to £225m a year, research has found.
Stormy weather creates conditions for household rate rise
The recent winter storms in England and Scotland could lead to further rises in household premiums, according to PwC.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Voyager targets consumers with past convictions
The director if niche broker Voyager is hoping to take advantage of the reluctance by mainstream insurers to offer cover to people with criminal convictions.
Unified response called for as metal theft cases see substantial increase
Insurers are demanding a unified fight for changes to scrap metal sales to cut a spate of thefts, thought by the police to be worth more than £800m — but insurers argue consequential costs could run much higher.
No widescale rate hardening at 1/1 renewals
The 1 January reinsurance renewal season has seen large rate increases in catastrophe-exposed and loss-affected contracts, but there has not been wide market hardening.
Loss adjuster hails insurer regional returns
MYI has claimed recent senior hires in Ireland and the UK are symptomatic of an industry-wide move back to strong regional offices.
Axa warns 2012 could be 'worst on record' for household claims
Claims forecasters at Axa believe that a combination of factors such as a high proportion of public events and unusual weather conditions could make 2012 one of the worst years on record for home insurance claims.
ASA bans 'misleading' Direct Line ad
The Advertising Standards Authority has castigated Direct Line over a landlords’ insurance ad, featuring TV presenter Sarah Beeny, that claimed the insurer would beat any quote when it actually had a minimum price.
Direct Line launches January sale on home insurance
Direct Line has kick-started the New Year with a January sale on home insurance geared towards householders looking to cut costs following a Christmas spending spree.
24 December: The final stretch
The hard work has been done.