Property
Axa Commercial fills three top roles
Axa Commercial Lines has named Mandy Langton (pictured) as head of product development and has promised to bring new products to market.
Ferma 2011: Risk managers face change
Risk managers face an environment of uncertainty and continuing change, Peter den Dekker, the President of the Federation of European Risk Management Associations, has warned.
XL Insurance strengthens international property lines
XL Insurance has appointed Philip Sexton International P&C onshore energy and general property manager for the UK, Ireland and Nordic regions, in a bid to strengthen its international property lines.
APC revamps property owners’ cover
Commercial insurance underwriting agency, APC in replacing its property owners products with new residential and commercial landlords products.
Penny Black's insurance week
Penny was very close to whipping out her cheque book at the sight of the all the diamond jewellery up for auction at Sterling Insurance’s open day.
Your say: The real postcode lottery
Jack Straw’s Bill has not been particularly well thought out, specifically the point relating to postcode rating. In my view there are two very good reasons why this part of the bill should be changed.
So, what exactly does a high net worth fraudster look like?
Arrogance, financial pressure and criminal activity are the major motivators of a high-net-worth fraudster, Sterling Insurance has revealed.
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.
Law report: Judge considers fire claim cause
This law report has been contributed by national law firm Berrymans Lace Mawer.
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.
XL Insurance dedicates resources to Nordic region
Global insurer XL Insurance is expanding its business into the Nordic region where it is establishing a dedicated upper middle market operation.
Water damage creating costly commercial claims
Approximately 50% of claims made on commercial buildings and contents insurance are for damage cause by escape of water, property insurance specialist Cadogan Keelan Westall has found.
Lloyd’s pips AIG in surplus lines
The surplus lines industry suffered an unprecedented fourth year of declining premiums in 2010 and Lloyd’s knocked AIG off the top spot, according to AM Best.
Plum helps brokers with unusual risks
Non-standard household insurance specialist Plum Underwriting has launched a series of workshops to teach brokers how to benefit from the growing demand for non-standard household risks.
Market moves: All change at the trade bodies
With insurer moves slower than last week, this week has seen a number of changes among the trade bodies, with the Chartered Institute of Loss Adjusters, the |British Insurance Brokers’ Association and Federation of European Risk Management Associations…
American broker blames barriers to entry for lack of interest in London
Reinsurance broker Tiger Risk Partners UK has claimed to be the first US-owned broker to set up a London office since 2003, blaming the lack of interest on the UK’s “significant barriers to entry”.
WNS targets top three spot as delayed property repair business launches
WNS Assistance has launched into the property repair space, eight months after it vowed to become a top three player in the sector.
Broadgate acquisition is last for Torus
The recent acquisition of Broadgate Underwriting by Torus finalises a string of hires and acquisitions by the globetrotting insurer.
Law report: Time-bar ruling overturned as liability was not established
This law report has been contributed by national law firm Berrymans Lace Mawer.
Keelan Westall expands broker club
Keelan Westall claims to have expanded its Prestige Broker Club for brokers - generating £150 000 of premium – up by almost 20% since the spring.
Axa calls on residents to insure expensive gadgets
Research conducted by Axa has revealed that the average UK home now contains £5 218 worth of gadgets, leading company bosses to call on homeowners to insure their valuables.
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
Claims rise as landlords cut maintenance budgets
The proportion of claims made for avoidable incidents such as leaks, burst pipes, frost damage and general wear and tear has increased by 5% since 2008 as tight budgets hit property maintenance by landlords.
Mooted HSBC GI sale a sign of the times
HSBC’s mooted plan to sell its general insurance arm is part of a growing trend of banks “retrenching”, according to an analyst.