Property
Product review: Three options to suit all homes
The products reviewed in this article by brokers are rated from one to five, based on the policy's key benefits.
Ecclesiastical reports interim losses
Ecclesiastical has announced a loss of £9.9m in the first half of 2010. The figure is in stark contrast to the same period in 2009 when the insurer made a profit of £25.7m.
Brit Insurance boosts Glasgow operations
Brit Insurance has appointed Denise Fletcher and Karl Weidner to its Glasgow office. They join the property combined team, headed by Suzanne Sadahew, as underwriter and assistant underwriter respectively.
Flooding: Raising the barriers
The spate of high-profile floods over the last five years has given insurers, brokers and clients much food for thought about rates and whether or not some risks can be covered at all. Andrew Tjaardstra finds out what precautions the industry is taking.
Market Watch - Low carbon economy: High hopes for low carbon
Andrew Williams investigates the promises and pitfalls of offering cover across the many and varied risks in the growing green energy sector.
The Green Interview: Building momentum for change
Andrew Tjaardstra speaks to Andrew Torrance, chief executive officer at Allianz and chairman of ClimateWise, about what the environmental organisation hopes to achieve and its radical proposals to last year's Copenhagen climate conference.
Climate science: Too hot for comfort
Global warming is one of the most contested and emotive issues in the world. Regardless of whether the experts are right or wrong, the industry has to face the challenge, writes Danny Bradbury.
BCIS study reveals nearly a third of UK home insurance policies are incorrect
Homeowners may have paid the wrong premium for their buildings insurance if they insured for market value rather than rebuilding cost, according to The Building Cost Information Service (BCIS).
Ace raids Chartis and Aviva for Birmingham team
Ace has announced two new appointments to its Midlands regional management team.
Allianz's half year results show GWP rise but profits drop
As part of Allianz’s half year results CEO Andrew Torrance has promised further double digit rate increases in private motor and said there was a “prospect of underwriting profit” in this area in 2011.
Zurich raids Axa for property head
Zurich UK has announced the appointment of Peter Clark as head of property and strategy exposure management, commercial lines, effective 1 October 2010.
Dual targets SMEs via e-trading
Dual Corporate Risks has launched an e-business strategy targeting small to medium enterprise business (SME).
Insurance rates fall across EMEA, says Marsh
Insurance rates have fallen for certain classes of business across Europe, the Middle East and Africa (EMEA) during the first half of 2010, according to research.
Allianz P&C profits increase
Operating profit in Allianz property and casualty (P&C) operations has grown by 28.2% to €1.14bn during Q2 2010, compared to the same period last year.
RBSI reports operating loss for Q2 2010
Royal Bank of Scotland Insurance (RBSI) made an operating loss of £203m during Q2 2010, compared to a £142m profit for the same period last year.
Howden appoints law firms to surveyors’ panel
Lloyd’s broker, Howden, has created a panel of law firms to provide a range of legal services to its surveying clients. The panel members are Reynolds Porter Chamberlain, Beale and Company, Weightmans and CMS Cameron McKenna.
RSA half year results show premiums up 9%
RSA has announced UK net written premiums of £1.5bn in the first half of 2010, up by 9% compared with the same period of 2009. However, it added its combined operating ratio had slipped from 97.4% to 98.9% for the comparable periods as a result of severe…
Four men sentenced for role in claims fraud
Two men have been sentenced to a total of 30 month’s imprisonment for defrauding insurance companies as part of Operation Flash, a joint effort between the Insurance Fraud Bureau (IFB) and Lancashire Constabulary.
Legal: The opportunity of uncertainty
The vague Green Economy Bill is not an excuse for the industry to ignore climate change risks, rather to take a lead in tackling the problem and grab a big opportunity, writes Lindene Patton.
L&G insurance profits increase to £14m for H1 2010
Legal & General’s (L&G) insurance division has reported a rise in operating profit to £14m for H1 2010, compared to £6m for the same period last year.
Insurance revenue grows 9% at Moneysupermarket
Moneysupermarket has reported a 9% increase in insurance revenue to £40.6m for the six months to 30 June 2010 (H1 2009: £37.1m).
E-commerce: Swift Assure quote-and-buy facility targets high-profile users
Leicester-based online broker startup Swift Assure has announced the launch of a new quote-and-buy facility.
NIG launches property policy
NIG has launched its new Premier Property Owners product to a panel of up to 40 brokers.
Product review: Tradesman product wins on price
The products reviewed here are rated from one to five by brokers, based on the policy's key benefits.