Property
Bloomer puts down roots at UK General
UK General has appointed ex-Ecclesiastical schemes director Tony Bloomer as head of commercial schemes.
Groupama delivers record profits but sees revenues dip
Groupama UK has experienced a huge upswing in profitability for the second year in a row delivering £43.5m in 2011 against £23.7m in 2010, itself a huge improvement on the previous year (2009: £14.1m).
Ink increases South West presence with new Bristol office
Ink Insurance has opened a new Bristol office and appointed Janice Whitelock as regional underwriting manager.
Mike Keating resurfaces at specialist MGA
The former managing director of Axa Personal Lines Intermediary, Mike Keating, has returned to the market at a specialist non-standard property underwriting agency.
Ink unveils new policy excess product
Ink Insurance has released a new excess protector insurance product, developed with input from Adding1’s ShazamXS.
New commercial director appointed at Chartis
Chartis has appointed a new director for its UK commercial lines operation.
Aviva UK business grows but profits dip
Aviva UK’s general insurance business delivered higher growth but lower profits in 2011 as it managed to pin its combined operating ratio to 2010 levels.
ABI warns time is running out on flood insurance cover
The Association of British Insurers (ABI) has warned that the clock is ticking on the need to secure a long-term sustainable flood insurance market in the UK.
Broking success: Clear thinking
Howard Lickens, CEO of Clear Insurance Management, tells Caitlin Morrison of the importance of acquisitions, the benefits of Brokerbility and how the business coped with the introduction of the FSA
Products: NIG fills a gap in its property owners insurance range
NIG has launched Essential Property Owners (EPO) cover, an SME-focused version of its Premium Property Owners (PPO) product.
Products: Axa makes products available on Powerplace
Axa has made two of its products available to Powerplace users in the last month: a new property owners/landlords policy and its management liability policy.
Products roundup: A little bit of everything
It’s a bit of a mixed bag this month but the old cliché tells us that variety is the spice of life – we’re not sure how spicy the products and schemes are but there should be something for everyone.
Allianz UK sees growth across the board
Allianz UK has revealed increased gross written premium, higher operating profits and an improved combined operating ratio in its 2011 results.
AM Best confirms RSA's 'A' rating
RSA has had its ‘A’ rating for financial strength confirmed by AM Best.
Invicta expands with portfolio purchase
Invicta Insurance Services has agreed to acquire the general insurance portfolio of surrey-based IFA Financial Profiles.
Equity owner reports UK loss
Insurance Australia Group (IAG) has reported a loss of AU$7m (£4.77m) for the first half of the financial year 2012 for its UK division.
Allianz sees profits rise in UK
Allianz has reported an 11.4% rise in operating profits for its UK arm to €206m (£174.3m) in 2011, up from €185m in 2010.
RSA delivers good 2011 result but commercial continues to drag
RSA UK delivered £310m profit before tax on premiums of over £3bn in 2011 while turning in a combined operating ratio (COR) of 98.2%.
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
RSA commercial chief threatens to exit unprofitable markets
RSA’s commercial chief has confirmed that he will pull out from product lines that are not working for the insurer as he continues his revamp of RSA’s commercial book.
CNA creates chief underwriting role
CNA Insurance has appointed John Taylor to the newly-created role of chief underwriting officer.
Hiscox promotes Gott to lead on art and private clients
Hiscox has announced the promotion of Justin Gott to the position of head of art and private client, Hiscox UK and Ireland.
Ageas’ chief bearish on commercial hardening
Barry Smith, chief executive of Ageas UK, has described himself as “very pleased” with the step change from loss to profit at the insurer but admitted he was not confident of seeing any commercial market hardening in 2012.
Ageas produces growth and profit across the board
Ageas has reported a huge boost in both gross written premiums (GWP) and profit for 2011 as the insurer’s Tesco deal begins to pay dividends.