Property
RSA expects 2010 profits to approach £630m despite bad weather impact
RSA has announced the impact of adverse weather in November and December 2010 to be around £142m above normal levels with full year costs predicted to hit £255m.
Insurance Age blog: It's a numbers game really
If you've ever been lucky enough to pick up a copy of The Curious Incident of the Dog in the Night-Time you may already be aware of the door conundrum, generally known as the Monty Hall Problem.
Number of fraudulent household insurance claims eclipsing motor, warns ABI
Home insurance is now the number one target for insurance fraudsters according to the Association of British Insurers (ABI).
Product review: A comprehensive package for letting agents
This product has been reviewed by brokers and rated from one to five based on the policy’s key benefits.
Ex-Giles duo join forces to launch Amicus
Two former Giles employees have launched a new brokerage, Amicus Insurance Solutions, with the aim of hitting £1m commission by the end of 2013.
Ecclesiastical raises £40m in share issue
Ecclesiastical has announced it has raised £40m through a new share placing, its first since 2005.
HSB appoints London and South East regional manager
Sian Williams, regional broking director at Willis, has moved to HSB Engineering as regional manager for London and the South East.
Mid-corporates bullish about 2011, according to Chartis
Research by Chartis has found almost two thirds of mid-corporates are positive about the outlook for their business for the next 12 months.
Commercial property contracts under threat from flood defence cuts, says JLT
The Government’s £200m cuts on flood defences could have a catastrophic effect on the commercial property market by making flood insurance unavailable, Bill Gloyn, partner, european real estate at JLT has warned.
Product review: Biosurance R&D for life sciences R&D firms
This product has been reviewed by bbrokers and rated from one to five based on the policy's key benefits.
Household insurance in flood risk areas subsidised by £511 annually, says Axa
According to data from Axa, household insurance for homes in high flood risk regions is being subsidised by £511 each year. The insurer stated this means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect…
Non-standard risks: When risks don't fit
David Whitaker discusses the trials of obtaining non-standard insurance and explores how brokers can go about placing these risks.
Allianz responds to calls for South-west presence
Allianz has responded to regional broker demand by launching a mobile underwriting team in the South West.
News Analysis - Ireland bailout: Ireland on the brink as UK exposures rocket
The bond markets continued to punish Ireland as fears of contagion spread in the Eurozone, writes Andrew Tjaardstra.
ABI issues advice for Cornwall's flood victims
The Association of British Insurers (ABI) has issued advice for people who have been flooded following heavy rainfall in Cornwall.
RSA UK premiums increase 10%
The insurer has reported a 10% rise in premiums to £2.17bn for the nine months to 30 September 2010.
The PB Interview - Nigel Barton: Boutique beat
Emmanuel Kenning speaks with a DJ'ing broker who mixes passion with honesty in his search for talent.
Schemes news: Heath Lambert secures two significant affinity contracts
Heath Lambert has scooped two major affinity deals with RAC and Express Newspapers.
LV Broker sets sights high on £1bn worth of business in first decade
LV Broker has revealed it is aiming to write £1bn worth of business by 2015, less than 10 years after its launch.
Apollo-CVC offer accepted
Brit Insurance has agreed a cash offer from Apollo Management and CVC Capital partners in a deal valued at about £888m, which will result in shareholders receiving up to £11 a share.
Powerplace closer to "perfect panel" with Aviva on board
Aviva has joined Powerplace’s panel of insurers.
Axa's UK personal motor revenues up 35% in first nine months 2010
Property & casualty revenues in the first nine months of 2010 were up 0.7% to €21.4bn across the group at Axa. The UK & Ireland saw a 1.4% increase compared to the same period of 2009 to €3.2bn.
Keelan Westall raids Powerplace again for senior hire
Keelan Westall – part of the property and commercial division of Barbon Insurance Group – has appointed Damian Baxter as head of sales with responsibility for facilitating growth both in existing and previously untapped markets.
The results are in: The Top 50 Brokers in Personal Lines
Insurance Age has produced the third edition of its Top 50 Brokers in Personal Lines supplement, published in conjunction with Cornell Consulting.