Commercial
Ramifications of crumbling concrete for insurers
Rachael Murphy, senior associate at Browne Jacobson, considers the type of claims insurers can expect from issues with reinforced autoclaved aerated concrete.
RSA’s Nicholls on fulfilling career ambitions and caring for loved ones
Susanna Nicholls, senior business analyst at RSA, shares the struggles she has faced as a carer to her son and how she is shaping policies to ensure colleagues can strike a balance between fulfilling their career ambitions and looking after loved ones.
How Link’s co-founder was warned being gay would hinder his career
Erik Johnson, active underwriter at MIC Global Syndicate 5183, on the prejudice he faced as a gay man entering the insurance industry and how he ignored warnings pushing for inclusion could hinder his career to co-found Link.
Cyber market edges towards systemic risk solutions
Participants in the quickly growing cyber insurance market are pushing for commonly held definitions of catastrophic or systemic events.
60 Seconds With... Markel's James Hunt
James Hunt, UK marine underwriter at Markel, reveals insurance is a family affair and how he climbed a 150ft mast.
Weightmans launches cyber consultancy CyXcel
Law firm Weightmans has launched cyber consultancy CyXcel, which it hopes will become a one-stop shop for businesses of all sizes in a siloed market.
Diary of an Insurer: Phil Denman of Capacity Insights
Phil Denman, CEO of Capacity Insights, prepares for the FCA’s Consumer Duty, plays golf with his son and misses out on an insurer's drinks due to his dog needing him.
Demand for cartel violence cover spikes in Latin America
Hotel operators in Central American destinations such as Cancun are increasingly taking out insurance to guard themselves against the effects of cartel violence.
View from the Top: Bspoke’s Tim Smyth on inflation challenging MGAs
Tim Smyth, CEO of Bspoke Group (formerly UK General), says MGAs need to make their voices heard and engage regulators and policyholders on the challenges facing the sector.
Lloyd’s chief takes aim at ‘moronic’ D&O underwriting
Lloyd’s chief of markets Patrick Tiernan has said he does not want to be forced to remediate a “shambolic” directors' and officers' insurance market, and instead expects to see a “voluntary pullback” from underwriting that has caused concern among market…
How AI can mitigate increasing cost of extreme weather
Izik Lavy, CEO and co-founder of GeoX, discusses how insurers are using AI and aerial imagery to battle the extreme weather ushered in by the climate crisis.
Booze blamed for third of insurance employees facing prejudice
More than a third (37%) of insurance workers have seen sexist, racist, homophobic, ableist and ageist behaviour or heard discriminatory language in the workplace, according to a University of Nottingham study.
Miller settles negligence suit brought by Cardiff City FC
Miller Insurance has agreed a settlement with Cardiff City Football Club, concluding a professional negligence suit brought against the broker in connection with the death of Emiliano Sala in 2019.
Zurich waives return of insurance settlement for bird sculpture
Zurich has waived the insurance settlement for a rare £30,000 Wally Bird sculpture, which was stolen nearly two decades ago and has been now been recovered and returned to the London borough where it was crafted in 1894.
#28 AIG Europe
Luxembourg-domiciled AIG Europe appears on this year’s Insurance Post Top 30 European Insurers List for the first time after reporting 12.5% average premium growth for the year.
Top 30 European Insurers revealed
Allianz and Axa have held on to the top two spots on Insurance Post's Top 30 European Insurers 2023 list and accounted for slightly under a quarter of total GWP in the dataset, which was produced by AM Best.
#24 RSA
UK-domiciled RSA climbed one place to 24th position in this year’s Insurance Post Top 30 European Insurers 2023 despite reporting -7.7% average premium growth for the year.
#23 Beazley
UK-domiciled Beazley in one of the biggest climbers this year’s Insurance Post Top 30 European Insurers 2023 List.
#21 Crédit Agricole
France-domiciled Credit Agricole managed to stay in 21st place in this year’s Insurance Post Top 30 European Insurers 2023 List by reporting just 7.4% average premium growth for the year.
#20 Mutua Madrilena
Spain-domiciled Mutua Madrilena managed to stay in 20th place in this year’s Insurance Post Top 30 European Insurers 2023 List despite reporting just 5.6% average premium growth for the year.
#19 Helvetia
Switzerland-domiciled Helvetia managed to stay in 19th place in this year’s Insurance Post’s Top 30 European Insurers 2023 List by achieving 10% average premium growth for the year.
#14 Vienna Insurance Group
Austria-domiciled Vienna Insurance Group is 14th on this year’s Insurance Post Top 30 European Insurers List after achieving 17% average premium growth for the year.
#13 Ergo
Germany-domiciled Ergo is in 13th place in Insurance Post’s Top 30 European Insurers 2023 List after beating rival R+V to deliver 3.8% average premium growth for the year.
#12 R+V
Germany-domiciled R+V managed to stay in 12th place in this year’s Insurance Post Top 30 European Insurers 2023 List despite reporting just 1.6% average premium growth for the year.