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RSA sees "competitive" UK market NWP shrink

RSA today reported group net written premiums of £1.9bn for the first quarter, up 8% (in line with 2008 at constant exchange rates). The insurer added it expects to deliver a COR of around 95% in 2009.

Premiums are on a 'knife edge' - Aon

UK companies renewing insurance in Q2 could be paying equal or less premium with just 50% of underwriters pr edicting an increase in property rates, according to Aon's quarterly index Market Pulse.

Endurance Q1 net income improves

Endurance Specialty Holdings, the Bermudian (re)insurer, said that net income for the first three months of the year rose to $78.3m from $77.8m in the first quarter of 2008.

Zurich GI profit cut by 25%

Zurich has reported that its general insurance gross written premiums decreased 12% to $9.8bn and a decline in profit of 25% to $889m. Its general insurance combined ratio worsened 1.2 points to 95.8%.

Beazley reports jump in GWP

Beazley, the Lloyd's (re)insurer, said that gross written premiums for the first three months of the year were up 27% on last year.

Beachcroft to open in Wales

Beachcroft is to open an office in Newport, South Wales, taking over 109 staff and the entire defend...

Cooper Gay income up 22%

Cooper Gay has announced a 22% increase in income to £83m (2007: £68.1m) and an earnings increase of...

Optimism in recession

A third of employers within the insurance industry believe that the sector has been less affected by...

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