Commercial lags behind personal as 
major insurers reveal their 2011 hands

financial-results-s

The results season is more than halfway through and, while analysts have highlighted the increased profit in personal lines despite market saturation, they claim commercial is lagging behind and could worsen.

RSA and RBSI posted their full year results last week. RSA’s personal lines business saw a 10% growth in pet and household, and a £60m underwriting profit in personal overall but a £20m loss in

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London Market arranges training to stamp out misconduct

Following the publication of the Financial Conduct Authority’s report on non-financial misconduct in the wholesale specialty insurance market, the Lloyd’s Market Association, International Underwriting Association, and London and International Insurance Brokers’ Association have launched a new joint training programme.

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