Direct Line Group
RBSI boss pleased with progress during "an important quarter"
Royal Bank of Scotland Insurance CEO Paul Geddes has hailed the three months to 30 September as "an important quarter" in which "progress" has been made.
RBS Insurance ramps up claims reserves by a further £100m in Q3
RBS Insurance today said it had set aside a further £100m for bodily injury claims reserves, largely relating to periodic payment orders. This follows the £320m established in respect of bodily injury in quarter two by the owner of Direct Line and…
Penny Black's insurance week
Penny understands that one managing director of an insurance firm had his moment in the sun last week.
RBS appoints banks for insurance sale
The Royal Bank of Scotland has confirmed the appointment of Morgan Stanley and Goldman Sachs to oversee the sale of its insurance division.
Esure reveals earliest date for an IPO will be 2014
The founder and chairman of direct insurer Esure Peter Wood has revealed that 2014 is the earliest that it will launch an initial public offering.
Interview - Jon Greenwood: Into the hot seat
With a high turnover during the past seven years, the role of managing director of commercial and broker at RBSI could be seen as a poisoned chalice. Jonathan Swift talks to Jon Greenwood, the latest incumbent, about his optimism for the task in hand.
Postscript - Five years ago: Poor bumper design costing £250m a year
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Website Review: Aviva
In the latest of the new series for Post, web performance monitoring specialist Gomez turns its focus on Aviva's website, to assess how the insurer performs in a number of key areas and how it compares to some of its rivals.
MMA names new underwriting director
Former Esure underwriting and business development director Colin Batabyal has joined MMA, almost 11 months after departing his former employer.
Interview - Patrick Snowball: Turning the light on at Suncorp
When Patrick Snowball headed to Brisbane to take the reins at Suncorp, many in the UK industry were surprised. Jonathan Swift finds out why he took this particular job offer and his plans for his tenure.
Top 100 UK insurers - 2009
AM Best's top 100 insurer rankings in full, according to Financial Services Authority returns for 2009.
Brand analysis: A robust year for insurance brands
Despite the ongoing disruption in the financial services sector, the brand value of insurers has seen a healthy increase. James Park reports on the results and looks at the opportunities for the coming year.
Top 100 UK insurers - Top 20 spotlight
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5 years ago: RBSI sees more staff changes
Looking back through Post's back catalogue paints a unique picture of mroe than 150 years of insurance newss, as this highlight from five years ago reveals.
Interview - Sandy Scott: Discovery continues for tireless Scott
As CII chief executive Sandy Scott notches up a decade at the helm of the institute, he talks to Lynn Rouse about change, challenges and his critics, plus the professionalism agenda he is intent on pursuing.
Buffett again linked with RBS Insurance business as bank begins adviser search
Warren Buffett has again beeen linked with the Royal Bank of Scotland's Insurance business according to reports in the weekend newspapers.
RBSI confirms office closures
Royal Bank of Scotland has confirmed that it will close 14 of its 27 insurance offices by 2013 with 2000 staff set to lose their jobs.
RBSI outlines plans to close 14 of 27 sites
Royal Bank of Scotland Insurance has revealed details of a mass closure of UK insurance sites that will see 2000 people lose their jobs.
RBS to shed 640 Direct Line jobs
Royal Bank of Scotland is set to cut more than 600 Glasgow-based Direct Line staff, the BBC reports.
Admiral rules out RBSI bid due to price and likely OFT challenge
Motor insurance group Admiral has ruled itself out of any bidding war for the Royal Bank of Scotland Insurance businesses including Direct Line and Churchill.
RBSI CEO cries injustice as it is hit with 30 PPOs
Royal Bank of Scotland Insurance's decision to strengthen its reserves by £320m in lieu of bodily injury claims has contributed to an operating loss of £253m in the first six months of the year.
RBS Insurance records £253m loss in H1 2010
Royal Bank of Scotland's financial results show its insurance business in the first six months of 2010 was adversely impacted by a significant increase in bodily injury reserving, including adding £241m to reserves relating to prior years. In total RBSI…
News analysis - NIG withdrawal: NIG: a very personal exit
The announcement of the proposed closure of NIG's personal lines business last week has raised a host of questions.
Postscript - five years ago: RBS merry-go-round continues
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.