RSA Group
RSA reports £80m profit dip at group level
Insurer RSA has announced a group pre-tax profit of £474m for 2010 – down £80m on the figure for 2009.
RSA bolsters motor reserves and reports UK underwriting loss of £95m
RSA's UK business reported an underwriting loss of £95m (2009: profit of £75m) and a COR of 102.2% (2009: 98.0%) in 2010.
No-claims household insurance discount considered by Axa
Axa is considering awarding no-claims discounts to household insurance customers to encourage them to take more responsibility for preventing weather-related losses and improve its book's profile.
RSA responds to Polish court ruling
RSA Group has responded to a court ruling in which its Polish direct insurance business was fined £21 300.
RSA fined for slur on Polish brokers
RSA Group’s Polish direct business Link 4 is being forced to make a televised apology after its own TV campaign portrayed insurance brokers as “greedy and antisocial”.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
RSA embroiled in legal row over ‘new credit hire’ – Insurance News Now – 17 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including how RSA has become embroiled in a legal spat with Provident over subrogated motor repair costs.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
RSA property launch boosts SME ambition
RSA is set to launch a new property product next month as part of wider plans to become a top-five player in the SME sector.
Career development & CSR: More Than take campaign to Manchester
More Than is to take its road and fire children's safety campaign sponsorship to Manchester.
ELTO attracts 90% of insurer market
More than 90% of employers’ liability insurers have voluntarily signed up to the Employers’ Liability Tracing Office service.
RSA appoints new CEO for Asia Middle East
RSA has appointed Stuart Purdy CEO for the Asia & Middle East region (AME).
Aviva is "considering RSA bid"
Aviva is considering making a bid for RSA, according to press reports.
News analysis - Aviva shake-up: Mayer's return to Europe
With Igal Mayer set to spearhead Aviva's European plans, Daniel Dunkley asks the market its opinion on the appointment of this divisive figure and how he is likely to fit in with the firm's strategy.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
Everatt buy makes Parabis a £100m turnover company
Parabis Law has expanded its defendant insurance operation and secured a foothold in the Midlands after completing a takeover of Everatt & Company.
RSA boss: cold snap could push up rates
RSA's UK chief executive has said the insurance industry's experience of weather-related claims this winter has the potential to push up household rates in the long term.
RBS Insurance targets direct HNW market with ‘Select’ launch – Insurance News Now – 27 January 2011
Post reporter Amy Ellis outlines the main news from this week's issue of Post, which includes the introduction of Direct Line Select.
Post Magazine – 27 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
RSA agrees Policyfast deal
RSA has agreed to provide business car and van policies to online wholesale underwriting agency Policyfast.
Analysts postive on Aviva and RSA following market updates
Analyst Jeffries has issued two positive notes on insurers Aviva and RSA this morning in the wake of the announcements made yesterday.
RSA expects 2010 profit to be at least £600m despite 2.4pt COR weather hit
RSA expects to show net written premium growth of 11% to £7.46bn, a COR of between 96.5% and 97.0% and an operating profit of between £600m and £630m in its 2010 full year results.