RSA Group
Argo International swoops for Willis wordings specialist
Lloyd’s insurer Argo International has recruited Willis wordings specialist Jill Unsworth.
Investment: Diminishing returns
Insurers are predicted to find it increasingly difficult to make high yields from investments, so what can the industry do to turn the tide and increase returns?
Industry hits back in fraud jail debate as insurers win crash-for-cash cases
Insurers have hailed a recent string of crash-for-cash fraud court victories – where a judge warned the public they risk prison if they participate in insurance fraud – as a victory against criticism of jail sentences for fraudsters.
Haste plotting swoop for Co-op's GI business
Former RSA boss Andy Haste has been linked with a private equity bid to buy the general insurance arm of Co-operative Group.
RSA extends outsourcing agreement wih Accenture
RSA has signed an extension with Accenture for its application outsourcing agreement for another five years to the end of 2020.
New senior fleet underwriter for Xbroker
Moorhouse subsidiary Xbroker has appointed David Grimsey as senior fleet underwriter.
Motor sector cites rates and reforms as COR soars
Motor insurers have bemoaned the impact of rock-bottom rates on their first-half figures, prompting some industry leaders to rule out further rate reductions in the second half of the year.
Editor's comment: Bad gambles see millions dropped
While the average 2.2 million viewers of The Million Pound Drop often urge contestants to take a gamble, they are well aware of one vital rule that it seems some insurers have forgotten: if you are not 100% sure of the answer, the only way to proceed is…
Market moves: Insurers on top as appointments enter summer lull
Insurers eclipsed brokers in the recruitment race this week, as appointment activity entered its summer lull. QBE property director Finlay Smith returned to RSA and notable hires were also completed at Novae and Covéa, where commercial lines director…
Markel takes more space in Walkie Talkie after Alterra acquisition
Markel International has finalised terms to pre-let additional space in 20 Fenchurch Street or the 'Walkie Talkie' building after completing its acquisition of Alterra.
XL Group appoints RSA's Jenkins as underwriting manager
XL Group has appointed Simon Jenkins as its underwriting manager for general property in the UK.
RSA's Brown says underlying result not as 'impressive' as headline figures
RSA’s improved commercial lines results are “overstated” according to UK and Western Europe chief executive Adrian Brown, who downplayed the results.
RSA posts 24% rise in H1 profit
RSA booked profit before tax of £250m for the first half of 2013, a 14% increase on the same period in 2012, while post tax profit was up 24% at £190m.
In Series: Claims: Joining forces
Bilateral agreements and a better use of technology can help insurers operate more efficiently when it comes to subrogation.
In Series: Claims: A moral dilemma
The industry is split over the ethics of subrogation. Will Competition Commission intervention resolve the situation once and for all, or can insurers find their own solution through bilateral agreements?
Allianz to replace RSA in Ford insurance partnership
Allianz has closed a deal with Ford to become its UK partner for its branded motor insurance.
Axa appoints RSA’s Owen Shelley to Midlands role
Axa has named Owen Shelley as its senior mid-corp development underwriter.
Bruce focusing on consultancy after short-lived RSA role
RSA has confirmed the departure of former distribution manager Cathie Bruce, four months after she left the firm on a “mutually agreed” basis.
RSA hikes pensions contributions despite 36% drop in deficit
RSA has increased to contributions to its pensions deficits, in spite of valuations showing a drop of more than a third in the size of the shortfall, due to lower bond yields.
Vision 2020: Full steam ahead
Despite the report fading from memory, the insurance industry is still on track when it comes to achieving Vision 2020’s key aim to progress the industry
In Series: Claims: Problems shared
In a price-sensitive environment, can claims service with an emphasis on communication play a role in retaining customers?
38 RSA jobs at risk in Horsham
RSA employees working at the commercial mid-market operation in Horsham, West Sussex, have been told they are at risk of redundancy as the insurer reshapes its commercial business.
Haste tipped for the top at Lloyd’s as insiders claim job ‘is his for the taking’
Ward praised for maintaining strength of market during tenure.
In Series: Claims: Investigating the investigators
What will the FCA’s examination of insurers’ use of private investigators uncover – and will it affect industry efforts to combat fraud?