Personal

Average motor premiums fall in 2012

Actuaries have questioned whether recent reductions in the average costs of motor insurance premiums have come prematurely, as personal injury costs continue to rise.

Scrap Metal Dealers bill passes second reading

The insurance industry is one step closer to seeing tighter laws in place against "wanton" acts of metal theft after the House of Commons voted for a Private Member's Bill to go through to the committee stage.

LAS chairman Posner retires

LAS Claims Management chairman Howard Posner, pictured, has stepped down following a management restructure to position LAS for further business growth.

Aviva faces £40m flood bill

This summer's floods could cost three major household insurers almost £70m in the first half of the year, according to analysts.

Market moves: Another busy week for insurers

This week, once again, belonged to insurers, with a number of firms making significant management changes. While Aviva stole the limelight with another reshuffle, Zurich quietly added a new CEO and Mitsui Sumitomo at Lloyd's rejigged its risk management…

Blanc unveils "long term" broker plan for Axa

New personalities, changes in the market and Axa Commercial's success in improving customers' perceptions of the business have prompted the insurer to change its model from one split down business lines to one based on distribution channels.

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