Personal
View from the top – The right sustainability
Regulatory change, consumer choice and corporate responsibility are all driving business attitudes towards improved environmental performance, with smart sustainability strategies increasingly being seen as ‘sensible’ business practice.
Groupama sees uplift in French private motor in H1 2010
Groupama has recorded premium income Premium income of €8.6bn Euros (up 4.4% on a like-for-like consolidation and exchange rate basis) in the first half of 2010.
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…
Generali profits rise 73.2% in H1 2010 result
Generali has reported net profit up to € 873m (+73.2%) for the first half of 2010, with premiums at more than € 38 billion (+9.1%).
Generali profits rise 73.2% in H1 2010 result
Generali has reported net profit up to € 873m (+73.2%) for the first half of 2010, with premiums at more than € 38 billion (+9.1%).
Aviva GI CEO: motor rises to continue
Customers can expect motor insurance premium rates to continue rising as a result of sustained inflation in claims costs, Aviva general insurance chief executive David McMillan has said.
Autofocus snapped up days after going into administration
SG Consultancy has today announced the purchase of spot hire rate evidence providers Autofocus, following the company entering into administration.
Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
RSA results reveal 9% NWP growth for H1 2010
Insurer RSA’s UK net written premiums increased by 9% year on year to £1.46bn in the first half of 2010 (H1 2009: £1.34bn) according to its latest financial results.
RSA results reveal 9% NWP growth for H1 2010
Insurer RSA’s UK net written premiums increased by 9% year on year to £1.46bn in the first half of 2010 (H1 2009: £1.34bn) according to its latest financial results.
Aggregator spend to shift to emerging markets
The success of price comparison sites in the motor insurance market will be replicated in other personal lines, key aggregators have claimed.
Fire claims costs reduced
Insurers have paid out £566m for damage caused by fire in the second half of 2009, statistics from the Association of British Insurers have revealed.
Post Magazine - 5 August 2010
The August 5 edition of Post magazine is now available to subscribers as a digital interactive e-book.
Lloyds Bank PPI sales fall 23% in H1 2010 results
Lloyds Banking Group has reported that profit before tax and fair value unwind from its general insurance increased by 5 per cent to £195m in the first half of 2010, "due primarily to lower claims and reduced operating expenses".
L&G to roll out household TV ads after admitting motor re-entry is on hold
Legal & General has admitted that it has put plans to re-enter the motor market on hold.
Axa CEO: we will remain loyal to UK motor broker market
Axa Insurance's chief executive has pledged a commitment to the intermediated personal lines motor market.
Fortis gets FSA go-ahead for Kwik Fit Insurance takeover
Fortis today confirmed that regulatory approval for the purchase of Kwik-Fit Insurance Services has been given by the Financial Services Authority.
Moneysupermarket sees insurance reveune increase 9% to £40.6m in H1 2010
Moneysupermarket this morning reported that revenue from its insurance division for the first six months of 2010 increased 9% to £40.6m (H1 2009: £37.1m).
Ropner launches ship repairers liability product
The Ropner Yacht Team, part of Ropner Insurance Services, has announced the launch of a first party ship-repairers liability insurance product for individual yacht owners and underwriters.
Axa-owned broker Bluefin sees 4% drop in revenue in first half of 2010
Axa-owned broker Bluefin Insurance Group revenues were down 4% to £57m for the first six months of 2010, it reported this morning.
L&G H1 2010 result reveals £14m general insurance profit
This morning Legal & General reported a £14m general insurance profit for the six months to 30 June 2010 (H1 2009: £6m). £11m of this was attributable to its household book.
Axa UK CEO Moreau to leave for top job in France
Axa has confirmed long standing speculation that its UK CEO Nicolas Moreau is to leave his role and become CEO of Axa France.
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.