Pricing pressure hits Fortis motor income by 7%

Fortis Insurance UK has reported overall gross written premium (GWP) for the first quarter 2005 has dipped slightly to £142.5 million (2004 Q1 £144 million).

In a statement, Barry Smith, chief executive of Fortis, said: “The newly acquired Age Concern book, representing gross written premium of £90 million annually is an early success and we continue to

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Lessons insurers must learn from LA wildfires

As celebrities condemn insurers after the most destructive wildfire event in Los Angeles County history, Emma Ann Hughes outlines what the industry must do to address the financial and reputational impact of the blaze.

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