Insurance news

• RSA's results make independence a credible alternative to Zurich buyout

  06-08-2015 20:55
  
  First-half results vindicate chief Stephen Hester and could take insurer’s share price beyond the reach of Swiss rival, whose own reported figures are weak As the first chapter of a possible defence document, RSA’s first-half results read very well. After 18 months of cutting costs and flogging small units overseas, chief executive Stephen Hester has something to shout about. Unlike a year ago, the company achieved the basic requirement for a general insurer of making an underwriting profit.
  
  Read more

• Lewis: RSA struggles to compete in regional broker motor market

  06-08-2015 18:31
  
  UK and western Europe chief says company still has much work to do despite strong H1 result
  
  Read more

• Aston Scott's Peter Blanc joins Hastings board

  06-08-2015 17:33
  
  Broker also hires lawyer Selina Sagayam as non-executive director
  
  Read more

• Vibhu Sharma: Large H1 claims cost Zurich UK £50m-£60m

  06-08-2015 15:01
  
  Insurer’s UK GI chief urges industry to take long-term view on home rates
  
  Read more

• Advertisement

• ABI issue warning as EU Data Protection regulation looms

  06-08-2015 14:21
  
  The new regulation is expected to be introduced in late 2017 at the earliest
  
  Read more

• Tulloch: Aviva motor profit hit by reserve hike and growing pains

  06-08-2015 13:53
  
  UK GI chief insists £6m strengthening was a one-off
  
  Read more

• Advent Solutions sells 40% stake to Abbey International Finance

  06-08-2015 13:38
  
  Advent hope the increased capital will help it strengthen its delegated authority arm
  
  Read more

• CMC regulator fines firm £220,000 for deafness claims nuisance calls

  06-08-2015 11:29
  
  Between 2014 and 2015 - 296 claims firms received warnings from the regulator and 105 had licences removed
  
  Read more

• Advertisement

• Zurich UK GI operating profit halves as big claims hit

  06-08-2015 11:15
  
  COR jumps 6.7 points to 98.9% as losses from Clandon Park and Oxfordshire arson attacks hit
  
  Read more

• 'RSA can perform well on its own under new guise' – Stephen Hester

  06-08-2015 10:38
  
  Hester says RSA’s half-year results is evidence that insurer’s turn-around is paying off
  
  Read more

• Quindell share price drops sharply as trading resumes

  06-08-2015 10:04
  
  Insurance outsourcer’s trading suspension lifted this morning
  
  Read more

• Aviva UK GI profit drops 11% despite 93.2% COR

  06-08-2015 09:38
  
  Insurers’ personal motor book slips into underwriting loss with 101% COR
  
  Read more

• Aviva wins TSB contract from Lloyds Bank

  06-08-2015 09:15
  
  Aviva will underwrite general insurance products under TSB brand through 600 branches and digital platforms
  
  Read more

• RSA reports ‘best UK underwriting results since 2006’

  06-08-2015 08:44
  
  Overall 94.4% UK COR achieved despite 113.6% motor ratio
  
  Read more

• Zurich group GI profit dragged down by large UK losses

  06-08-2015 08:41
  
  Combined operating ratio also deteriorated by 2.6 percentage points to 98.3% 
  
  Read more

• Quindell restatement is 'biggest ever' - Richard Rose

  06-08-2015 08:30
  
  Quindell has revealed pre-tax losses of £238m for 2014
  
  Read more

• Endsleigh sales and marketing director departs

  06-08-2015 08:30
  
  Antony Smith had been at Endsleigh for 33 years
  
  Read more

Follow @Insurance_UKnws on Twitter!