All articles by Ben Dyson – Page 63
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UK motor: better, but still not good
Deloitte’s figures show a marked improvement in combined ratio, but these days insurers can’t rely on investments to make a profit
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IAG plans sale of ailing Equity Red Star, but may struggle to find buyer
Announcement marks reversal of previous commitment to keep and fix the business
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Don't let the financial crisis get you down, brokers told
Biba industry panel says good brokers continue to thrive despite global turmoil
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Allianz results hit by rising liability claims
UK chief says 100% commercial ratio ‘not acceptable’, while recession-related claims are blamed for poor performance
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QBE Insurance Europe makes £74m 2011 underwriting loss
Claims net of reinsurance climb 9% to £741m
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JLT's Martin Hiller and Adrian Girling
JLT’s chief executive and chairman talk about the opportunities for growth they are targeting and why service is their trump card
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IAG looks for a clean exit
News that IAG is considering a sale of its UK arm is a sign of the troubled times in motor.
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Challenges continue for UK GI market
The industry is on a stable financial footing for now, but insurers are faced with a difficult landscape to navigate
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GWP to stabilise this year, says Zurich
Zurich is expecting its UK gross written premium to stabilise in the second half of this year after recent falls related to re-underwriting and repricing of its UK motor book.The company’s GWP dropped 7% to $502m (£312.2m) in the first quarter of this year, from $540m in the same period ...
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Keychoice boss says ‘stupid’ practices forced outsourcing
Soft market methods by rival insurers have created ‘abysmal’ market, says Davey
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Household rates must rise more, says Ageas
Firm’s Q1 profits leap six-fold despite lower GWP
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2012 is still tough, says Perkins Slade
The company’s profit before tax fell 13% last year, and it predicts ‘continued pressure’ into this year
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Is Moss’s £1.75m pay-off really ‘obscene’?
Aviva’s departing chief executive is set to pocket a nice golden goodbye – but it could have been much more
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Direct Line hit by move to standalone status
Inclusion of non-core business inflates COR to 106%
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Simon Lee and Adrian Brown, RSA
RSA’s new chief executive Simon Lee and UK boss Adrian Brown talk about their strategy
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RSA signs agency deal as personal motor falls 17%
Insurer’s contract with OIM marks its move towards household and commercial
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Is RSA's commercial boost a sign of market revival?
RSA grew commercial lines NWP by 11% in Q1, but underwriting discipline, not rate rises, may have been the main driver
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Marsh's third-party politics
Marsh has sold the bulk of third-party wholesaler GHC only two years after its creation
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Hardy faces criticism for rejecting higher offer
‘Body blow’ of catastrophes in 2011 wiped two-fifths from Hardy’s book value
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Hodges remains upbeat despite £75.5m loss and fall in broker profits
Poor economic conditions present consolidator with more acquisition opportunities