Commercial Lines related articles – Page 145
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Online onlyInsurers’ strong results belie commercial lines troubles
RBSI, RSE, LV= and Allianz join AXA and Zurich in posting improved 2011 results, but the boost was partly caused by external factors, and commercial lines look grim
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NewsRSA’s ‘strong position’ prompts S&P upgrade to A+
Big acquisitions or capital deterioration could trigger downgrade
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NewsQBE Europe warns of tough UK market as profit drops 23%
Insurer’s London market operations hit by global catastrophes
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NewsTorrance predicts tough 2012 as Allianz UK profits rise 6.4%
Combined ratio holds steady at 95.7%
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NewsLV= enters new phase as profits double
Underwriting profitability restored as combined ratio drops to 97.7%
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NewsChartis returns to profit despite personal lines slump
Higher claims bill cuts personal lines profit to $24m
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NewsNIG returns to profit in 2011
Broker-only insurer ‘a big part’ of RBSI’s future growth, says chief Geddes
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NewsRBSI reports £454m 2011 profit after fourth positive quarter
Lack of reserve strengthening and weather claims helped turnaround
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Online onlySoaring Tesco gives Ageas £655m boost
Joint venture with supermarket hits profit in second year
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NewsAgeas UK returns to full-year profit after ‘great’ 2011
Insurer posts £105m profit, 99.9% combined ratio and £2bn revenue
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NewsZurich and Travelers plead guilty to spying
FBD, Zurich and Travelers plead guilty to 10 sample charges of breaching the Data Protection Act
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NewsAon wins Petrofac account
Aon to provide insurance brokerage and risk management to oil and gas firm
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Online onlyRBSI rebrands, taking Direct Line moniker
Insurance group also registering as a public company, while split from parent RBS more likely to be through flotation
