Commercial Lines – Page 153
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News Analysis
Double or nothing
Taxpayer-subsidised NIG has been accused of recklessly undercutting its rivals with a controversial guarantee to beat the prices of 15 rival insurers. Critics warn that such tactics not only hurt insurers’ bottom line, but prolong a soft market for all
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People & Opinion
Interview: Philip Gregory
Brought in to wake a sleeping giant, the former HSBC Insurance boss couldn’t have predicted he’d soon be preparing for a sale to his erstwhile home Marsh. Gregory talks for the first time about the events leading up to his departure and why you should never go back
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News
RBSI loses £295m, but has reached a ‘turning point’
Paul Geddes says reserve-strengthening is over, despite COR rising to 115% in 2010
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News
RSA’s Brown upbeat despite £95m loss
UK result ‘disappointing’ as COR hits 102%, but premiums rise 11%
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News
Hiscox doubt over rate rises
Chief Masojada has doubts that commercial lines pricing will go up
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News
Blanc gets down to work at AXA with top team overhaul
Far-reaching restructure begins with creation of two new roles, but job losses will follow
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Online only
Blanc reveals radical overhaul of AXA top team
Speaking exclusively to Insurance Times, new AXA commercial chief executive Amanda Blanc talks job losses, promotions, AXA’s local presence and her plans for Bluefin
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Breaking News
Soaring claims to hit SPI insurers, says Datamonitor
Research predicts even tougher margins for qualifying insurers
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Davey's blog: A fair price for equality?
If the European Court rules against gender-based premiums tomorrow, it would be a misguided approach to fairness
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Aegis London to underwrite livestock after Markel raid
Aegis swoops on Markel underwriter to head new line of business
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Breaking News
RSA declares Aviva bid 'a closed chapter'
Chief Andy Haste puts to bed any chance of a second bid
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RBS Insurance suffers £295m loss
Royal Bank of Scotland Insurance boost reserves by half a billion and scales back taxi, fleet and NIG drivers
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LV= profits despite £43m underwriting loss
Insurer boss confident of underwriting profit in 2011
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Haste hails RSA's "strength and resilience"
RSA chief executive positive despite "extremely tough year"
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RSA UK hit by £95m underwriting loss in 2010
Reserve strengthening includes £22m for UK commercial motor
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Allianz UK profits down 20%
Allianz profits down to 180m Euros in 2010 in challenging UK market