Financial Ratings – Page 100
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NewsDye: Allianz motor rate hikes are ‘well ahead’ of claims inflation
UK chief executive confident that remedial action will work
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NewsBluefin hires finance operations head from Howden
Broker also names Amber Wilkinson as permanent finance chief
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NewsAllianz UK profit drops as ‘corrective action’ taken in private motor
The insurer has also increased premiums in motor ahead of claims inflation
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NewsChina explosion eats into Berkshire's underwriting profit
Company expects £86m claims bill from event
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NewsQuindell plans to change name to Watchstone Group
Company also plots to share merger and reduction of capital
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NewsHiscox UK GWP up 3.9% in year to date
Lloyd’s insurer expects £6.6m claim from China port explosion
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Online onlyJob cuts fail to quell growing calls to mull AIG carve up
Loss-making insurer faces battle to convince Wall Street as billionaire investor plots AIG slice up
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NewsRSA’s Lewis: Brokers understood personal motor exit
No more big withdrawals planned, UK chief executive insists
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NewsLarge claims nearly halve Zurich UK GI 9-month profit
Operating profit falls to £92.6m from £178.8m as GWP falls 3% and COR worsens by 7.7 points
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NewsRSA incurs large losses of £409m
The insurer said the amount was ’slightly worse’ than it had planned for
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NewsRSA UK premiums up 2% as group core falls 5%
In UK personal lines premiums were down 4% due to ongoing impact of RSA’s withdrawal from certain businesses
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NewsLancashire 9 months pre-tax profit falls to $121.5m from $135m
Company announces $188m special dividend payout to shareholders
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NewsAgeas’s Watson: CMA probe failings driving up motor claims costs
Company will sacrifice home insurance volume to stay profitable, chief executive says
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NewsApollo ‘no longer interested’ in buying Xchanging
Withdrawal could pave the way for Capita takeover
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NewsAIG chief: Icahn’s breakup plan makes no sense
Peter Hancock sees ‘tremendous benefit’ in combining life and non-life insurance
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NewsCompetition pushes L&G GI premiums down 11%
Insurer expanding its digital strategy with mobile-friendly platform
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NewsJLT insurance grows, but group cuts profit forecasts
Downturn in employee benefits and adverse currency movements offset better insurance result
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NewsDLG 9 months GWP rises 1.3% to £2.40bn
Growth in motor, commercial, rescue partly offset by decline in home insurance
