Insurer News – Page 394
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NewsDirect Line may relax tough stance on young driver quotes
Less-stringent quoting driven by greater confidence in the risk model
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NewsDirect Line returns to underwriting profit in 2012 with 99.2% COR
Improvement came despite £105m of flood claims
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NewsEsure agrees to potential sale of Gocompare stake
But Esure chief Vann insists he is happy with 50% holding
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NewsCloutier: Brit’s 2013 results will beat 2012’s
Chief executive hopes for even better performance after 11% profit rise
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NewsQBE results boosted by investment returns
Superstorm Sandy and US drought affect underwriting profits
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NewsQBE Europe chief Burns named group finance head
Current finance chief Neil Drabsch to retire next year
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NewsLV= profit up 54% as investment return bolsters results
Bad weather claims blamed for fall in underwriting profit
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NewsTorrance hails Allianz UK’s ‘successful’ 2012 despite 4% profit dip
Insurer profited despite weather claims and tough commercial environment
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NewsDirect Line IPO advisers to get £7m bonus - report
RBS to pay discretionary sum because it was satisfied with flotation
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NewsNovae’s Saacke named chief executive of Q-Re
Former Novae Re head takes helm of Qatari reinsurer from Ewen McRobbie
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NewsHiscox UK makes £45m profit despite ‘record’ flood losses
Lloyd’s insurer to launch tied agency for UK business
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NewsAXA UK strengthens reserves for old EL claims
UK chief Evans dubs deafness ‘the new whiplash’ after flurry of claims
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Online onlyAussie insurer feels the UK heat
IAG’s 2012 results hit by the cost of selling its UK arm
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NewsIAG suffers £122m H1 loss from Equity Red Star
Australian insurer expects further £54m hit in H2 from sold UK operation
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NewsEvans hails AXA UK progress as profit almost doubles
Weather losses push combined ratio to 100.2%, masking motor improvements
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NewsWatson: Ageas retail write-down was ‘prudent’
Decision to take £32m charge was based on expectations of future profitability
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NewsBrown: RSA to open two new UK trading offices this year
Chief executive underscores commitment to brokers and commercial lines after weak commercial results
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NewsDual appoints Alan Grant as non-executive chairman
Grant to help build underwriter into global underwriting agency
