Insurer News – Page 396
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News
IAG takes £197m hit on Equity Red Star valuation
Despite hit, IAG UK turns corner as losses decline and profit expected in 2013
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Ecclesiastical H1 result hit by UK weather claims
Insurer reports group COR of 109.9% as pre-tax profit halves
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RSA launches fire prevention product
LINC Prevention Services combines electrical appliance inspections, insurance surveys and prevention training
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Groupama to underwrite 10,000 home contents policies
Paradigm Housing Group launches free initiative for residents
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Online only
Amlin bounces back after hellish 2011
Amlin’s ACI unit, bought from Fortis in 2009, is the only blemish in an otherwise solid set of first-half results
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One quarter of grandparents shun travel insurance
But 56% say safety is No1 concern when its comes to looking after their grandchildren
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Arc Legal secures e-Underwriting schemes
Legal expenses schemes cover families and insurance and rent
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Amlin swings back to £169m profit in H1 2012
Lloyd’s insurer boosted by underwriting profit and limited catastrophe activity
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Brit expected to deliver extra £175m GWP to QBE
UK renewal rights acquisition to expand QBE’s portfolio to £500m
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QBE H1 profits up 13% on lower catastrophe claims
But European operations profits and GWP down during 2012