Insurer News – Page 451
-
Online onlyRevamped motor helps boost Zurich UK profits 19%
Swiss insurer Zurich’s UK general insurance business made an operating profit of $115m (£70.8m) in the first half of 2011,up 18.6% on the $97m it made in last year’s first half.The division also posted a strong improvement in underwriting profitability to $22m (H1 2010: $4m). The UK general insurance combined ...
-
-
-
-
-
-
AnalysisDaily briefing: Tuesday - Don't overplay the riot card
Insurers should be cautious of pushing for government help or price rises following this week's riots
-
-
-
-
-
-
Online onlyAllianz UK H1 profit dips and COR rises
Allianz UK saw its profit fall 2% in the first half of 2011, Allianz’s group accounts reveal.Allianz’s UK operating profit was €89m (£77.5m) in the first half of 2011 compared with €91m in last year’s first half. The company’s first half combined ratio was 96.2% - 0.9 points worse than ...
-
Online onlyRBSI posts £206m H1 profit, but 103% COR
Royal Bank of Scotland Insurance (RBSI) made an operating profit of £206m in the first half of 2011, compared with a £253m loss in the same period last year.However, a reduction in earned premiums resulted in the firm posting a loss-making combined ratio of 103%, though this is a large ...
-
-
-
-
-
Online onlyPersonal lines rescues RSA’s underwriting result
RSA’s UK business made an underwriting profit of £8m in the first half of 2011, as personal lines profits offset commercial lines losses.This was an improvement over the £2m profit made in the first half of last year.The personal lines underwriting result almost doubled to £27m, which RSA attributed to ...
