Insurer News – Page 502
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Fraud increasing motor rates at record pace
AA Insurance says rising car insurance fraud is punishing honest drivers
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Healix seals Virgin Atlantic deal
Healix International lands medical claims management contract with airline
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Marsh in contamination insurance launch
New Marsh product to protect water utility firms
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Parabis backs Argent and Carmichaels merger
Parabis Group says Carmichaels will compliment Argent
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Ink secures new solicitors' PII capacity
Ink and St Giles launch new solicitors professional indemnity insurance facility
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Keychoice Underwriting secures insurer backing
New MGA launched by Jonathan Davey now writing business
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AXA Insurance appoints finance director
Waseem Malik promoted to finance director at AXA Insurance
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People & Opinion
Interview: Donal Kelly
XL’s regional director is the master of understatement and his growth plans may be modest. Yet there was nothing understated about the financial strife the insurer found itself in back in 2008, nor its impressive return to profit
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News
Analysts: we expected fall in Chaucer profits
Motor exposure should offer rate increases in 2010, regardless of cat levels
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News
Omega blames cat events as it plunges to £22m loss
Low earned premiums in first half also contributed to poor performance
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Fortis UK doing better despite half-year results, says Smith
Private motor book losses and volcanic ash claims contributed to poor performance
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Co-op is optimistic despite falling profits in first half
Household and motor books hit by extreme weather, but new business rates up 40% on January 2009
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People & Opinion
Leader: Could Buffett perform a motor miracle?
“Tony and I feel like two hungry mosquitoes in a nudist camp. Juicy targets are everywhere.” So said Warren Buffett of his US motor insurer GEICO, chaired by Tony Nicely, in a letter to shareholders last year
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News
Bidders line up for NIG as speculation surrounds RBSI
Bank moves to appoint corporate advisers to manage process through a sale or flotation
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Catastrophes push Ecclesiastical into the red
Insurer posts highest claims ratio for 10 years