Latest News – Page 1038
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Fitch: RSA’s Ireland and weather woes ‘manageable’
Rating agency affirms insurer’s A rating despite £200m of losses and concerns about underwriting controls
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CII launches consultation to review chartered status
CII could introduce ‘culture’ as new criteria
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Biba rounds on passported insurers
Latvian insurers shouldn’t be given free pass to Britain, Steve White says
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Barbican replaces departed active underwriter a year on
David Booth promoted a year after the departure of John Pilkington in November 2012
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Portal launches for scheme and niche brokers
The Broker Cloud will cover commercial motor and personal lines business
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Claims is major focus for Biba in 2014
Cross-industry effort on improving customers’ understanding
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Devitt offers free motorcycle safety app to customers
Existing REALRIDER users will also be offered discounted premiums
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RSA dogged by 'considerable uncertainties' as share price plummets
Shares fell 12.7% yesterday as market responds to profit warning
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Online onlyRTA settlements have almost doubled since portal launch
Average damages have increased by 12% over 2013
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RSA: UK unaffected by problems in Ireland
Irregularities that led to £70m profit warning became clear late last week
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Allianz’s Dye: insurers still accepting commercial CORs above 100%
Insurer achieved average commercial rate rises of 5.5% and expects £3m St Jude hit
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Allianz UK reports ‘tremendous’ 12% year-to-date profit rise
But chief executive Jon Dye warns of waning appetite for rate rises
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Bluefin hires new personal lines managing director
Jon Walker will also be responsible for managing the Bromley and Leeds operations
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RSA share price crashes 17% in 15 minutes
Cut operating profit forecast by £70m after finding problems in Ireland
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NewsAon wins two major FTSE accounts
Insurance Times learns that megabroker fought off competition from rivals to win prized accounts
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UK motor growth helps Catlin boost casualty GWP by 19%
Lloyd’s insurer’s total GWP rises 8% in year to date
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Riot Act review recommends insurer compensation cap
State should be liable for payouts to businesses with under £2m turnover, Kingham says
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Competition pushes Admiral Q3 UK motor turnover down 12%
Motor insurer reports ‘disturbing’ drop in other revenue per vehicle
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Regulators probe RSA after second profit warning
Ireland chief executive suspended after claims and finance ‘issues’ discovered
