Latest News – Page 1054
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LV= profit up 54% as investment return bolsters results
Bad weather claims blamed for fall in underwriting profit
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Guy Carpenter appoints head of casualty
Reinsurance specialist hires casualty specialist from Partner Re
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Torrance hails Allianz UK’s ‘successful’ 2012 despite 4% profit dip
Insurer profited despite weather claims and tough commercial environment
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Direct Line IPO advisers to get £7m bonus - report
RBS to pay discretionary sum because it was satisfied with flotation
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Novae’s Saacke named chief executive of Q-Re
Former Novae Re head takes helm of Qatari reinsurer from Ewen McRobbie
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Hiscox UK makes £45m profit despite ‘record’ flood losses
Lloyd’s insurer to launch tied agency for UK business
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Birmingham still worst city in Britain for motor fraud
City tops motor fraud league table for fourth consecutive year
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AIG full year profits rise 200% despite $1.3bn Sandy loss
Bailed out US insurer in rude health thanks to life business
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AXA UK strengthens reserves for old EL claims
UK chief Evans dubs deafness ‘the new whiplash’ after flurry of claims
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Aussie insurer feels the UK heat
IAG’s 2012 results hit by the cost of selling its UK arm
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Female friendly telematics boosted by ‘familiarity’ rating
Sheilas’ Wheels product first to use road familiarity as rating factor
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KPMG calls for clear roadmap on Solvency II after latest delay
Key vote on Omnibus 2 delayed to 22 October, No official timetable for remaining process
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IAG suffers £122m H1 loss from Equity Red Star
Australian insurer expects further £54m hit in H2 from sold UK operation
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Evans hails AXA UK progress as profit almost doubles
Weather losses push combined ratio to 100.2%, masking motor improvements
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Watson: Ageas retail write-down was ‘prudent’
Decision to take £32m charge was based on expectations of future profitability
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Brown: RSA to open two new UK trading offices this year
Chief executive underscores commitment to brokers and commercial lines after weak commercial results