Latest News – Page 1257
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NewsRBSI reports £454m 2011 profit after fourth positive quarter
Lack of reserve strengthening and weather claims helped turnaround
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NewsIAG UK ‘almost at breakeven’ after repricing
Troubled unit’s £5m loss is a big improvement on this time last year
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NewsBodily injury legal fees cost policyholders £2.4m a day – ABI
Trade body urges cut in ‘exorbitant’ costs
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Online only
Wednesday: China, here we come
Could foreign insurers increase 0.1% market share if they are allowed to sell the whole motor package?
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NewsTroubled broker Astbury Wren acquired
Chester-based firm went into administration earlier this week
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NewsPlumeri faces heat after Willis contingent U-turn
Willis warned backtracking on controversial payments will unsettle risk managers; campaign website down but YouTube site still up
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NewsBarclays PPI complaints jump 67% in H2 2011
Bank received 122,992 complaints in the second half of the year
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NewsBroker boss Finch predicts network consolidation
The current network arena is unsustainable, according to Alec Finch
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NewsEx-Aviva boss Snowball on a high after profit leap
Suncorp defies tough global economy and natural catastrophes to notch up big bounce in profits
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Online only
AXA leads way as insurers reveal improved results
UK and Ireland group posts underlying profit of £133m though motor is still suffering
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Online onlyBrokerbility backs troubled Groupama
Group says insurer is ‘no different from anyone else’
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Online onlyWillis comes under Airmic fire over contingent U-turn
Move is embarrassment for chief exec Joe Plumeri, who campaigned against payments
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Online onlySixty minutes with the PM
Seven insurance leaders sat down with David Cameron last week to discuss lowering motor premiums in exchange for action on compensation fraud. It means risk for both sides, but can the prime minister bring about real change?
