Latest News – Page 1361
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Online onlyOn the QT: More bite, less blah
Sid is fed up with the same old messages from those at the top. It's time to ask for new answers
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Online onlyRBSI profits in Q1 but COR still above 100%
Royal Bank of Scotland Insurance (RBSI) made an operating profit of £67m in the first quarter of 2011 compared with a £50m loss in the same period last year.However, the company is still losing money from underwriting – though less than previous quarters. Its combined operating ratio for the quarter ...
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Online onlyAXA's UK revenues up after 6.8% rate rises
AXA’s UK and Ireland general insurance business posted IFRS revenues of €916m in the first quarter of 2011, up 6% on the €862m it made in the same period last year.The company put through general insurance rate increases of 10.4% in personal lines during the quarter and 2.2% in commercial ...
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Online onlyZurich plunges into UK Q1 underwriting loss
Zurich’s UK general insurance business made an operating profit of $40m in the first quarter of 2011, down 16.7% on the $48m it made in the same period last year.The division made an underwriting loss of $8m in Q1 2011, compared with a $5m underwriting profit in Q1 2010, and ...
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