Motor – Page 82
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Companies & MarketsHow LV= has avoided the bodily injury mess
LV= reported strong growth in its GI unit despite strong bias towards motor
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Online only17% of drivers lie to get cover
One in six motor insurance customers inputs false information
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NewsLV= predicts bumper profit, but says that it won’t last
O’Roarke warns of more modest figures: ‘we won’t keep growing at 37% a year,’ he says
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NewsOne in six motor customers inputs false information
ABI and DVLA research also reveals that 1% of customers don't have a valid driving licence
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Online onlyFraud increasing motor rates at record pace
AA Insurance says rising car insurance fraud is punishing honest drivers
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NewsFull steam ahead as Admiral reports profits up by 21%
Finance chief says company was helped by early adoption of price comparison sites
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NewsFortis 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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NewsCo-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 & OpinionInterview: Michael Watson
Selling insurance for the last 100 years, Canopius Group certainly has a sense of history. But, with a steely focus on profitability and building up the company before a private equity exit, its chairman is running a thoroughly modern business
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AnalysisYoung drivers in line for 45% increase in premium
View AA’s exclusive data on young driver rate increases
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News AnalysisAge restrictions
Huge motor rate hikes, coupled with insurers exiting the market, have made it harder than ever for young drivers to get affordable cover, which is fuelling a rise in ‘fronting’ and other tactics to drive down quotes. But some in the market are coming up with new ways to offer ...
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NewsAllianz gears up for further motor rate rises this year
Insurer chief sets positive tone as the firm prepares to add two new corporate partners
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NewsAviva pounces as big names circle for NIG personal book
Aviva goes head to head with AXA and LV=, while NIG email sparks confusion among brokers
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Online onlyBrit backs Lucas Fettes classic car scheme
Lucas Fettes classic car team to be headed by Oliver Watts
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NewsReserves push RBSI to make H1 operating loss of £253m
Bodily injury claims forced company to increase motor reserves by £320m
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NewsPersonal motor hikes cut Zurich’s revenues
Rates rose 15% in personal lines motor in the first half of 2010
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NewsMotor boss heads for Heath Lambert
Dave Smart leaves Marsh after eight years in legacy HSBC role
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NewsHSBC gave insurance arm £103.5m run-off injection
Losses for the insurer hit £178m in 2009 but the bank won’t need to offer further reserves
