Personal Lines related articles – Page 111
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Ageas UK returns to profit in Q1
Insurer Ageas UK made a profit before tax of £3.8m in the first quarter of 2011, compared with a loss of £3.2m in the same period last year.The insurer made a loss of £25m loss for the full 2010 year.The Q1 2011 result includes acquisition costs for Castle Cover, bought ...
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News
Battle for RAC hots up as two new bidders emerge
Three known bidders go into second round for ‘underperforming’ RAC
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AXA aims for top three in personal lines
Personal lines chief executive Steve Hardy reveals AXA's ambitious plans
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Investment returns cut Allianz profit by 6%
Allianz Insurance made an operating profit of £34.4m in Q1 2011, down 6% on the £36.7m it made in the same period last year.“The slight reduction in profit was largely driven by lower investment returns in the continued low interest rate environment,” said Allianz Insurance chief executive Andrew Torrance in ...
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Allianz UK Q1 profit dips 5% as premiums rise
Allianz’s UK division made an operating profit of €40m (£35m) in the first quarter of 2011, down 5% on the €42m it made in the same period last year, according to the Allianz Group’s Q1 interim report.The Q1 2011 combined ratio was 97.1%, up slightly in Q1 2010’s 96.5%. The ...
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RSA UK Q1 premiums up 9% despite cutbacks
RSA wrote £760m of net premium in the UK in Q1 2011, up 9% on Q1 2010 levels. The overall increase comes despite cuts in several business lines as the insurer pulled exited unprofitable business.RSA has also increased rates in all its main UK business segments.Personal lines net written premiums ...
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Biba 2011: Jubilee launches broker trading platform
Portal will encompase accident, health and specialty products
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News
RBSI still has work to do despite profit turnaround
First-quarter operating profit of £67m breaks insurer’s 12-month run of technical losses
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AXA'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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Breaking News
Prime minister slams ECJ ruling
David Cameron says "loony left is still alive and well" in the UK