Personall Lines – Page 189
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News
Lib Dems slam weak fines for uninsured drivers
The government came under fire this week after fines handed out to uninsured drivers fell by a quarter over a decade. Liberal Democrat MPs claimed there was no incentive for drivers to take out insurance with fines being cheaper than buying cover. Official figures obtained by the Liberal Democrats show ...
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News
Quinn-direct lifts profits 8%
Irish insurer Quinn-direct made a pre-tax profit of £90m in the six-months to the end of June 2007, an increase of 8% over the first half of 2006. Written premium increased by 25% to £327m over the same period, including £10m from Quinn-healthcare, a new health insurance business.Underwriting margins ...
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News
Flooding forces AXA to raise property rates
AXA Insurance chief executive Peter Hubbard said AXA would be increasing property rates following the flooding, with rises of as much as 10%. He said: “Rates have been going backwards while claims inflation has been increasing. This needs to be addressed. AXA will be putting up household and commercial property ...
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C-ZoneMental motivation is key
Insurers should not underestimate the power of psychology and similar specialised resources when it comes to serious injury rehabilitation claims. Ed Fletcher explains
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Online onlyInsuremycaravan adds two insurers to panel
Fortis and Equity Red Star sign up for quote and buy service
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Online onlyCarbon neutral insurance
More and more insurers are offering products that appeal to the eco-friendly consumer
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Online onlyAon acquires specialist vehicle broker
Move increases company's presence in classic car sector
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Comments/Letters
Don’t let the stress culture get a grip – keep ahead of the game
Bob Mecrate-Butcher says employers should be aware that employees have a wide base from which to launch stress-related claims
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News
Lloyd’s must cut personal lines costs
The Lloyd’s Market Association (LMA) is calling for the administrative burden on motor and other personal lines insurers to be reduced in order to maintain the competitiveness of Lloyd’s. The LMA set up a working party in March to look at the costs of conducting personal lines business at Lloyd’s. ...
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Online onlyStand alone motor PPI is cheaper
Broker advises that it is time to shop around for PPI policies
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Online onlyTowergate buys UK’s largest general aviation broker
Towergate Group has acquired Lloyd's broker, Hayward Aviation
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Online only
Biba slams insurers for increasing property premiums
Planned premium increases in wake of flooding are 'too much too soon'
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Online only
Floods won't hurt UK insurer ratings, says Moody’s
Strong financial performance and strengthened balanced sheets ensure that losses are manageable, says rating agency
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Online onlyHousehold premiums to rise in wake of floods
Two of Britain's leading insurers have said the cost of household insurance will rise as a result of catastrophic flooding
