Personall Lines – Page 71
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First drop in comprehensive motor premiums since 2008
Research by Confused and Towers Watson shows average premiums dropped 3.3% in Q1 2012
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Troubled Equity Red Star needed £113m cash boost in 2011
Lloyd’s motor insurer’s loss drops 70% despite further reserve hikes; COR at 132%
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Hastings telematics pilot to include 5,000 customers
Company to run trials for a year to test the water
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Hastings profit jumps 63% as customer numbers rise
Combined ratio static at 96% thanks to selective underwriting
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LV= removes upper age limit for motorists
Those aged 86 and above will now be able to receive cover
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AXA Assistance unveils motor breakdown app
Poll results reveal mobile phone is most important item in the event of a breakdown
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Direct Line confirms Biggs as chairman
Biggs will continue as Resolution chairman after assuming role
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Brightside predicts softening motor rates as profit rises 44%
Broker continues talks with Aviva to cut household rates
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Esure operating profit more than quadruples in 2011
Insurer returns to underwriting profitability as COR improves by 20 points
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FSA fires off second and stronger warning over add-ons
Regulator will intervene and block ancilliary sales
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Aviva's Biggs to chair Direct Line - reports
Mike Biggs is currently chairman of takeover specialist Resolution
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Groupama chief calls for commercial motor shake-up
111% commercial motor COR blights an otherwise good year for insurer
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Consumers rate cost over cover
More than eight in 10 believe punishments are not tough enough to act as a deterrent to uninsured drivers