Personall Lines – Page 73
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News
Local governments vent anger at flood insurance hold-up
Insurers should not “hand-pick” the best risks: Local Government Association
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LV= enters new phase as profits double
Underwriting profitability restored as combined ratio drops to 97.7%
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DVLA data-sharing project with insurers stalls over costs row
No guarantee project will stick to 2014 start date, MPs told
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Chartis returns to profit despite personal lines slump
Higher claims bill cuts personal lines profit to $24m
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RBSI reports £454m 2011 profit after fourth positive quarter
Lack of reserve strengthening and weather claims helped turnaround
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IAG UK ‘almost at breakeven’ after repricing
Troubled unit’s £5m loss is a big improvement on this time last year
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Bodily injury legal fees cost policyholders £2.4m a day – ABI
Trade body urges cut in ‘exorbitant’ costs
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Barclays PPI complaints jump 67% in H2 2011
Bank received 122,992 complaints in the second half of the year
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Online only
Battle lines drawn as Aviva unveils broker plans
Zurich, RSA and AXA plan commercial strategies to compete in corporate sector
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China could open door to foreign motor insurers
Rates could be uncompetitive if state fixes premiums
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CPP jobs at risk with latest FSA probe
Regulator is demanding the insurer begin a retrospective review with possible compensation payouts
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Ageas UK returns to full-year profit after ‘great’ 2011
Insurer posts £105m profit, 99.9% combined ratio and £2bn revenue