Results – Page 112
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Esure 9 months GWP £430.5m vs £410m
Performance boosted by rate increases and expansion in motor and home
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Bollington hires mid-market director from Aon
Karen Adegoke will be responsible for leading the mid-market and corporate teams at Bollington
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Crawford announces further restructuring as nine month profit down
Separately the third quarter results show improved performance
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S&P upgrades Ageas Insurance to 'A'
Rating reflects Standard and Poor’s confidence in the financial strength of the business
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Zurich UK GI unit to cut up to 440 jobs
Cuts part of programme to reduce costs by at least £40m and simplify structure
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Dye: Allianz motor rate hikes are ‘well ahead’ of claims inflation
UK chief executive confident that remedial action will work
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Bluefin hires finance operations head from Howden
Broker also names Amber Wilkinson as permanent finance chief
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Allianz UK profit drops as ‘corrective action’ taken in private motor
The insurer has also increased premiums in motor ahead of claims inflation
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China explosion eats into Berkshire's underwriting profit
Company expects £86m claims bill from event
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Quindell plans to change name to Watchstone Group
Company also plots to share merger and reduction of capital
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Hiscox UK GWP up 3.9% in year to date
Lloyd’s insurer expects £6.6m claim from China port explosion
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Job cuts fail to quell growing calls to mull AIG carve up
Loss-making insurer faces battle to convince Wall Street as billionaire investor plots AIG slice up
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RSA’s Lewis: Brokers understood personal motor exit
No more big withdrawals planned, UK chief executive insists
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Large claims nearly halve Zurich UK GI 9-month profit
Operating profit falls to £92.6m from £178.8m as GWP falls 3% and COR worsens by 7.7 points
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RSA incurs large losses of £409m
The insurer said the amount was ’slightly worse’ than it had planned for
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RSA UK premiums up 2% as group core falls 5%
In UK personal lines premiums were down 4% due to ongoing impact of RSA’s withdrawal from certain businesses
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Lancashire 9 months pre-tax profit falls to $121.5m from $135m
Company announces $188m special dividend payout to shareholders
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Ageas’s Watson: CMA probe failings driving up motor claims costs
Company will sacrifice home insurance volume to stay profitable, chief executive says
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Apollo ‘no longer interested’ in buying Xchanging
Withdrawal could pave the way for Capita takeover