Aviva UK’s general insurance business delivered higher growth but lower profits in 2011 as it managed to pin its combined operating ratio to 2010 levels.
On premiums of £4.44bn (£4.41bn: 2010), the general insurance business produced a profit of £540m in 2011 which was down slightly on the previous year’s return of £567m. The vast majority of this...
Calm called for as insurers insist it will be "business as usual" and Biba pledges to represent brokers in Brexit negotiations.
Brokerbility chairman appeals for calm and says brokers need to watch how the insurers will react.
Chris Cowan at market research specialist Clusters outlines five things brokers can do to better understand their clients.
The loss of these rights could see insurers being forced to restructure and face large operational, regulatory and tax costs as they adapt to such a change.