Home and motor CORs come in below 100%.
Direct Line Group achieved £485.3m of gross written premium (GWP) for commercial business in the year to 31 December 2015. The figure was broadly in line with the £487m written in the previous 12 months....
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
The Gibraltar Financial Services Commission states company is insolvent and that it intends to appoint a liquidator.
As Hiscox UK and Europe drives down COR to 79.9% for H1 2016 from 86.8% in 2015.
Keep abreast of the movers and shakers in the insurance world this week.