HBOS sales increase

HBOS General insurance has announced overall sales of household insurance coverages have increased b...

HBOS General insurance has announced overall sales of household insurance coverages have increased by 19% on the corresponding 2004 period. Sales from the direct channels continued to perform strongly with more than 100% increase in internet sales. Despite the storms and floods earlier in the year, underwriting experience was positive in the first half of 2005, combined with relatively benign price competition in recent months. Sales of other personal lines insurance such as legal protection and

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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