NIG is "on track" despite market-wide speculation

NIG has said it is "on track" to double its premiums over the next four to five years, but declined to comment on widespread speculation in the market that parent company, Royal Bank of Scotland (RBS) is lining up a major acquisition to achieve its expansion into the small and medium sized (SME) market.

The insurer, which announced its target to brokers at its roadshow in spring this year, refused to disclose the target in terms of premium.

However, a broker who attended the roadshow told