Editor's comment - September 2010

martin-friel-0710-editor-insurance-age

The majority of players in this market have been feeling the pain for years but it is only this year, as reserves dry up, that we are seeing the true cost of writing for growth.

Royal Bank of Scotland Insurance (RBSI) has reported a £253m operating loss for the first half of 2010. The insurer argues that the majority of this loss is attributable to a sharp rise in bodily injury claims, an explanation that has also been leapt upon by Equity Red Star to explain why its parent company had to inject

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: