Insurer
LV Broker takes on former Ageas pricing boss
Tim Rourke tasked with growing LV's ABC and Highway books.
Allianz UK posts £1.93bn GWP
Broker household account grows while broker motor book struggles.
Aon at forefront of apprenticeship launch
Project also brings together the CII, the ABI and Biba.
Amlin UK records 2013 underwriting profit fall
Lloyd's insurer sees UK COR worsen to 99%.
S&P upgrades RSA to A
Ratings agency gives insurer a stable outlook.
Editor’s letter - March 2014
“The challenge for Hester is more than addressing the problems it had in Ireland”
Cautious welcome for RSA’s Hester
Former RBS CEO joins embattled insurer as it attempts to put Irish problems behind it
Implications of independence
If Scotland votes for independence there will be far-reaching implications and major upheavals for insurers and brokers, says Tony Cornell
Market moves: Making an entrance
A certain former banking boss’ entrance into the world of insurance was undoubtedly the big move of last month. Stephen Hester, who made his name as the man charged with turning around ailing RBS Group, was appointed group chief executive of RSA. Other…
Record rainfall puts focus on Flood Re
Wet winter leads industry to question Flood Re’s exclusion of band H houses and SME businesses
Fitch keeps RSA on negative watch
Rating agency warns that a failure to achieve a 97% COR and a suitable return on equity could lead to a downgrade.
Hester's arrival: Baptism of fire or blessing in disguise?
On the face of it, RSA's new boss Stephen Hester has endured a baptism of fire at the insurer.
NIG launches mini fleet e-trading product
Product has now gone live on TheHub, Insurance Age can reveal.
Deloitte: Q4 weather damage claims highest for a decade
Almost 200,000 claims were made during the quarter, more than double that of Q4 2012.
Aviva replaces CFO Regan with Stoddard
Insurer confirms that new recruit will assume role in May 2014.
Biba welcomes suggestion of council tax band H being included in Flood Re
Insurance Age understands the government has been running the rule over including this tax band.
RSA's Brown: "more work to do" in UK business
RSA's UK motor account expected to reduce further through "targeted" approach.
Zurich reveals new insurance team for Scottish brokers
Revamp entails external hires and promotions from within.
Allianz Group achieves €10.1bn operating profit in 2013
Group sees total revenues rise to €110.8bn.
RSA UK and Western Europe COR worsens to 106.6%
Insurer's UK COR also deteriorated to 99.2%.
RSA posts £338m loss in "disappointing" 2013 results
RSA's Irish arm made a £220m underwriting loss, leading to poor overall performance.
AIG extends HNW policy wording
Provider confirms policy will now offer HNW clients up to £2,000 water leak detector payment.
Direct Line enjoys 70% post-tax profit surge for 2013
Insurer sees 2013 profit jump to £312.8m from the £184.3m recorded for 2012.
AIG adds to private client group management
AIG's UK operation aiming to add greater depth and breadth to HNW offering.