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Top 20 UK personal property insurers

TOP 20 UK PERSONAL PROPERTY INSURERS 2007 rank 2006 ra...

TOP 20 UK PERSONAL PROPERTY INSURERS
2007 rank 2006 rank AMB No Company Name Rating Group name
1 1 85250 Norwich Union A+ Aviva
2 3 86257 RSA A- RSA Insurance Group
3 4 87274 Churchill Insurance B+ pd Royal Bank of Scotland Group
4 2 87601 St Andrews B+ pd HBOS Insurance
5 5 87642 LloydsTSB General A pd Lloyds TSB Group
6 6 87708 Zurich Insurance (UK Branch) A (1) Zurich Financial Services
7 9 87316 Direct Line Insurance A- pd Royal Bank of Scotland Group
8 8 85203 Axa Insurance NR-5 Axa S.A.
9 11 87423 Legal & General NR-5 Legal & General Group
10 10 86250 Aviva International Insurance A+ Aviva
11 13 87371 Gresham Insurance NR-5 Aviva
12 12 87648 UK Insurance A- pd Royal Bank of Scotland Group
13 14 87233 Fortis Insurance B++ pd Fortis
14 16 86912 Hiscox Insurance A- Hiscox
15 7 78186 CIS General Insurance NR-5 Co-Operative Group
16 15 87438 London General Insurance A- The Warranty Group
17 19 86373 Allianz Insurance A+ Allianz Societas Europaea
18 18 85012 NFU Mutual A- pd NFU Mutual and Avon Group
19 17 87864 LV= B pd N/A
20 21 87479 NIG B+ pd Royal Bank of Scotland Group

2007 rank 2006 rank Company Name GWP Underwriting result Combined ratio Loss ratio
1 1 Norwich Union 925,216 -56,707 113.8 71.7
2 3 RSA 751,784 -24,303 102.3 54.6
3 4 Churchill Insurance 486,248 -34,575 104.3 69.0
4 2 St Andrews Insurance 458,093 5,009 96.4 76.7
5 5 LloydsTSB General 412,232 -34,511 108.0 71.5
6 6 Zurich Insurance (UK branch) 342,777 -112,456 136.0 90.7
7 9 Direct Line Insurance 296,740 -37,928 113.5 87.2
8 8 Axa Insurance 295,424 -66,074 126.3 73.6
9 11 Legal & General 255,720 -101,140 143.5 100.5
10 10 Aviva International Insurance 237,308 -80,425 140.7 89.4
11 13 Gresham Insurance 237,183 11,249 -187.3 -196.
12 12 UK Insurance 236,290 -69,834 133.3 89.6
13 14 Fortis Insurance 158,021 -32,038 122.0 83.4
14 16 Hiscox Insurance 152,868 -11,437 n/a n/a
15 7 CIS General 143,968 -46,029 137.3 68.3
16 15 London General Insurance 139,779 3,452 88.6 9.2
17 19 Allianz Insurance 123,126 -28,492 129.9 75.2
18 18 NFU Mutual 117,842 -61,053 160.8 138.2
19 17 LV= 112,509 -36,552 134.4 99.9
20 21 NIG 62,012 -27,609 155.0 110.5

* Underwriting result excludes investment income.
(1) The listed A.M. Best rating applies to Zurich Insurance Company,
Switzerland, (AMB# 85095).
Note: Some ratio figures are (N/A) not available because all or some of
these companies-oOo-#39; accident and health business is accounted for on an
underwriting year basis, for which earned premiums is not disclosed on the
FSA return.
Figures in above table are based on FSA returns of financial year 2007 for
personal property lines-oOo-#39; business only (reporting category 160).
Ratings as of 1 July, 2008.


RATING MODIFIERS
Modifier Descriptor Definition
u Under review Best's Rating opinion of the company is under
review
pd Public data Does not subscribe to Best''s interactive rating
process
s Syndicate Assigned to syndicates operating at Lloyd's

Not-rated categories
For companies not assigned a Best's Rating the five categories are:
NR-1: Insufficient data
NR-2: Insufficient size or operating experience
NR-3: Rating procedure inapplicable
NR-4: Company request
NR-5: Not formally followed

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