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RSA group underwriting profit up 24%, as UK remains tough

RSA this morning reported a UK underwriting profit of £48m for the first half of 2008 (H1 2007: £51m) in what it described as its “toughest market”. It added UK premiums were up by 1% to £1.4bn, with a combined operating ratio of 96.2% (H1 2007: 96.1%).

FSA changes RDR timetable

The FSA has announced that it will change the timetable for publishing feedback on the Retail Distribution Review (RDR) Discussion Paper with the full feedback statement now due to be published in November.

Pick of the week

Reporter Louise Meeson and supplements and online editor Stephanie Denton look at the major stories f...

Instant event cover

Event managers can now access event insurance instantly, Hiscox has claimed, after the firm decided ...

Appointment at THB

James Truscott has been appointed to the board of THB's underwriting agency Unicorn Underwriting as ...

Appointment at Atradius

Atradius has appointed Peter Schmidt to chief market officer responsible for credit insurance throug...

Ace claims record result

Ace has seen its second quarter net income jump 15% to $746m (£381.9m) from $649m, compared to the s...

Cheltenham base opened

THB has followed the expansion of its London office with the opening of a new office in Cheltenham. ...

Appointment at Oval

Oval has appointed Marcus Simeoni to head of its London market casualty broking team. He has more th...

Imperial recruits Hogarth

Ian Hogarth is to join Imperial Consultants next month as its client development director. He previo...

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