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RSA: UK general insurance interim results

Royal & Sun Alliance's general insurance business has recorded a first half profit of £277m (2003:£338m) with a COR of 99.7% (2003: 99.3%), including the US result. The UK operation had a combined ratio of 93.6% (2003: 97.1%).

The commercial result for the first half was a COR of 91.9% (2003: 94.4%). The company said this reflected its continued drive to achieve technical price in all of its commercial lines. This is

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Diary of an Insurer: Prestige’s Tim Baxter

Tim Baxter, business development and relationship director at Prestige Underwriting, navigates a week of strategy sessions in Belfast, broker visits in Manchester and London, and home-office conference calls – all in the name of expanding the MGA’s non-standard household and motor book of business.

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