AA
AA tipped to acquire XL Gibraltar arm to launch motor insurer
The AA has been tipped to swoop for XL Insurance (Gibraltar) in order to launch its new motor insurer.
AA index reports 3.6% household premium drop
The average combined quote for a combined home buildings and contents policy dropped by 3.6% in the first quarter of 2015, according to the AA British Insurance Premium Index.
AA refuses to rule out Gibraltar for "well advanced" new insurer launch plan
The AA is “well advanced” in its plans to launch a new insurance company vehicle to quote on its broker panel for motor insurance, with a launch expected within months.
AA posts 1% increase in revenue as it unveils refinancing plan
The AA posted a 1% increase in revenue to £983.5m for the year ended 31 January 2015, preliminary figures published today revealed.
AA calls for government to back Ifed expansion amid increased CMC activity
Nearly two thirds of UK motorists have been cold-called by claims management companies in the past year, with 36% contacted more than 10 times, according to research conducted by AA Insurance.
Drivers who text at the wheel could face higher premiums, warns AA
The AA has welcomed the launch of new technology that is being trialled by police that will catch drivers using mobile phones at the wheel.
AA looks to cut insurance jobs
The AA has said that around 50 insurance jobs at its Newcastle call centre are at risk as part of a company-wide review.
ABSs highlighted as claims upsurge threat as CMC numbers dwindle
The rapid demise of claims management companies and the subsequent reduction in bodily injury claims is in danger of being offset by the future strategy of insurance companies with alternative business structures, according to market observers.
AA partners with Cigna on travel offering
AA Insurance has appointed Cigna Insurance Services to provide its travel underwriting, claims and marketing services.
AA index records static home and motor premiums
The average quote for a combined home buildings and contents policy has remained static over the past three months while an average quoted motor premium rose £1, according to the AA's British Insurance Premium Index.
Ryan Direct Group joins AA panel
Broker AA Insurance Services has signed a home affinity deal with Ryan Direct Group that will see the Doncaster-based firm join the AA’s panel with immediate effect.
ABI clarifies rate tracking method after posting incongruous Q3 motor prices
ABI figures out of step with those produced by The AA and Towers Watson
AA criticises climate change report findings on 'insufficient' flood defences
AA Insurance has called a Committee on Climate Change report suggesting flood defence investment in UK urban areas is insufficient "disappointing".
Home premiums down by 3% over Q3
Home insurance prices are continuing to fall, according to the latest figures from The AA, with reductions wiping £20 off an average combined buildings and contents policy over the last year.
Motor premiums ‘bounce’ to 1.2% increase says AA
Average motor premiums have increased by 1.2% according to the latest figures from the AA, which described the increase as rebound "off the bottom".
AA director Simon Douglas resigns
AA Insurance director Simon Douglas has resigned from his post to explore other career options, the broker has confirmed.
AA appoints former Swiftcover boss as non-exec
UK breakdown service the AA has appointed former Swiftcover chief executive Andrew Blowers as a non-executive director.
ABI says politicians 'need to act' after CMA 'ducks' credit hire challenge
The Association of British Insurers has slammed the Competition & Markets Authority’s failure to tackle “excessive” credit hire costs, claiming they are likely to lead to higher charges for consumers.
AA posts reduced profit in first results since IPO
AA posted a 1.6% increase in revenue from £484.1m to £491.7m in its maiden half year results following its initial public offering in June.
Gaywood takes up AA fraud role
Steve Gaywood has been appointed counter fraud head at AA Technical Solutions.
CEO Jansen and CFO Boland to leave the AA
The AA chief executive Chris Jansen has resigned from the board of the roadside assistance company “by mutual agreement”.
Analysts criticise insurers’ use of reserve releases for distorting H1 results picture
Admiral boss Engelhardt calls focus on reserves in financial reporting ‘bizarre’
RAC’s private equity owner mulls September IPO
The RAC’s private equity owner Carlyle Group is considering a stock market float in the mould of rival roadside assistance firm the AA Group.
AA index reports 6.1% motor premium decrease
Latest results from the AA British Insurance Premium Index show a 6.1% decrease in annual comprehensive car insurance premiums to £504.59 for the three months ended 30 June.