NFU Mutual
NFU Mutual reports first underwriting profit since 2006 but hit by investment losses
Rural and agricultural insurance specialist NFU mutual has reported its first underwriting profit for five years in its 2011 reports and accounts.
Editor's comment: End of the composite nigh?
What a difference a few years makes, as major events this week underline a stark reversal in the fortune of the UK's two biggest insurance beasts.
NFU and Ageas pay Accident Exchange undisclosed settlements
NFU Mutual and Ageas have reached settlement agreements with credit hirer Accident Exchange over their use of Autofocus evidence.
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
NFU Mutual boss 'cleared the decks' to achieve 2011 success
NFU Mutual boss Lindsay Sinclair has labelled 2011 as "the year of cleaning the ship" after scrapping unprofitable non-farming motor business where loss ratios ran as high as 120%.
NFU Mutual returns to underwriting profit
Rural insurer NFU Mutual has turned an underwriting loss in 2010 of £150m into a profit in 2011 of £105m.
Website review: Privilege
Actress Joanna Lumley might tell viewers that you don’t have to be posh to be privileged, but how does its website stack up against the rest of the market?
Insurers to pay for Accident Exchange retrials
Major insurers that do not reach a settlement with Accident Exchange could end up paying millions of pounds in legal costs.
Autofocus Legal Action: Rival CHOs line up to take on insurers as Autofocus employees face prison
Long-running legal battle could bring the credit hire industry and the insurance industry closer together
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Ecclesiastical rolls out church alarms in crackdown on metal theft
Charity and heritage insurer Ecclesiastical is to spend £300 000 fitting wireless church roof alarms in every diocese in England and Wales after a successful initial pilot.
Aviva and Brit credit hire cases reach Court of Appeal
Seven credit hire cases involving Aviva and Brit are set to be heard in the Court of Appeal later this month, Post has learnt.
Growth in green energy prompts Rural to enter market
Specialist agricultural insurer Rural, part of UKGI, is the latest business to launch a suite of green insurance products to meet the growing demand for cover from farmers investing in renewable energy schemes.
Stolen Vehicle Unit to remain open
The Stolen Vehicle Unit has been granted a reprieve, and will remain open, a Metropolitan Police boss has confirmed.
Insurers warned over consequences of hiring unregulated investigators
A senior private investigator has warned that insurers face ruined reputations when hiring unregulated private investigators in the wake of the News of the World phone hacking scandal.
Fraud event: ‘Fronting’ definition must be agreed before IFR and Bill introduced
The insurance industry must agree a definition and approach towards ‘fronting’ before the introduction of the Insurance Fraud Register and the Consumer Insurance Bill comes into force, delegates were warned.
Market moves: Insurers lead the recruitment charge
With the final quarter of the year kicking off this week insurers were the most active recruiters with a raft of hires and promotions. XL Insurance added three new members of staff to its burgeoning team in Europe, while a number of other players seized…
Agriculture: Reaping the rewards
With a rise in the theft of agricultural plant equipment, the industry and police are striking back with new initiatives.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Claimant Solicitor
For this category, judges were looking for evidence of dedication to maximising injured client recovery, measurable results, how specific obstacles were overcome and evidence of collaborative working with defendant insurers. Irwin Mitchell’s entry stood…
Top 100 UK insurers supplement: Steadying the ship
After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
NFU Mutual chairman awarded peerage
NFU Mutual staff have joined together to honour group chairman Sir Don Curry who was yesterday appointed a cross bench peer in the House of Lords.
Jersey firm has Giles in its sights after takeover
Bosses from Jersey-based Islands Insurance have heralded the acquisition of Reed Insurance Associates as "a big leap forward", after finalising a deal that sees the firm become the self-proclaimed second largest operator on the Channel Islands.
NFU Mutual subsidiary acquires Channel Island broker
NFU Mutual bosses have confirmed that one of its subsidiary companies – Island Insurance – has acquired Reed Insurance Associates in the Channel Islands.