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RSA Group

Consumer Insurance Act: Under the radar?

The Consumer Insurance (Disclosure and Representations) Act 2012 will upend more than a century of the customer’s duty to disclose information to their insurer. Is the market prepared for this substantial change?

RSA boss wins pay boost despite dividend drop

RSA group chief executive Simon Lee has seen his total remuneration increase over the course of 2012 in spite of the insurer’s final dividend falling by almost 2p this year.

RSA changes specialty lines head

Neil Lightbown has been appointed as RSA's global specialty lines director from 1 May when he will take over the responsibilities of Paul Donaldson who is set to retire in early 2014.

David Neave joins Parabis board

The Co-operative's outgoing general insurance managing director David Neave has become Parabis' first non-executive board member since it gained an alternative business structure licence last August.

Editor's comment: Messages from the market

Standing at the back of the annual results queue must be gratifying for a firm on its uppers. But not so much when, like Aviva, you have a £3.05bn post-tax loss to reveal and no one coming next to soften the blow.

Fraud: A war on all fronts

Fraud affects all lines of business and yet to date insurer focus on solving the problem has been on motor. Is it time for a shift in perception?

High Net Worth: Rich Pickings

With an increase in providers of high net worth insurance in recent years, wealthy customers have plenty to choose from. What can firms do to stand out from the crowd?

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