RSA Group
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
Prior reserve release staves off RSA underwriting loss
Prior year reserve releases of £267m have helped insurer RSA avoid posting an underwriting loss of £29m for 2010.
New rating factors needed after European gender ban
Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.
Superbrands insurer rankings revealed
Allianz has set its sights on rising up the rankings next year in an annual league table of the UK's most successful brands after climbing 111 places to 219.
Gender ruling "flies in face of common sense"
RSA chief executive Adrian Brown has responded to the European Court of Justice's ruling on gender discrimination.
RSA reports £80m profit dip at group level
Insurer RSA has announced a group pre-tax profit of £474m for 2010 – down £80m on the figure for 2009.
RSA bolsters motor reserves and reports UK underwriting loss of £95m
RSA's UK business reported an underwriting loss of £95m (2009: profit of £75m) and a COR of 102.2% (2009: 98.0%) in 2010.
No-claims household insurance discount considered by Axa
Axa is considering awarding no-claims discounts to household insurance customers to encourage them to take more responsibility for preventing weather-related losses and improve its book's profile.
RSA responds to Polish court ruling
RSA Group has responded to a court ruling in which its Polish direct insurance business was fined £21 300.
RSA fined for slur on Polish brokers
RSA Group’s Polish direct business Link 4 is being forced to make a televised apology after its own TV campaign portrayed insurance brokers as “greedy and antisocial”.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
RSA embroiled in legal row over ‘new credit hire’ – Insurance News Now – 17 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including how RSA has become embroiled in a legal spat with Provident over subrogated motor repair costs.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
RSA property launch boosts SME ambition
RSA is set to launch a new property product next month as part of wider plans to become a top-five player in the SME sector.
Career development & CSR: More Than take campaign to Manchester
More Than is to take its road and fire children's safety campaign sponsorship to Manchester.
ELTO attracts 90% of insurer market
More than 90% of employers’ liability insurers have voluntarily signed up to the Employers’ Liability Tracing Office service.
RSA appoints new CEO for Asia Middle East
RSA has appointed Stuart Purdy CEO for the Asia & Middle East region (AME).
Aviva is "considering RSA bid"
Aviva is considering making a bid for RSA, according to press reports.
News analysis - Aviva shake-up: Mayer's return to Europe
With Igal Mayer set to spearhead Aviva's European plans, Daniel Dunkley asks the market its opinion on the appointment of this divisive figure and how he is likely to fit in with the firm's strategy.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
Everatt buy makes Parabis a £100m turnover company
Parabis Law has expanded its defendant insurance operation and secured a foothold in the Midlands after completing a takeover of Everatt & Company.
RSA boss: cold snap could push up rates
RSA's UK chief executive has said the insurance industry's experience of weather-related claims this winter has the potential to push up household rates in the long term.