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RSA ties-up £375m worth of Gallagher subsidiary OIM deals
RSA has this morning confirmed the completion of two new five-year household deals and a commercial combined deal with Gallagher subsidiary OIM Underwriting.
DLG records steady Q1 improvement as separation 'progresses well'
Direct Line Group has increased its Q1 operating profit by 25% on the same period last year to £84m, thanks to prior year reserve releases and higher investment income.
Aviva shareholder rebellion ranks alongside RBS as 54% say 'no'
Over half of Aviva's shareholders have voted against the remuneration of its top executives.
Laspo Bill gains Royal Assent, but frustrations and issues remain unresolved
Following last week's parliamentary 'ping pong' of the Legal, Aid, Sentencing and Punishment of Offenders Bill, the controversial legislation is finally set for the statute book, having been granted Royal Assent on 1 May.
Contingent commissions: The reasons behind the latest u-turns
With Willis the latest broker to perform a u-turn on contingent commissions, how will the market react?
View from the top: Fixing fees to fight fraud
Success depends on simultaneous change in insurer culture and claims handling philosophy, says Karl Parr
Zurich pledges broker commitment as 15% of staff cut in PL shake-up
Zurich has moved to reassure its brokers following the news that it will cut almost 15% of its UK workforce and transfer a big chunk of its personal lines business into its own broker, Endsleigh.
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
LV boss O'Roarke calls for fraud clamp-down talks at second summit
LV managing director John O'Roarke is demanding more stringent legislation designed to clamp down on "unscrupulous" drivers following a survey showing that almost two thirds of GPs have seen a rise in exaggerated injuries.
Blanc reveals Newcastle has been tough for Axa, but hails improved PL connectivity
Axa Commercial CEO Amanda Blanc has admitted that Newcastle has proved the most testing of its recent branch openings.
Ex-Hiscox boss Ashley Cole launches new HNW business
Former Hiscox head of motor Ashley Cole has set up his own high net worth business, Aurum Underwriting, in the wake of his departure from the insurer.
Claims from 'freak' tornadoes flood in
Two freak tornadoes caused damage to parts of Essex and Warwickshire yesterday.
DLG prospectus reveals 2011 COR breakdown
The Direct Line Group has launched a prospectus geared towards tying up its proposed £500m planned subordinated debt issuance, in which it discloses last year's combined operating ratio for the insurer's various lines of business.
EU law takes a hold on the UK motor insurance market
The conflict between EU law and individual country laws can be confusing for companies that operate in member states. David Holt discusses the increasing influence of EU law on the UK motor insurance market and the Directives that seek to clarify the…
ABI seeks 'radical' action to tackle whiplash epidemic
The Association of British Insurers has called for an end to people claiming compensation for whiplash injuries unless there is objective evidence of injury.
Metal theft: Finding a copper-bottomed solution
With metal theft on the increase due to a rise in value, how can the industry protect itself and its clients from criminals?
Spotlight On Technology: Future gadgets
Science fiction has given the people of today a glimpse of tomorrow. However, spare a thought for underwriters, for whom the prospect of insuring some of the space-age gadgets featured must strike real fear, as technology develops and turns science…
Englehardt happy with 'good start' as Admiral turnover increases
Admiral chief executive Henry Englehardt says his full year expectations remain on track following a first quarter which yielded a 9% increase in group turnover from £539m in Q1 2011 to £586m.
Your say: The challenge for LEIs
The sustainability of the traditional legal expenses model with its in-house legal operations is back on the agenda as some of the larger players in the sector implement rate rises.
Spotlight On Technology: The developing world
With technological developments gathering pace, how will insurers cope with the influx of new gadgets and remain innovative?
RSA leads charge as Northern Ireland sheds no-go image among insurers
RSA last week pledged to invest £5m in Northern Ireland, intent on becoming the country's leading insurer, but local analysts are divided as to whether this will prompt a flurry of interest in the market or whether its small size will continue to…
Interview: Be Wiser chairman Mark Bower-Dyke - a convert to the cause
After joining the insurance industry for the money, Be Wiser chairman Mark Bower-Dyke shares his frustrations of short-termism and the lack of training, and explains why telematics is not the answer to the ills of the motor market.
Aviva criticised for 'window dressing' in management reorganisation
Aviva chief executive Andrew Moss's announcement that Igal Mayer, executive director of Aviva Europe, was out on his ear as part of a reorganisation to cut out a £102m layer of management, came as a surprise.
Transport Select Committee seeks to clear up transparency
The Transport Select Committee's reports on motor insurance have proved contentious, with calls for transparency not resonating with insurers. Will the 13th report clear things up?