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Time to rise and shine

Figures reveal deepening woes for the UK motor insurance market with further deterioration in its underwriting performance despite attempts to mask its unprofitability with reserve releases. Lynn Rouse reports

Ramped up reserve releasing, reinsurer-driven risk retention and a rapid deterioration in the previously profitable commercial lines book reveal a less than pretty picture of performance by UK motor

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Is it third time lucky for Axa as it merges divisions again?

Content Director’s View: With Axa UK and Ireland combining its personal and commercial businesses into one, Jonathan Swift reflects on why insurers often oscillate between splitting and merging these divisions, and what led the insurer to believe this latest move will pay off now despite similar attempts in 2005 and 2016.

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