Chaucer says 9-month gross premium income up 19%

Chaucer, the Lloyd's of London (re)insurer, said that gross premium income for the first nine months of the year to end-September rose to £527.3m from £439.7m.

The group added that its motor book was continuing to improve - with the private car account benefitting from further rate increases. Chief executive Ewan Gilmour added that the group is expecting

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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