Company results

RBS Insurance records £253m loss in H1 2010

Royal Bank of Scotland's financial results show its insurance business in the first six months of 2010 was adversely impacted by a significant increase in bodily injury reserving, including adding £241m to reserves relating to prior years. In total RBSI…

Aviva GI CEO: motor rises to continue

Customers can expect motor insurance premium rates to continue rising as a result of sustained inflation in claims costs, Aviva general insurance chief executive David McMillan has said.

PartnerRe income plummets

PartnerRe reported net income of $190.9m, or $2.31 per share on a fully diluted basis for the second quarter of 2010. Net income for the second quarter of 2009 was $474.3m.

Fire claims costs reduced

Insurers have paid out £566m for damage caused by fire in the second half of 2009, statistics from the Association of British Insurers have revealed.

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