Pet insurance
Allianz UK profit slides 4.3% to £161.5m
Allianz reported a 4.3% fall in operating profit to £161.5m in 2012 (2011: £168.7m). The insurer's combined ratio also deteriorated to 96.3% from 95.7% in 2011.
RSA's UK profit falls 37% as commercial losses take toll
RSA blamed adverse weather in the first half of 2012 and a weak marine and commercial liability performance on UK underwriting profit tumbling to £39m (2011: £62m) while the combined ratio was 98.2% (2011: 97.3%).
Gadget and pet cover more popular than income protection
Pets and gadgets are a higher priority than income protection insurance according to a survey from broker Drewberry Insurance’s annual health and protection insurance survey.
BBC documentary series debunks myth of 'easy crime' insurance fraud
A 10-part exposé of the work of insurance fraud investigators is to be screened on BBC One from Monday.
The rise of pet insurance fraud
Shocking stories of claimants deliberately harming pets are guaranteed to grab headlines, but what is the truth behind the increasing level of fraud detected in a sector predicted to be worth £900m by 2015?
Post magazine - 4 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Co-operation needed to tackle pet fraud
Vets, insurers and the legal profession must work together to fight pet insurance fraud, experts have claimed.
L&G confirms pet and travel insurance offerings
Major household insurer Legal & General has confirmed it will launch pet, travel and mid-net worth insurance products before the end of the year.
Rising liability claims forces Allianz to reduce exposure
Allianz Insurance has linked an increasing number of unemployed people making large liability claims to a decision to cut its exposure in the liability market.
Allianz suffers £23m weather claims loss but retail and commercial GWP grow
Allianz UK has posted bad weather claims costs of £23m for the first six months of 2012.
Aviva to recognise 'growing trend' by underwriting pet insurance
Aviva will underwrite its own pet insurance from tomorrow, in a move bosses claim recognises a growing trend among the UK's 15 million cat and dog owners.
Lloyds GI profits fall 30% owing to PPI, pet and weather claims
Lloyds Bank's underlying general insurance profit decreased by 30 per cent to £158m (H1 2011: £226m) in the first half of 2012.
Brightside to become Asda's home and motor insurance provider
Brightside has swooped for its second major retail affinity contract in the space of seven days having signed a deal with Asda to distribute its motor and home insurance products, Post Online has learnt.
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…
ISE 2012: Ebusiness moves beyond selling insurance online to ‘personalised’ service
Insurers need to take ebusiness to the next level and personalise customer journeys to win business according to More than.
Claims Awards 2012 shortlist announced
Insurers RSA and Sterling lead the way in nominations for the 2012 Claims Awards with three each.
Green Insurance pet cover sales grow 166%
The Green Insurance Company's pet cover sales grew by 166% last year, and the company also topped £100 000 in donations to animal charities for the first time.
Allianz UK's profits defy recession
Allianz UK has reported 2011 GWP up more than 10% to £1832.2m (2010: £1663.7m) with operating profit up more than 6% to £168.7m (2010: £158.5m).
RSA UK back-in-black, but commercial hit by "drag" of three-year fleet deal
RSA has reported a 6% rise in UK premiums to £3.1bn in 2011 and an underwriting profit of £40m (2010: £95m loss).
Penny Black’s insurance week
This week wasn’t the happiest in the Black household.
Insurers respond to proposed dangerous dogs guidelines
Yesterday judges published the first proposed sentencing guidelines for people convicted for dangerous dog offences in England and Wales.
16 December: “Woofing” it down
Unable to wait patiently in the kitchen for his owner to finish baking his favourite sweet treats, a greedy chocolate Labrador decided to lick the bowl.
FSA slams RBSI for ‘unfair’ pet terms
The Financial Services Authority has told RBSI to cease using a term in its Direct Line pet insurance that it suggests may be unfair and has reported the insurer to the Office of Fair Trading.
Allianz hails ‘first sanity in 30 years’
Allianz’s UK boss Andrew Torrance has said “the first period of sanity in 30 years” in the personal motor insurance market has helped make personal lines the growth area for the firm.