Insurer

Markel soars to profit

Markel International has reported a combined operating ratio (COR) of 84% for the six months ended 30 June 2012 compared to 130% for the same period of 2011.

Aviva commercial COR stays at 101%

Aviva has revealed a combined operating ratio (COR) in UK commercial lines of 101% for the start of 2012, an identical figure to the result for the first six months of last year.

Merlin in administration

Merlin Claims has entered administration with BDO confirmed as administrators over the Merlin group of companies.

XL swaps loss for profit

XL Group has announced a profit of $397.8m [£255.2m] for the first six months of 2012, reversing a loss of $1.6m in the same period last year.

Blanc promises big changes within six months

Axa’s Amanda Blanc has promised brokers that they will see substantial changes to its relationship management approach within six months as the insurer brings personal lines intermediary and commercial lines into one structure.

Ageas commercial COR dips to 100%

Barry Smith, chief executive at Ageas UK, has revealed that the provider’s combined operating ratio for commercial business improved to 100% in the first six months of 2012, from 104.3% in the same period last year.

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