RSA Group
QBE snares RSA's SME boss for senior role
QBE has turned to two of its largest rivals to secure a brace of senior hires.
Purple signs up Oak and Rural to panel
Purple Partnership has teamed up with Oak and Rural Insurance to offer further mid to high net worth cover options along with an agricultural risk specialism to members.
Editor’s letter - March 2012
“Read between the lines and you will detect some belief that the worst of the bad times may be over”
Brokers on the brink?
Administrations, threatened product pull-outs and agency culls have sparked brokers’ fears over the future of the market
FOS reveals PPI complaints halved in H2 2011
The Financial Ombudsman Service (FOS) received a total of 106,193 complaints between 1 July and 31 December 2011, and figures show that Barclays Bank was by far the biggest culprit in terms of payment protection insurance (PPI) complaints.
RSA receives rating upgrade from S&P
RSA Group has had its second piece of good ratings news in as many weeks with Standard & Poor’s (S&P) upgrading the insurer to A+ Stable.
AM Best confirms RSA's 'A' rating
RSA has had its ‘A’ rating for financial strength confirmed by AM Best.
RSA delivers good 2011 result but commercial continues to drag
RSA UK delivered £310m profit before tax on premiums of over £3bn in 2011 while turning in a combined operating ratio (COR) of 98.2%.
RSA appoints CFO from Aspen
RSA has appointed Richard Houghton to the role of group chief financial officer with effect from early June 2012.
RSA commercial chief threatens to exit unprofitable markets
RSA’s commercial chief has confirmed that he will pull out from product lines that are not working for the insurer as he continues his revamp of RSA’s commercial book.
Chubb rides in with seven new staff
Chubb Insurance has recruited seven new senior London-based employees to enhance its personal lines offering.
Broker satisfaction with insurers remains high, survey says
Broker satisfaction with insurers has remained stable over the past five years and seen an increase for commercial lines, according to an annual survey carried out by General Insurance Market Research within Aura (Gimra).
RSA CEO vows to simplify business
Adrian Brown, UK and Western Europe CEO at RSA, has announced plans to simplify the business in order to get closer to brokers and consumers.
RSA man to lead Tokio construction practice
Tokio Marine Europe has launched a new construction practice in the UK.
RSA reveals 120 jobs at risk in UK business review
RSA has confirmed to sister title PostOnline that 120 jobs are at risk in a review of its UK business.
Towergate reveals capacity deals with Brit and Allianz
Towergate Commercial Underwriting (TCU) has announced a five-year capacity deal with Allianz providing 70% and Brit the remaining 30%.
Insurer service improving, according to survey
Service from insurers in the UK is improving, according to figures released by Jelf.
Cruise ship disaster costliest in maritime history
The Costa Concordia crash could be the biggest insured loss in maritime history.
RSA relocates in Ipswich
RSA has opened a new site in Ipswich in a bid to increase broker access to trading staff.
Industry laments lack of referral fee bite in TSC report
The Transport Select Committee’s follow up report into the cost of motor insurance has been widely welcomed by the insurance industry but there is frustration that proposed measures to tackle referral fees do not go far enough.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
HNW players jockey for position
High net worth was the big growth area last year, and the new players will be looking to establish themselves
RSA exits broker motorcycle market
RSA’s Personal Lines Broker has announced its decision to pull out of the UK motorcycle insurance market.
The Giles Group bags McManus
Former Willis CEO, Brendan McManus, has been appointed CEO of the Giles Group.