Motor
Profits up at Ageas
Ageas UK has revealed that pre-tax profits in non-life business rose to £56.1m for the first half of 2012, more than doubling from £23.4m in the same period of 2011.
LV Broker extends motor fleet coverage
LV Broker has launched an enhanced motor fleet policy.
Quinn Insurance bill could rise to €1.65bn
The estimated bill for the administration of Quinn Insurance has risen to €1.65bn (£1.3bn), administrators appointed to the insurer have told the High Court in Dublin.
MIB chief criticises Arsenal star for driving offence
Ashton West, chief executive at the Motor Insurers’ Bureau, has hit out at Arsenal star Nicklas Bendtner for setting a bad example by driving without insurance.
Power hour: Motoring in the middle
The motor fleet sector is at a crossroads, both in terms of rate hardening and the role telematics could have to play in future, reports Caitlin Morrison
Arsenal footballer fined for driving without insurance
Arsenal striker Nicklas Bendtner has been fined almost £5,000 for driving without a licence and insurance.
LV chief John O’Roarke reveals COR and growth targets
John O'Roarke, managing director of LV general insurance, has reacted to the news that the insurer lost broker business in the first half of 2012 by admitting its results were “two ticks and a cross” across its three elements.
GI profits flat at LV
LV has reported profits before tax of £53m for the first half of 2012, in line with the £52m achieved in the same period of 2011 for general insurance.
Equity Insurance Partnerships in 3-year deal with Royal British Legion
Equity Insurance Partnerships (EIP) has extended its affinity partnership with Poppy Insure, the trading subsidiary of the Royal British Legion.
Motor premiums back to upward trend, AA reveals
Car insurance premiums rose in the quarter ended June 2012, according to the latest AA British Insurance Premium Index.
R&Q MGA targets high net worth expansion
Synergy Insurance Services has expanded its product range having secured new capacity providers.
RSA reveals UK weather costs will hit £50m
RSA has calculated that it is facing a £40m impact on its book of business from the UK rain during June.
GP charges for whiplash will not reduce false claims, expert says
Doctors are charging patients £21 to diagnose whiplash in an effort to weed out fake personal injury claims, the Mail Online has reported.
Private equity targeting Direct Line
Direct Line Group is being targeted by private equity specialists ahead of any flotation, according to recent reports.
Motor premiums continue to soften
The average cost of comprehensive car insurance has fallen by nearly £50 so far in 2012 according to the latest edition of the Confused.com and Towers Watson Car Insurance Price Index.
Severe weather leads to spike in motor claims
A fortnight of severe weather has led to motor claims totalling at least £35m, according to AA Insurance.
Biba predicts telematics sales to hit 500,000 in two years
Research from the British Insurance Brokers’ Association (Biba) has revealed that ‘black box’ motor insurance sales have increased five-fold in the last two years.
Brightside partners with Asda
Brightside has partnered with Asda to manage the supermarket’s Asda Money car and home insurance offering.
Aviva telematics leader moves to Nnable
Nnable has appointed Martin Otter as senior consultant to lead its telematics consulting practice.
Allianz Retail launches household product in Adrian Flux deal
Allianz Retail has made its Clear Household product available through Adrian Flux.
Brightside to help drive growth for Debenhams' motor offering
Brightside has launched a new car insurance offering in partnership with Debenhams.
MASS "disappointed" by bodily injury claims findings
The Motor Accident Solicitors Society (MASS) has said it is "very disappointed with, but not surprised" at the findings reported by The Institute and Faculty of Actuaries.
CMCs singled out for "staggering" rise in accident claims
Claims management companies (CMCs) have been condemned for the "staggering" increase in bodily injury accidents, according to a report published today by the Institute and Faculty of Actuaries.
Arista boosts motor fleet expertise
Arista has appointed Becky Trueick as motor fleet underwriter, based at its Southampton office.