MOTOR – Page 77
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News
MCE unveils growth plans following management change
Broker aims for £45m GWP by end of 2011 and is on the look-out for an acquisition
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Online only
'Motor insurance market more competitive than airline industry'
Cost of injury claims has risen 30%, claims Towers Watson
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People & Opinion
Leader: Don’t get burned
The question isn't who has injected extra millions into their motor reserves, but who hasn’t?
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News
Bodily injury storm knocks Esure into £14.2m loss
Finance director Andrew Whitehouse insists a boost to prior-year reserves will not be needed
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News
Utley ‘extremely disappointed’ with Equity Red Star's full-year results
IAG's UK motor arm posted a £216m loss, but Utley predicts return to profit
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Breaking News
Tradewise re-appoint Auto Windscreens as services provider
Auto Windscreens to control automotive glass costs
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Companies & Markets
How LV= has avoided the bodily injury mess
LV= reported strong growth in its GI unit despite strong bias towards motor
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Online only
17% of drivers lie to get cover
One in six motor insurance customers inputs false information
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News
LV= predicts bumper profit, but says that it won’t last
O’Roarke warns of more modest figures: ‘we won’t keep growing at 37% a year,’ he says
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News
One in six motor customers inputs false information
ABI and DVLA research also reveals that 1% of customers don't have a valid driving licence
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Online only
Fraud increasing motor rates at record pace
AA Insurance says rising car insurance fraud is punishing honest drivers
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News
Full steam ahead as Admiral reports profits up by 21%
Finance chief says company was helped by early adoption of price comparison sites
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News
Fortis UK doing better despite half-year results, says Smith
Private motor book losses and volcanic ash claims contributed to poor performance
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News
Co-op is optimistic despite falling profits in first half
Household and motor books hit by extreme weather, but new business rates up 40% on January 2009
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People & Opinion
Interview: Michael Watson
Selling insurance for the last 100 years, Canopius Group certainly has a sense of history. But, with a steely focus on profitability and building up the company before a private equity exit, its chairman is running a thoroughly modern business
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Analysis
Young drivers in line for 45% increase in premium
View AA’s exclusive data on young driver rate increases
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News
Allianz gears up for further motor rate rises this year
Insurer chief sets positive tone as the firm prepares to add two new corporate partners