Motor – Page 98
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NewsExpert predicts £100m bill to satisfy MoJ claims deadline
But long-term view suggests potential savings between 10% and 20% of indemnity spend
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News AnalysisA time to kill
As news hit of the demise of HSBC’s motor insurance arm, the market was left to wonder how this vast, global bank could allow its insurer business to fail despite two serious takeover bids. Insurance Times pieces together the real story behind the headlines
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Online onlyQBE raids Aviva for motor underwriter
Iain Bickers expands insurer's regional motor trade team
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ClaimsWe’re the good guys
The relationship between insurers and credit hire operators has always been fiery. The operators’ association is determined to sort things out – before the government gets involved
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Online onlyKGM nabs claims specialist from QBE
Motor specialist appoints Stella Brooks as claims superintendent
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Online onlyMotor rates set to rise
Study by Aon reveals insurers confident of increase in motor premiums
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Online onlyAccidents down, but personal injury claims soar, claims AA
Road casualties down 8% according to AA Insurance
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Special ReportsMotor Focus: Will it be scraps for insurers?
The slide in new car sales may have stalled in the two-and-a-half months since the government introduced its ‘bangers for cash’ scheme. But what about the impact on insurance premiums and claims?
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NewsHSBC injects £80m cash into motor underwriting business
Recapitalisation of group needed after HSBC fails to attract buyer for its underperforming business
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News AnalysisOn the skids
All of the top private motor insurers made underwriting losses last year and, according to the latest EMB analysis, things are expected to get worse during 2009. Companies will have to adapt to new market conditions because they cannot rely on their reserves as in previous years, says Naeem Ali
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NewsTough road ahead for motor insurers
The motor market is running out of reserves and is still failing to make an underwriting profit, according to exclusive analysis of this year’s FSA returns by acturial consultant EMB.
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