Personal Lines related articles – Page 176
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Fitch: UK insurers well positioned
Ratings agency says industry has "defied expectations"
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News
R&SA to refund flood call costs
Royal & SunAlliance (R&SA) has pledged to refund flood victims who have been charged up to 50p a minute for calls regarding their claims.In the week that Sir Michael Pitt published his interim report on the summer floods, which cost the industry over £3bn, R&SA admitted that it had charged ...
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News
CBG to buy niche sports firm for HNW links
Broker CBG is set to acquire sports specialist PenMc in a bid to expand its high net worth (HNW) business.The acquisitive broker said it had agreed the terms of a recommended share offer for PenMc which values the company at £186,000.CBG said the acquisition would provide business opportunities for its ...
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FSA begin consultation on new travel insurance regime
Consultation process to end 18 March 2008
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RBSI approves partner’s use of aggregator site
Royal Bank of Scotland Insurance (RBSI) has for the first time given permission to one of its corporate partners to appear on an aggregator site other than TescoCompare.com.But the move could frustrate RBSI’s other corporate partners which have not been given a similar permission.Lloyds TSB, whose motor insurance is underwritten ...
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FSA bans former Insure & Go chief executive
James Richardson 'attempted to mislead FSA', regulator claims
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Battle of the sexes won
Why insurers believe gender must continue to be a factor when setting premiums
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Government given a lesson on flooding
UK must centralize its flood defences under one body to avoid future catastrophes
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News
Sterling growth starts with HNW
Sterling Insurance Group is to launch a string of products in a bid to double the size of the business in the next three years.The first product will be a new high net worth (HNW) offering.The Surrey insurer specialises in commercial SME and mid and high net worth insurance, with ...
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Admiral to increase motor premium retention
Will reduce ceded co-insurance premium by 5% in 2008
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News
Equity Red Star aims to grow household account
Norwich Union chief executive Igal Mayer has defended the insurance industry in front of MPs who have accused it of trying to “backtrack” on offering cover to householders in flood-hit areas.Giving evidence to the Commons environment select committee, Mayer said the industry simply wanted to reduce the risk to an ...
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News
Ex-RBS director to head Zurich’s retail division
Zurich has poached former Royal Bank of Scotland director Mike Quinton to head up its retail and partnerships division.The move to put both divisions under one managing director echoes a similar structure at Zurich’s European level that was put in place by Theo Bouts, chief executive of direct and partnership ...
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News
RBSI unveils restructuring changes
Move is said to create growth and stop its brands from competing against one another
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Features
Who’ll be top dog of the high net worth pile?
Brokers are finding increasing competition in the high net worth sector but they can still have a profitable business. Caroline Jordan reports