NIG
RBSI CEO cries injustice as it is hit with 30 PPOs
Royal Bank of Scotland Insurance's decision to strengthen its reserves by £320m in lieu of bodily injury claims has contributed to an operating loss of £253m in the first six months of the year.
RBS Insurance records £253m loss in H1 2010
Royal Bank of Scotland's financial results show its insurance business in the first six months of 2010 was adversely impacted by a significant increase in bodily injury reserving, including adding £241m to reserves relating to prior years. In total RBSI…
Post Magazine - 5 August 2010
The August 5 edition of Post magazine is now available to subscribers as a digital interactive e-book.
News analysis - NIG withdrawal: NIG: a very personal exit
The announcement of the proposed closure of NIG's personal lines business last week has raised a host of questions.
Editor's comment: Can NIG win back trust?
The news of NIG's proposed withdrawal from the personal lines market has caused considerable discussion this week both on the Post website and in the magazine.
Insurers signal motor rate rises are coming
More insurers are expected to take a close look at their personal lines motor book, following the news that loss-making NIG has drawn up a proposal to exit the business.
PL brokers defiant over demise of NIG motor
Brokers have responded defiantly to any demise of NIG's personal lines motor book, insisting there is sufficient appetite to fill the void left by the insurer.
Post in print - 29 July 2010
Post reporter Amy Ellis outlines the main news from this week's issue of Post.
NIG looks to exit personal lines after sale ruled out
Royal Bank of Scotland Insurance has unveiled a plan to close its loss-making NIG personal lines business after ruling out a trade sale as "unviable" in the current market.
NIG set to exit personal lines
Royal Bank of Scotland insurer NIG has outlined plans to close its personal lines division and focus solely on commercial business.
Fortis recruits quartet in SME commercial push
Fortis has bolstered its commercial lines underwriting and business development teams with the recruitment of senior staff.
RBSI looks to rationalise structure ahead of sale
Royal Bank of Scotland is seeking a corporate adviser to help restructure its insurance business ahead of a sale or IPO.
Former RSA director joins NIG
RSA's former UK liability and motor portfolio director, Heather Heale, has joined NIG as commercial motor manager.
A kwik fix for Fortis?
Fortis’ onward march continued last week with the not-so-unexpected news that it had acquired the Kwik Fit insurance business.
NIG slips into the red as RBSI brands all suffer
Royal Bank of Scotland Insurance subsidiary NIG was the only one of its major four brands to record a loss in 2009, Post has discovered.
NIG launches property product
NIG will launch its premier property owners product to a broker panel on the 6 July.
NIG mapping tool
NIG has rolled out a new geospatial mapping tool covering the whole of the UK including Northern Ireland.
NIG launches mapping tool
NIG has rolled-out a new geospatial mapping tool covering the whole of the UK including Northern Ireland.
NIG unveils product
Insurer NIG has unveiled a new professionals product as part of a revamp of its network broker package products.
NIG launches new professionals product
Insurer NIG has unveiled a new professionals product as part of a revamp of its network broker package products.
LV hires four former NIG staff
LV announced today that it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.
Interview - Paul Geddes: Regaining an edge
With a new team in place and a major change programme underway, including 2000 job cuts, RBSI CEO Paul Geddes talks to Jonathan Swift about the need to stay competitive.
NIG appoints Woollam
NIG has appointed Chris Woollam as head of key accounts.
NIG raids Zurich for new key accounts head
NIG has appointed Chris Woollam as head of key accounts.