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Motor results hit RBS Insurance. ROYAL Bank of Scotland said this morning that its insurance arm had experienced a further deterioration in the observed severity of bodily injury claims, and that this had led to a £241m increase in reserving with …

Disasters hit Validus Re numbers. BERMUDIAN re/insurer Validus has posted net income of $61.1m for the first half, down from $232.5m in the same period last year, on net earned premiums of $895.6m, up from $647.0m. Gross written premiums rose to …

Allianz profit up 40% in first half. GERMAN insurer Allianz has reported net income of E2.67bn ($3.52bn) for the first half, up 39.5% from E1.92bn in the same period last year, on total revenues of E56.0bn, up from E49.9bn. Net income from …