Financial Analysis
Revealed: The hundreds of millions at stake as Gefion deals with multiple blows
As Gefion handles its solvency ratio getting reduced to 86%, Insurance Times analyses its UK market exposure
Revealed: The vast sums property agents can earn through Gallagher-owned firm’s captive set-ups
An Insurance Times investigation finds property agents are turning to captive set-ups to make large profits on underwriting, while disclosing smaller commissions
UK brokers report uptick in profit margins
UK brokers still lagging behind their European counterparts when it comes to profitability
Brokers scramble for new premium financing amid Gefion crisis
Premium finance providers cautiously accepting new Gefion policies as brokers seek replacement Premium Credit deals
Insurer CEO pay slides despite continued profits
Average total remuneration falls by almost a third, but basic pay still on the up as pre-tax profits grow by 5%
Tokio Marine Kiln Insurance - what happened? Brokers give their verdict
Filings suggest Tokio Marine Kiln Insurance had been struggling for some time
Capacity crunch fuelling MGA struggles
Lloyd’s bad business clampdown has had a knock-on effect for some MGAs
Fraud Charter: ‘Help us stamp out bad CMCs’ – FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the Motor Insurers’ Bureau over the Litigants in Person portal, while the FCA updated the room about claims management company regulation
Aggregator regulation and company scorecards - more dual pricing crackdown details revealed
Business secretary Greg Clark has revealed details of the government’s full plans to tackle the loyalty penalty in a letter to the CMA
Aviva split reignites M&A prospects
Fresh war chest gives Bravo Group acquisition firepower
The motor market will get tougher before it gets better – Covéa chief
Loss-making Gefion to cut under-performing broker/MGA business
Revealed: which insurer took the gold this year on underwriting performance?
Steve Treloar reveals how LV= will restore L&G home performance
Failed Gibraltar insurer LAMP: what went wrong?
Analysis: Where will M&A hungry global brokers look next?
Salary Survey: See where your firm ranks on women's pay
Briefing: Why Ardonagh has turned a big corner with latest deal
Peter Blanc: No limit to size of acquisitions with Goldman Sachs backing
Briefing: What new boss McMillan must do to fix esure
McKenzie Friends: Should they stay or should they go?
Underwriters battling to restore profitability in the hardening construction PI sector
Cyber is a reputational disaster waiting to happen - Mactavish CEO
Financial News
Norwegian insurer set to lose £6.9m over Grenfell ruling
Protector Forsikring loses case that Munich Re should pick up most of Grenfell cost through reinsurance programme
Bollington reassures brokers of Gefion plan amid Premium Credit axe
Gefion has 45 days to restore its solvency ratio or faces losing Premium Credit as a finance provider on its policies
Brexit blamed for Markerstudy-Co-op deal delay
Markerstudy paid £185m for its underwriting business, CIS General Insurance in February last year
Gefion bombshell as major premium finance provider pulls out
Leading premium finance provider announces it will no longer finance policies where Gefion is the underlying carrier
