Aviva News – Page 14
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Boosted eTrading proposition is key driver of Aviva’s H1 12% commercial lines growth
UKGI chief executive explains that the insurer is ‘really mindful of acting on broker feedback’
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Aviva takes ‘active’ approach to inflation in personal lines
Inflation is ‘not a surprise’, so the insurer has adopted a ‘cautious and prudent’ strategy to mitigate ramifications for brokers and consumers, says leadership
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Catch up on insurers’ half-year financial results for 2022
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2022. Get the story on insurers’ balance sheets and factors driving the figures here…
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Aviva plans 2022 year-end share buyback programme
Group chief executive emphasises that any return of capital to shareholders must be ‘sustainable’ and ‘regular’
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Amanda Blanc: Aviva is ‘not in any way vulnerable’
Following the ‘seismic move’ to divest non-UK, Ireland and Canada-based businesses, group chief executive confirms that Aviva has a ‘strength and performance that we didn’t have before’
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Aviva’s COR for UK and Ireland GI business worsens to 95.6% for 2022’s H1
The insurer attributes profitability dip to post-pandemic claims uptick and the occurrence of more severe weather events
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Ageas bolsters distribution team with senior appointment
The new hire previously worked at Aviva in a series of senior roles
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Aviva purchases specialist MGA’s HNW personal lines business
The acquisition supports the insurer’s intention to become the ‘market leader’ in this business line
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Majority of brokers interested in ‘further digitalisation’ – Aviva
Digital processes could ’eliminate’ repetitive tasks and free up time for customer service
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Admiral and Direct Line face double-whammy margin hit in 2022 – Bloomberg Intelligence
Regulation implementation and inflation pushing up claims’ costs are among the causes
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Successful D&I strategies require the insurance industry to stop ‘playing musical chairs’
There is an opportunity for the industry to rebrand insurance in order to encourage school leavers to join the sector
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Backchat June 2022
An alternative leg day away from the gym, an insurance professional cooks up a storm and one insurer celebrates its 100th birthday. What has the insurance sector been up to lately? You heard it here first…
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Allianz tops the ranks in Brokerbility’s insurer partner satisfaction survey
Aviva, meanwhile, has succeeded in underwriting
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Bogus home insurance claims grew by 45% in 2021 – Aviva
Whiplash and ghost broking fraud continued last year, according to the insurer’s figures
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Aviva enters negotiations with MGA
The proposed acquisition would support Aviva’s ambition to become the market leader in HNW personal lines
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Top Premier League clubs to pursue BI claim against major insurers
A ruling in this case could represent a ‘new test case’ for business interruption claims
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Ex-Aviva chief financial officer moves to Zurich
She has also previously held several senior roles at AIG
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Aviva reports 5% general insurance GWP uptick for 2022’s first quarter
But the insurer’s UK COR for general insurance has worsened by 7.3 percentage points year-on-year
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Adam Winslow: Managing inflation means separating commercial lines from personal lines
Despite the challenges of inflation, there is an opportunity for both insurers and brokers to do ‘really well’ through better understanding insurer risk appetite, says UKGI boss
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Inflationary impacts keeping brokers ‘on their toes’
The ’massive issue’ of underinsurance will also be exacerbated