Financial / Results – Page 10
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IT Awards 2024Insurance Times Awards 2024: Premium Credit seeks to raise awareness of its ‘viable option’ for customers
Owen Thomas, chief strategy officer at Premium Credit, talks about the company’s entry for the Business Partner of the Year award
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NewsSpecialist MGA announces new deal with Aviva
’We’re delighted to agree this deal,’ says manager
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NewsUK home insurers sitting in the red – and further losses are expected
’2024 will ultimately be another difficult year for both firms and for customers,’ warns insurance leader
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News AnalysisUnderwriters facing ‘hard time’ due to data increase
The ’ability to assimilate all of that knowledge and make sense of it is a really key challenge for underwriters’, says general insurance leader
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NewsInsurer warns UK businesses that austerity is on the cards as debt threat drives decisions
‘UK public finances are weak and fiscal policy will start to tighten again from 2026,’ predicts senior economist
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NewsLabour action to tackle motor premiums criticised for ‘industry-led approach’
’If the industry investigates itself, how do you avoid the outcome being skewed?’ says chief executive
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NewsGovernment clamps down on motor insurance after election pledge
Allianz’s UK chief executive has issued a statement following the move
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NewsCar insurance premiums drop for third consecutive quarter
’Insurers have felt able to continue the reducing trend in premiums,’ says UK head
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NewsNon-life underwriting profit at Lloyd’s soars
’It’s fantastic to see such a big improvement in underwriting results,’ says co-founder
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NewsNew MGA launches with $25m capacity and industry veteran as chief executive
The firm has also received backing from a private equity investor
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NewsCommercial insurer rebrands after broker feedback
’Our whole philosophy is about listening to the industry and to our broker partners to make sure that we continue to deliver what the market needs,’ says head
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NewsWarning issued as personal injury compensation claims nosedive
’Many people who have suffered painful injuries and disruption to their lives are not receiving the compensation they need and deserve,’ says chief executive
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NewsBroker adds Markel UK to insurer panel
Director says welcoming Markel ’enables us to expand our offering of choice’
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News AnalysisPaul Anscombe: Seventeen Group’s independence means culture is the ‘number one priority’
After a healthy dose of M&A this year, the broker chief executive is keen to slow down purchases and showcase an organic growth focus alongside making larger, fewer buys
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NewsZurich set to reveal new three year plan
The plan will be shown to investors at a meeting later next month
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NewsMunich Re MGA officially closes for business
’We’d like to thank our clients, partners and colleagues for your support and trust over the years,’ says firm
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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NewsInsurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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NewsZego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said
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NewsMGA secures capacity deal with recently rebranded insurance firm
’It supports our growth ambitions over the next five years,’ says managing director
