Financial / Results – Page 139
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NewsPublic sector quadruples terrorism insurance purchases
Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research
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NewsFCA appoints new chairman
Charles Randell CBE will take his new position on 1 April, replacing the outgoing John Griffith-Jones
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NewsPersonal injury lawyers see drop in profits in face of government reforms
Nearly half said the costs of doing business had increased in the face of government reforms in the Civil Liabilities bill
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NewsMarkerstudy agrees sale of insurance business to Qatar Re
Announcement ends months of speculation about a sale
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NewsMarkerstudy faces future as powerhouse MGA – Humphreys
Specialist motor insurer reshapes itself for the future after selling its Gibraltar insurance operations to Qatar Re, Markerstudy’s Gary Humphreys tells Insurance Times in an exclusive interview
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NewsSqueeze on the home market – Analysis
l Increasing competition is squeezing rates, and new customer discounts are raising accusations of dual pricing
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NewsGlobal reinsurance sees one of the worst loss years on record
2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View renewals report from Willis Re
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NewsMarkerstudy in sale talks with Qatar Re – reports
Markerstudy in ‘advanced’ talks with Qatar Re, say reports
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NewsLiverpool fire seen costing £2m in car payouts alone
Insurers could have to pay over £2m after as many as 1,400 cars were destroyed in the blaze, reports City AM
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NewsTempcover completes management buyout
Private equity provides capital and non-executive expertise for managment buyout
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NewsThe challenges facing motor – Analysis
The drastic change to the Ogden discount rate has dominated the motor market over the past year, but it’s not the only challenge facing motor insurers
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NewsAllianz, LV= complete first stage of joint venture
Allianz has bought a 49% stake in LV=’s UK general insurance business
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NewsUK General’s yearly profit fall “reflects structural changes”
UK General releases its yearly profit, after large investment into structural changes
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Online onlyBriefing: Where next for Brendan McManus and PIB?
PIB notched its 12th acquisition in 19 months. What can we expect in the future from the private equity backed consolidator?
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NewsAviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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NewsPoundland fights back amid reports of trade credit problems
Poundland hits back over reports of trade credit problems amid scandal at its South African owner
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NewsCar insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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NewsOutlook is stable for global P&C in 2018 – Moody’s
Moody’s latest report on P&C says the outlook is stable for 2018
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News2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
