Financial / Results – Page 19
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News
Lemonade’s UK arm drives European growth
’Our European business made solid strides in 2023,’ says letter
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Catch up on insurers’ 2023 full-year financial results
As the financial year comes to a close, Insurance Times rounds up how insurers fared financially in 2023
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ABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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Sponsored Content
Video: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 3 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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News
Allianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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Aon’s £10.6bn acquisition of NFP passes key US test
’The transaction is expected to close in mid-2024,’ says broker
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Zurich UK reports 9% growth in P&C arm during 2023
The growth came as the insurer continued its focus on broker and customer propositions
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Axa reports €19.3bn P&C gross written premium in Europe for 2023
Chief executive explains that ‘the role of the insurer has completely changed’
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Sponsored Content
Video: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 2 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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News
Concirrus moves into profitability after 204.6% revenue boost
’Having bought out our venture investors in early 2023, financial stability became a priority,’ says chief executive
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Q&A: Aviva looking to ‘raise the game’ with its eTrading platform
Kat Halbert, head of digital operations at Aviva, discusses the insurer’s plans for developing its eTrading platform in 2024
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Markel Q&A: Why broker relationships are key for construction clients
Martin Parker, Markel UK’s head of construction underwriting, discusses its new construction proposition and challenges within the sector
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Surge in insurance costs helps Money Supermarket secure record revenue
’Exceptionally high premium inflation continued, driving high search traffic,’ firm says
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Home insurance premiums surge by 32% in Q4 2023
’Home insurance premiums have increased across the country in the past year,’ says director
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News Analysis
Motor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News
Predictive data key for ‘competitive edge’
’It can give an insurance provider an edge, especially in aggregator-exposed channels,’ managing director
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News Analysis
UK insurtech sector ‘remains in most optimal place’ – Gallagher Re
An ’overcorrection’ in the insurtech sector has laid the foundation for a 2024 ’uptick’, says global head of insurtech
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More young drivers want telematics policy for environmental benefits
’Environmentally conscious driving doesn’t just lead to lower premiums, but also lower fuel costs and slower driving speeds,’ says chief executive
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Pet insurance premiums spike in last six months of 2023
Director says the group will monitor a new investigation by the CMA to see if it will have ‘any ramifications on pet insurance pricing in the year ahead’
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Artificial Labs completes £8m funding round
’This round of funding will enable us to accelerate our growth and continue to innovate in the algorithmic and augmented space,’ says cochief executive