Financial / Results – Page 22
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News Analysis
TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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News Analysis
Why Aviva, Arch and Ageas were named insurers of the year
After being crowned as market-leading insurers at this year’s Insurance Times Awards, Insurance DataLab explores the figures behind the trio’s successes in 2023
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News
RSA completes personal lines exit with sale of UK operations to Admiral
The deal represents the conclusion of a strategic exit from the UK personal lines market
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News
Growing political pressure on insurers could see premium increases limited
’Price adjustments and rate increases will lead to fierce competition as customers look for cheaper cover or cancel,’ highlighted Sollers Consulting
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News Analysis
Dave Martin: Discipline will continue as Aviva seeks to drive service and product development
Aviva’s managing director for UK general insurance distribution and SME reflects on financial performance and what it is targeting in the new year
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News
Ecclesiastical continues schemes expansion with new broker deal
’We want to build on our schemes proposition,’ says schemes and facilities director
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Research
The 2023 Insurance Times Digital Adoption Report is out now
Insurance Times and Applied Systems have unveiled their joint Digital Adoption Report
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News
More SMEs turn to credit to pay for cover as premiums rise
‘It is worrying that firms are cutting back on cover by either cancelling policies or increasing excesses,’ says chief sales officer
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News
Motor insurance payouts reach record high in Q3 2023
’These figures highlight how motor insurers deliver when motorists need them the most,’ says director of general insurance policy
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News
Prestige and Tesco Bank partner for non-standard home offering
’We want to help customers find the cover they need,’ says insurance director
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News
Markel’s State National entering UK in 2024 to provide capacity to MGAs
’The UK MGA market is underserved and we’re intent on building a leading programme services division in the UK,’ says chief executive
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News Analysis
Briefing: Is the motor market ready to turn a corner?
The motor sector’s COR has deteriorated due to headwinds such a rampant claims inflation, but could inflation be about to ease?
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News
Ex-Liverpool defender Carragher praises Ardonagh Retail boss
’He is passionate about helping young people get on in life,’ says former player
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News
Broker Insights secures Lloyd’s broker as new client
’The platform will unlock vital data insights for the business,’ says chief executive
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News
Atec boosts turnover as policy numbers top 300,000
’The outlook for the business continues to be extremely positive,’ says chief executive
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IT Interview
Andy Holmes: Maintaining public relevance means breaking ‘two tablets of stone around insurance’
CFC’s chief underwriting officer says ‘cyber is perhaps at the cutting edge of where insurance more generally should go, if it is to remain relevant going forward’
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News
Redline partners with Moody’s RMS to streamline underwriting processes
’This application will further enhance Redline’s market knowledge,’ says global head of sales
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News
Provenance continues growth in private client sector with new supercar proposition
’This partnership is a natural extension of our commitment to delivering tailored insurance solutions,’ says director
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News
ABI issues IPT plea ahead of upcoming Autumn Statement
’IPT has increased more rapidly than the tax rate applied to alcohol and gambling,’ says association