Financial / Results – Page 26
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NewsRSA expands financial risks portfolio with new product for brokers
’We want to widen our relationships with customers and brokers,’ says portfolio lead
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NewsEcclesiastical's UK and Ireland COR soars in H1 2023
The insurer’s UK and Ireland arm also suffered an underwriting loss following ’larger than expected’ prior year claims
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NewsOver 80% of brokers worried about capacity levels in commercial motor
’We must all continue to focus on incremental improvements to manage the challenges we all face,’ says deputy chief executive
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ResearchRevealed: Eight MGAs awarded five stars in Insurance Times’ 2023/24 MGA survey
The survey polled 1,850 UK-based brokers
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NewsInsurance warning issued as Storm Agnes set to batter UK with strong winds
’We urge home and business owners to check now whether their property is storm resilient,’ says property claims manager
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NewsFCA slammed as ‘irresponsible’ after Gap insurance warning
’This latest warning barely recognises the hard work online providers do to provide reliable and honest coverage,’ says managing director
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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NewsHughes Insurance invests in commercial offering to support SMEs
’It’s crucial the SME sector remains adequately supported and protected,’ says director of operations and customer services
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News‘Totally unacceptable’ – reaction after justice committee releases OIC report
’Overall, it has been an inauspicious start to life for the OIC,’ says executive director
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NewsFCA issues fair value warning as it slaps Gap insurance providers with ultimatum
’This is an early signal of the work we’ll be doing under the Consumer Duty,’ says director of insurance
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NewsHome insurance payouts surge at faster pace than premium prices in Q2 2023
’Insurers continue doing all they can to offer competitively priced cover,’ says director of general insurance policy
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NewsMPs demand answers amid ‘growing’ backlog in OIC portal and rising premiums
The justice committee has published its findings after calling for evidence on the impact of whiplash reforms
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NewsCowbell expands cyber insurance distribution through new partnership
’Together, we’re proving how API-driven distribution can transform an industry,’ says chief revenue officer
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NewsPremiums for drivers with vehicles under £10,000 soar by nearly 40% in a year
’The costs of repair, replacement and labour have risen significantly, impacting both insurers and motorists,’ says director of insurance pricing
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NewsInsurers warned as motor and building insurance complaints hit five-year high
’Where these complaints are driven by insurers delaying paying out on claims, that’s unacceptable,’ says chief executive
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NewsReinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
‘It’s certainly one of those trends that is here to stay,’ says managing director for analytics
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NewsGeneral insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re
‘The elevated risk landscape calls for more frequent adjustments to underwriting practices,’ says chief underwriting officer
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News AnalysisBriefing: All change at DLG, but can the insurer recapture stability?
Direct Line Group has seen its fair share of headlines of late, but does this mean the insurer is moving forward?
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NewsDirect Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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NewsVast majority of motor insureds worried about premium rises – ALA Insurance
’2023 will undoubtedly be tough for consumers and insurers alike,’ says head of UK general insurance
