Financial / Results – Page 27
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NewsLloyd’s H1 2023 results swing back into profit
’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive
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NewsRSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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NewsTravel insurance leads personal lines for potential growth
’This growth in annual travel insurance is reflective of a growing confidence and for many, a return to their normal calendar of travel,’ says chief executive officer
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NewsMotor insurance payouts surge faster than premiums in Q2 – ABI
’Motor insurers continue to deliver when motorists and personal injury claimants need them the most,’ says manager general insurance
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News AnalysisWhat is the most profitable line in UKGI?
Insurance DataLab analyses the top performing business lines in UK general insurance, exclusively for Insurance Times.
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NewsQuoted home insurance prices see record annual increase
’Many customers will be feeling the pinch in their household budgets,’ says senior insight analyst
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News AnalysisBriefing: Insurers hope reinsurers do not break the bank in Monte Carlo
Behind the glamorous location, the view of many heading to the event is that this year it will be a case of the two c’s – climate and cyber
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News AnalysisHow are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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NewsPen Underwriting announces new £100m capacity deal
’We can keep providing our brokers with the reassurance they look for,’ says managing director
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News AnalysisHas inflation been a ‘helpful correction’ for the UK motor sector?
’The only way to get a market correction is when there is something outside of the market’s control,’ says underwriting director
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NewsPen Underwriting inks deal with Open GI to expand distribution reach
’We have not only forged a strong partnership but generated real momentum,’ says chief executive
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News AnalysisIn Focus: What makes the motor market hard to compete in – and could there be future exits?
’I can understand some of the reasons why people might see this as the right time to get out,’ says director of insurance pricing
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NewsInsurance sector currently undergoing a ‘period of realism’ – Aviva’s Winslow
Aviva are ‘not seeing any indicators to suggest that customers are looking to buy less insurance or cover less,’ says UK chief executive
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NewsCatch up on insurers’ half-year financial results for 2023
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2023. Get the story on insurers’ balance sheets and factors driving the figures here…
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NewsSabre profits drop in H1 2023 despite rise in GWP
Chief executive says results are ’in line with our expectations and support our full year projection’
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NewsAviva increases GWP by 12% for H1 2023
Aviva grew UK premiums 11% in commercial lines, which it put down to ’strong rate and new business growth in mid-market and specialty lines’
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NewsAdmiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
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IT InterviewSteve Cowman Q&A: ‘Market competition a significant challenge’
’With the insurance landscape evolving rapidly, MGAs must differentiate themselves,’ says managing director
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NewsAllianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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NewsKingfisher Insurance’s classic car brand launches scheme for VW enthusiasts
Partnerships director says scheme will ’best suits their needs and protects these popular cars on our roads for generations to come’
