Financial / Results – Page 30
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NewsInsurance customers clock up more time shopping around
’The rising numbers of insurance customers spending more time on shopping around reflects the rise in prices,’ says chief sales officer
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NewsWarning issued to UK motor insurers following ‘undeniably difficult year’
The need for motor insurers to rebalance its books will have a significant impact on consumers, says head of UK general insurance
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NewsInsurers to take part in Bank of England’s new system-wide exploratory scenario exercise
’We regularly run scenario exercises with a variety of firms, which support our efforts to protect and enhance the stability of the UK financial system,’ says deputy governor
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News AnalysisBriefing: D&O pricing may come down to a question of commitment
While pricing in this line is falling for customers, it is consistency they truly crave
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NewsAvantia’s customer growth triggers boost in turnover
’We continue to see significant opportunities to use the capabilities we have developed for the non-standard home insurance market,’ says chief executive
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NewsFraudulent claims against councils for pothole damage on the rise
’It’s vital that local authorities take the current heightened fraud risk seriously,’ says head of claims fraud
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News AnalysisBriefing: Brokers likely to face a choice as top 20 dominance increases
The increasing concentration of market share among the sector’s biggest players presents the rest of the industry with a question
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NewsJensten Underwriting partners with Hiscox to launch new technology product
Wholesale managing director says such innovations ’attract more and more brokers to trade with us’
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NewsRankings reveal largest global brokers in 2022
Total fees and commissions earned from insurance broking activity worldwide in 2022 were worth over £120bn
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News AnalysisWho is the most profitable insurer in UKGI?
Insurance DataLab analyses the latest regulatory returns of the five largest insurers in UKGI, exclusively for Insurance Times
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NewsAviva first firm from insurance and pensions sector to join Dormant Assets Scheme
’It is such a privilege to be the first participant in our sector,’ says group general counsel
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News AnalysisIn Focus: Are MGAs facing ‘additional challenges’ in securing capacity?
Industry experts discuss the current state of capacity in the MGA space and how it can be secured amid tough economic conditions
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NewsQuoted home insurance prices rise at fastest rate in five years – Consumer Intelligence
’The sharp increases in quoted premiums in the past three months point to continuing rising prices for the rest of the year,’ says senior analyst
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NewsSabre reports slight year-on-year GWP drop in Q1 2023 results
However, chief executive says he is ’slightly more optimistic given strong volumes in recent weeks’
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NewsAviva UK GI records year-on-year COR improvement in Q1 results for 2023
Chief executive says general insurance business is going ’from strength to strength’
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News AnalysisBriefing: Industry has fight on its hands despite economic boost
’While there is light at the end of the tunnel, the economic issues that have beset the market look set to continue’
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NewsMarshmallow secures £15m backing from investment firm
The move will allow the insurtech to ’grow its customer acquisition without taking on additional dilution to existing shareholders,’ says statement
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NewsHome insurance market seeing considerable customer churn – Confused.com
Exactly 44.4% of insurance customers switched their policy providers in 2022, reveals research
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NewsMillions of consumers cutting insurance cover amid cost of living pressures
The financial services industry has a ‘vital role to play in supporting people during these challenges times’, says regulator
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NewsBroadway Insurance Brokers’ corporate and private assets double in value
Chief executive says progress made has ’far outstripped’ its expectations
