Financial / Results – Page 45
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News
Natural catastrophe claims knock Q1 P&C operating profit for Allianz Group
Chief executive states that the insurer’s ‘results demonstrate that our business can withstand significant geopolitical and economic pressures’
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Analysis
Briefing: How rising interest rates will impact broker acquisitions
Global M&A activity could be influenced by increasing interest rates and the dip in the dollar’s value
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Sponsored Content
Pearson Ham: How have the general insurance pricing practice remedies impacted market rates?
Pearson Ham’s director of insurance pricing, Stephen Kennedy, discusses the impact of the FCA’s pricing reform in the home and motor markets
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IT Interview
Andrew Johnston: Insurtech sector on cusp of ‘better democratisation of capital’
Gallagher Re’s global head of insurtech tells Insurance Times the key takeaways from the reinsurance broker’s latest report, explaining why the US market presents an opportunity for UK insurtechs
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News
Russia-Ukraine conflict sees Beazley predict £41m plunge
The insurer’s chief executive, however, ‘remains confident’ in its combined ratio guidance for 2022
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News
Axa’s property and casualty revenue up 2% despite ongoing Russia-Ukraine tensions
The group’s chief financial officer says it has stopped writing all new insurance business for Russia
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News
Direct Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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News
Direct Line’s premiums slide by 2.4% during Q1 2022
The group put the hit to GWP down to the FCA’s pricing reform, but trading was ’broadly in line’ with its expectations
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Analysis
Briefing: Stable it may be, but London needs real modernisation momentum
Frictional costs in the capital are still too high, despite credit rating agency listing market positives
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News
WTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
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News
Gallagher reports 14% UK organic growth for Q1 2022
The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m
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News
Global insurtech funding for Q1 2022 hits $2.2bn – Gallagher Re
Q1 2022 saw the highest ever-recorded participation of early-stage investment
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News
UK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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News
Credit ratings agency retains stable outlook for London market
Market trends are expected to exert a ’neutral influence’ on London market firms
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Analysis
TechTalk: UK insurtechs to capitalise on US opportunities post-pandemic
Insurance Times explores why the US remains the ’most attractive global destination for UK insurtechs’
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News
Bank of England launches Solvency II survey to explore cost compliance
Insurance firms have until the 27 May to respond with the Bank of England recommending that UK firms participate
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Analysis
When it comes to financial performance, does bigger really mean better?
Insurance DataLab reveals the preliminary findings of its 2022 Broker Performance Report exclusively in Insurance Times, rating the performance of different sized brokers based on their financial performance
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News
Scottish broker to strike £15m record turnover
The broker is keen to expand by putting talent and ’real honesty’ at the heart of its business
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News
GRP’s County Group expands Welsh portfolio
County’s chief executive says the firm is looking to expand its market presence in Wales and the Northwest