Financial / Results – Page 51
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Analysis
Briefing: LV= private equity takeover failed … good, we need mutuals
The UK needs a good mix of mutual organisations to service customers - it cannot always be about the money
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News
Middle East oil giant backs Ardonagh in multibillion valuation
Chief executive David Ross says Ardonagh is an ‘international broking powerhouse’
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News
Bought By Many’s GWP doubles to £146m
By increasing its staff headcount and not putting employees on furlough, the business was able to cope with the pandemic pet boom
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News
Insurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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IT Interview
Andrew Johnston: Insurtech sector still on upwards trajectory thanks to incoming capital
But, sector expert has concerns that ‘insurtech’ label could constrict future investment if used too broadly or to encompass widely varied business models
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Analysis
Briefing: Has Solvency II impacted Gibraltar’s attractiveness?
Solvency II has changed Gibraltar. Can it continue to attract insurance firms?
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News
Manchester-based broker exceeds 2022 £100m GWP target already
The broker’s chief executive says the business is in a ’fantastic position’ to grow
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News
Allianz plans to strengthen ‘leadership position’ in P&C markets over next three years
The insurer is looking to scale and grow between 2022 and 2024
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News
UK non-life company market set to deteriorate in 2022 – Fitch Ratings
The credit rating agency believes high claims inflation, an uptick in claims frequency and the FCA’s pricing reform will impact insurers’ profitability next year
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Analysis
Briefing: Cracking the difficult US market for insurance
HomeServe shows that the difficult US market can be cracked
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News
SMEs optimistic over post-Covid recovery – Premium Credit
Around 24% of respondents believe their cash flow might shrink
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News
Insurer share prices plummet amid Covid resurgence fears
Share prices tumble as Africa and Asia come under the spotlight for Covid - analysts and investors fear lockdowns could cause more claims
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Analysis
Briefing: Now is a time of great opportunity on salvage for insurers and brokers
Salvage market presents an opportunity for insurers and brokers
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Analysis
Court of Appeal ruling is ‘nail in the coffin’ for undisclosed broker commissions
Premium finance provider has called for full transparency and disclosure around commissions
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News
Supply chains ‘need better protection’ – Swiss Re
Reinsurance group chief economist adds that recovery from the Covid-19 pandemic is a ‘marathon’
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News
Ardonagh improves adjusted ebitda by 44.5% in first nine months of 2021
The broker has also spent £125m on acquisitions so far this year
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IT Interview
Hiscox paying up to 800 BI claims a month despite policyholder information struggle
Outgoing chief executive confirms that the insurer has accepted around 10,000 business interruption claims linked to the Covid-19 pandemic
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News
Insurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
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News
Six out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer