Financial / Results – Page 56
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NewsCevian Capital revolts after Aviva’s move to return £4bn back to shareholders
The insurer announced last week it would start a £750m share buyback
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NewsMarshmallow finalising cash injection to become latest insurtech unicorn
The company will join other unicorns revealed this year, including Bought by Many, Zego and Tractable
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NewsAviva faces earnings impact amid soft UK motor market
UK general insurance delivered the highest sales in a decade according to Aviva boss, Blanc
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NewsAviva’s share price surges as boss Amanda Blanc delights investors
It also announced a £750m share buyback to commence immediately
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NewsZurich bounces back from pandemic with best underwriting result in years
UK boss Tim Bailey says insurer did ‘incredibly well’ amid pandemic challenges
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NewsFCA pricing reform will encourage ‘evolution rather than a revolution’ – Admiral Group
The group will be investing in ‘planting new seeds for product diversification’ to improve customers’ claims journeys, adds chief exec
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NewsAllianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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FeaturesBriefing: Pandemic predators - private equity dominance sparks concerns
Private equity is seen by some as predators of the pandemic, buying UK firms cheaply. Is it time for reform?
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NewsFewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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NewsAdmiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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NewsBlenheim Underwriting receives managing agency approval
The strategic move is a ‘significant milestone’ for the group
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NewsAIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022
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NewsMore insurtech M&A deals to be had – Willis Re
Following the release of Willis Towers Watson’s Quarterly Insurtech Briefing, insurtech M&A could be set to continue as the early to mid-stage pipeline remains healthy
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IT InterviewAndrew Johnston: Lots more investment looking for a home labelled ‘insurtech’
Willis Re’s global head of insurtech tells Insurance Times why he expects funding in this sector to increase and why the term ‘insurtech’ could lose its value in the long term
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NewsAllianz Holdings GWP dips across all business areas in 2021’s H1
The insurer says it is still grappling with the ramifications of the Covid-19 pandemic – for example, it has made payments on 87% of its accepted business interruption claims
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NewsRSA reports loss for first half of 2021
The insurer admits it is in a transitional period following Intact and Tryg takeover
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NewsHiscox continues to take action on cyber products following ransomware surge
Human error is the ’biggest vulnerability’ when it comes to cyber attacks, says the insurer
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NewsHastings Group records profit before tax of £76m for 2021’s H1
Live customer policies have improved 4% year-on-year to reach 3.1 million by the end of June
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NewsLegal and General boosts dividend after operating profits total £1,079m in H1 2021
The insurer will be returning £309m to its shareholders in September
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NewsDirect Line completes ‘heavy lifting’ of technology transformation
The insurer’s chief exec says transformation is ‘not just about tech’, but pairing it with the right cultural mindset
