Financial / Results – Page 63
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IT Interview
Mike Bruce: Successful M&A ‘comes down to the quality of the businesses and why you are buying them’
Acquisition strategies need ‘a much more thoughtful model’ than ‘let’s buy everything that moves’ says chief executive
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News
FCA pricing reform timetable is still ‘too short to be achievable’
Under two-thirds of insurers believe more time is needed to implement pricing changes
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News
Insurdata’s UK entity enters voluntary liquidation
The chief executive says the liquidation is a matter of reorganisation
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IT Interview
Stephen Catlin: There’s ‘more pain to be suffered’ as market remains in Covid-driven ‘turmoil’
The direct market is assuming control from reinsurers to steer pricing corrections, while the ‘far-reaching financial consequences’ of the pandemic are yet to be fully understood by the industry, says (re)insurance chief executive
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IT Interview
Greg Brown: Insurers ‘nascent’ over cryptocurrency cover
Despite cryptocurrency market volatility, there is demand for insurance – particularly against theft – says consultancy partner
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News Analysis
Insurance2025: Personal Lines Keynotes, 2021
Firms’ differing interpretations and pace of change ahead of the FCA’s pricing reform deadlines could pose problems as the industry seeks to eliminate price walking
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IT Interview
Ian Hughes: ‘Brutal’ changes set to hit insurance sector as FCA uses its teeth
The FCA’s pricing reform will initiate ‘a fundamental shift of culture’ – it’s imperative that brokers and insurers ‘lean in’, says chief executive
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News
FCA’s pricing reforms are ‘right step’ – Covéa’s James Reader
The chief executive believes that pricing changes are not something that could be achieved with ‘small tweaks’
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News
UK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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News
Close Brothers Premium Finance urges brokers to ‘change gear’
Brokers ’need to change gear and do their bit to bring about a full recovery in 2021’, says financial services organisation
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IT Interview
Andy Yeoman: Data-led approach is ‘entirely non-optional’
Insurtech boss says brokers are ‘gearing up strongly’ around data and analytics to maintain ‘competitive advantage’
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Features
Briefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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News
Insurers have paid £600m in interim and final BI claims payments
Around 13,670 BI policyholders out of the 35,438 who have had claims accepted have received at least an interim payment
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News
Saga seeks transformation with strategic turnaround plan
Group chief executive believes the plan will boost growth for the business, while driving sustainable returns for its investors
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IT Interview
Aston Lark boss Peter Blanc on mission to ‘build best broker’ amid acquisition spree
With ten acquisitions completed this year and counting, Aston Lark boss Peter Blanc tells Insurance Times the motives behind the broker’s spending spree and how he envisions the business developing
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News
Taurus Insurance extends underwriting agreement with ERGO
ERGO’s head of commercial says the partnership has ‘great potential’
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Features
Briefing: Covid, capacity and poor insurer service continues to pose problems for brokers
Recent research compiled by Insurance Times and Close Brothers Premium Finance reveals what major challenges brokers are watching right now
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News
UK insurers warned of big challenges and put on ‘negative’ outlook
AM Best places UK insurers on negative outlook amid major challenges
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News
Saga’s full year results suffer due to ‘significant impact of Covid-19 on travel’
The company said travel insurance profitability reduced by £98.3m in the 12 months to 31 January 2021
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News
Climate change is the ‘biggest single investment opportunity’ for sector – Lloyd’s John Neal
The Lloyd’s of London chief executive also listed four key attributes driving the modern way to run a business in a briefing call with journalists last week