Financial / Results – Page 85
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NewsMuch at stake for insurers, brokers and policyholders as FCA test case kicks off
The ruling on this week’s test case could have profound reputational and economic implications for insurers and brokers alike
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NewsWhy de-mutualisation is bad for consumers, and how it will affect the UKGI market
With LV= revealing it was considering the sale of its remaining life and pensions businesses, Insurance Times takes a look at the implications of wider de-mutualisation for policyholders, and what it means for the future of insurance
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NewsBriefing: How the AXA revolution has set the insurer up for long-term success
Disposing of a large portion of its life and pensions business has proved a smart move for the French insurer, and by putting more focus on its pure underwriting businesses, AXA will be hoping it can set itself apart from other large composite insurers in the market
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NewsOpinion: Will brokers end up as the BI fall guys?
Outcome of FCA business interruption test case eagerly awaited
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FeaturesFCA test case could be death knell for brokers’ PI cover if insurers win
Industry voices fear the fallout of the regulator’s test case on the broker PI market, predicting that it could become ‘a backstop for the entire business interruption industry’
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NewsGefion liquidators revealed after unrated insurer's licence revoked
Chief executive Tonny Anker-Svendsen said the Covid-19 crisis had hampered efforts at raising additional capital
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Online onlyBriefing: Aviva should avoid this strategic blunder
New Aviva chief executive Amanda Blanc faces one major issue that needs solving, but she is already facing distractions By content director Saxon East
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NewsArdonagh buys Arachas and Bravo Group as it completes £2bn debt raise
The independent broker bought the two businesses for a combined value of £550m
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Online onlyBreaking up Aviva: The greatest puzzle in insurance
Amanda Blanc faces a number of challenges as she takes over the helm at Aviva, but none are bigger than the problem of how to deal with the sclerotic UK business’s life and savings arm
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NewsPen extends construction capacity deal with CNA Hardy
The deal sees CNA Hardy becoming to the sole capacity provider for Pen’s modular construction policies
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FeaturesHNW Focus: HNW capacity enjoys ‘resurgence’ despite economic Covid constraints
Although the Covid-19 pandemic has caused an economic recession across most industry sectors, the high net worth market is surprisingly buoyant. Insurance Times explores the key capacity trends within this sector.
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NewsThe Big Question July/August 2020: What lines of business will harden or be most exposed following Covid-19?
In Insurance Times’s July/August 2020 issue, we ask the insurance market which business lines they thought might harden and which might be the most exposed following the coronavirus crisis.
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NewsTrade associations report high engagement with GPAPs around dual pricing
Biba’s chief executive said the voluntary measures are ‘benefiting home and motor customers’
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NewsThe history (or mystery) of the broker remuneration debate
The debate recently resurfaced following a report from Mactavish which called out the broker model, but what is the history behind the debate?
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NewsInsurtech honcho in final stage of capital investment raise
Durham-based reverse comparison auction insurtech honcho is in the final stages of its 2019-2020 £2.25m investment raise.
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Online onlyBriefing: The big Aviva challenge facing new CEO Amanda Blanc
Aviva chief executive Amanda Blanc has no easy strategic path in solving the Aviva problem
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NewsPIB Group reports a 50% improvement on its adjusted EBITDA between 2018 and 2019
The broker’s chief financial officer says ‘we have carved ourselves a unique position in the market’
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IT InterviewGreat businesses have greater value – Mistry defends broker consolidation
Brokerbility’s executive chairman Ashwin Mistry says that good businesses will always invest for the future, and that they should be rewarded for that in the valuation of their business when it is put up for sale
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NewsZurich offers full refund to single trip travel customers hit by Covid cancellation
Customers who haven’t claimed should be able to get a full refund
