Financial / Results – Page 89
-
Online onlyQBE to raise $825m new equity capital in wake of coronavirus pandemic
The insurer said in an announcement to the Australian Stock Exchange that the extra capital would come in the form of a new equity placement and a share purchase plan
-
Online onlyBriefing: How bad could coronavirus claims get for insurers?
Insurance has been holding up well - but there are some real risks
-
Online onlyEsure back in profit but underwriting struggles continue
A 5.5 percentage point improvement in the insurer’s overall combined operating ratio was not enough to report a positive underwriting result
-
NewsInsurers continue baby steps in reducing gender pay gap
Despite the Government Equalities Office suspending enforcement of the gender pay gap deadlines for this reporting year, a number of insurers have still published their figures
-
NewsInsurers and banks ‘acutely impacted’ by Covid-19, says operational risk association
However, the membership organisation believes the biggest potential cost on businesses is reputational
-
News AnalysisAviva, RSA, Direct Line and Hiscox suspend dividend payments amid Covid-19
The uncertainty over the duration of Covid-19 has left many insurers unable to forecast a clear outlook for 2020
-
NewsSabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
-
NewsUS insurers offer motor premium refunds as Covid-19 hits claims frequency
UK market will be keenly watching the actions of US motor insurers
-
NewsFCA outlines business priorities for 2020 and 2021
The regulator’s plans recognise the impact of Covid-19 on the financial services sector says interim chief executive
-
-
NewsNFU Mutual includes Covid-19 in personal accident and annual travel insurance policies
New and existing home and business customers set to benefit from new support package
-
Online onlyDebate grows on state-backed Pandemic Re to cover mass business interruption
Parametric type cover suggested as a solution
-
NewsInsurtech UK appeals for startup backing amid Covid-19 crisis
Members of the trade body have also raised their concerns due to the coronavirus business interruption loan scheme not being suitable for startups
-
Online onlyCarrot encourages policyholders not to drive by offering double rewards
The move from the telematics company is in response to Public Health England urging people to stay at home during coronavirus lockdown
-
News AnalysisPoor data hampering FSCS from tracing customers of collapsed unrated insurers
In some cases, it has taken two years for insurers to identify customers to the Financial Services Compensation Scheme
-
NewsAA improves trading EBITDA by 3% but suspends final dividend due to Covid-19
However, the insurer stated that coronavirus has ‘not impacted the group materially’
-
Online onlyUnrated Gefion ordered to stop writing business
The move comes after the Danish FSA failed to approve the insurer’s recovery plan
-
NewsAviva’s motor margins could be ‘significantly higher’ due to coronavirus quarantine says Jefferies
Essential workers will be allowed to commute without paying additional premiums
-
Online only‘Unacceptable’ - Tory MP blasts insurers amid no coronavirus payout customer fury
Sir Roger Gale said insurers must pay out in the customer time of need
-
NewsLloyd’s boss confident it can weather Covid-19 storm as it returns to profit
Its combined ratio saw an improvement of 2.4 percentage points
