All Financial ratings articles – Page 6
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Secondary psychiatric injuries add ‘significant sums’ to PI claims costs – Kennedys
Insurers may have to stump up higher claim payouts for individuals who develop a gaming disorder or an opioid addiction as a result of a physical injury
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Ageas records £52m operational free capital generation in UK for third quarter
The insurer said that product lines which are exposed to the fallout of the coronavirus pandemic are ‘limited’
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‘Real opportunity’ in dual pricing ban for MCE, says bike broker boss
MCE boss Julian Edwards said the pricing ban would benefit insurers with lower expense ratios
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Covid-19 losses ‘not a major concern’ for Zurich, as group releases Q3 trading update
The insurer is confident that it has limited exposure to any new developments regarding the pandemic
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Aston Lark snaps up Amlin pleasure boat business
UK yacht is one of the nine classes of business Amlin said it was seeking to withdraw from last year
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Fall in Direct Line Group premium income offset by fewer claims
It is on track to deliver a combined operating ration between 93% and 95%
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Private equity firm and Singapore wealth fund to buy WTW’s Miller
The deal marks the first step in Cinven’s new financial services-focused strategy
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One in five cancel insurance amid financial pressure of pandemic – Premium Credit
Rising premiums have seen more customers turn to premium finance
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Insurance shares soar on vaccine hopes
Several insurance stocks saw sharp rises today, including Aviva and Direct Line
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Allianz Insurance sees year-to-date GWP decline as Covid bites
LV= however saw more positive results
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Too good to turn down? RSA told latest offer better than Zurich’s 2015 bid
RSA is being offered ‘more than fair value’ with latest bid offer
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Average motor claim cost in Ireland rose 4% between 2018 and 2019
Compensation for litigated settlements in Ireland averaged €46,214 between 2015 and 2019, with legal fees coming to €23,409 for these cases
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Coventry-based broker closed by FCA
The regulator ordered the firm to cease carrying out regulated activities under a client money order
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RSA mulls multibillion pound consortium bid
The British insurer has been seen as an attractive acquisition target for some time
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GRP’s Yorkshire hub snaps up regional broker
Marshall Wooldridge announces its second deal in a matter of days
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Brokers define hard market and struggling economy as their biggest concerns
Research by Aviva also signposts Brexit as the potential cause of an economic decline
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Brightside sees EBITDA improvements in broking business
Placing IQED into run-off has impacted 2019’s financial figures, but the business’s broking activity is showing positive growth
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Brightside puts MGA business Kitsune into run-off
MGA was unable to deliver the same level of returns that the core broking business did, Brightside chief executive tells Insurance Times
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AXA reports €38bn revenue for P&C in last nine months
Both commercial and personal line results fluctuated due to the ongoing Covid-19 pandemic
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FCA business interruption test case appeal date set by Supreme Court
Six insurers, the FCA and the Hiscox Action Group are appealing some parts of September’s High Court ruling