All Financial ratings articles – Page 8
-
Latest NewsMotor premiums rise by 0.1% as Covid measures are eased
However, data insight firm believes that prices in this market will fluctuate until the coronavirus pandemic comes to an end
-
Latest News
FCA test case appeal confirmed for Supreme Court
However Ecclesiastical and Zurich have bowed out, while Qatar Insurance Company Europe has been denied the right to intervene
-
Latest News
Not-for-profit broker SEIB buys ‘ethical’ intermediary
Acquisition target WRS specialises in the social welfare sector
-
Latest News
Hyperion receives long-term equity investment to boost M&A war chest
The equity investment from European investor Hg values the business at $5bn
-
Latest News
FCA files ‘leapfrog’ appeal application to the Supreme Court for BI test case
Despite believing that the judges’ verdict earlier this month was clear, the regulator has filed its application as a precautionary measure
-
Latest News
Insurtech Ripe posts 16% revenue rise
It is the insurtechs twelfth consecutive year that it has reported a rise in its financial results
-
News Analysis
Ardonagh EBITDA up 30% as specialty business drives growth
Chief executive David Ross said the result was testament to the broker’s resilience in the face of Covid-19, aided by the group’s diversified portfolio
-
Latest News
Clear Group buys Brokerbility Holdings
The deal marks the broker’s biggest acquisition to date - it will now manage around £200m in premiums and employ more than 400 staff
-
Latest News
Insurers to suffer dip in short-term profitability due to FCA’s price walking measures
However, credit ratings agency predicts that in the longer term, retention will increase
-
IT Interview
Covid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
-
Latest News
Lloyd’s taken off Fitch ratings watchlist
Fitch has now affirmed Lloyd’s AA- rating and removed them from the Ratings Watch Negative list, saying their rating is now stable
-
Latest News
Howden to buy A-Plan Group as it aims to expand its retail broking reach
The combined group will have a GWP of £4bn
-
Latest News
FSCS urges customers to ask key questions before switching insurers
With the ongoing pandemic and the FCA’s pricing practices report in mind, FSCS wants customers to be ‘confident and in control’
-
Latest News
FCA lays more options for exiting auto-renewals on the table
The FCA’s proposals around auto-renewal will apply for all forms of retail general insurance
-
Latest News
FCA taking 'the nuclear option' in pricing remedies
The regulator has gone further than it has in previous interventions, argues former FCA figure
-
Online only
Direct line shares take sharp fall amid FCA pricing ban
One of UK’s largest personal lines players feeling the pinch from FCA pricing ban
-
Online only
FCA warns on premium financing in pricing crackdown proposals
Regulator is concerned that customers may not be treated fairly on premium financing and warns providers could be in breach of law
-
Latest News
Insurance firms will be forced to end price walking as FCA reveals rip-off remedies
Firms have until January to feedback on the FCA’s final proposals for ending ‘opaque’ pricing practices
-
Latest News
Data subject insurance claims are ‘sting in the tail’ for corporate cyber breach victims
Law firm partner describes data subject claims as ‘effectively becoming the new PPI’ as practice reports activity uptick
-
Latest News
New funding for Brit’s digital syndicate Ki adds ‘firepower’ to expansion plans
Ki plans to ‘rapidly scale the business’ as it gears up to launch later this year
