Financial – Page 16
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NewsSEIB saddles up to support equestrian community with new product
’We knew we needed to offer a half-way house insurance for those who need to significantly reduce their outgoings,’ says business manager
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NewsArdonagh Advisory looking to ‘build capabilities and expertise’ as part of M&A strategy
’[The acquired businesses] will benefit from joining and we will benefit from having them,’ says chief commercial officer
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NewsUK commercial insurance prices see slight rise
’The overall market has seen increased competition from incumbent carriers and new entrants,’ says report
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NewsMotor insurance claims business targets growth after ‘significant’ investment
Chief executive says investment will be a ’game changer’
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NewsHowden appoints Peter Blanc to head of M&A
It comes as the business announced a warchest of more than £1bn for investment in M&A, new initiatives and talent
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NewsVittoria Hub looks to ‘dream UK insurtech market’ with call for ideas
Startup chief executive says the incubator’s mission is ‘provide an easy route for entrepreneurs’ in insurtech
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News AnalysisMinster Law is ‘prepared for the future’ despite financial challenges
’Nobody can be in any doubt that this is a challenging market’, says chief executive
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NewsCovéa COR soars during ‘very challenging’ 2022
The insurer has ‘undertaken a strategic review’ with the aim of returning to profitability
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NewsArma Karma gets ‘stamp of approval’ as it seals £1.5m in funding round
The insurtech MGA now has several projects in the works
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NewsAviva Ventures to invest in ‘young digital and tech firms’ with new £150m cash injection
The business will first fund a London-based diagnostic imaging platform
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NewsUK business insolvencies set to rise in 2023 – Allianz Trade
’The UK faces a high risk of a prolonged upside trend in 2023,’ says report
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NewsThird Point chief executive mulls SiriusPoint privatisation
Billionaire investor Daniel Loeb believes SiriusPoint may be ’best positioned to execute on its turnaround strategy’ if it went private
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News AnalysisBriefing: Is mid-market consolidation coming to an end?
It is surely too soon to sound the death knell for broking M&A just yet, based on recent activity
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![acquisition three jigsaw]](https://d17mj6xr9uykrr.cloudfront.net/Pictures/100x67/5/9/5/96595_acquisitionthreejigsaw_905211.jpg)
News AnalysisStrong dollar provides no shortage of US M&A interest in UK insurance firms
Acquisitive brokers were asked if a strengthening dollar would see more US firms snap up companies in the UK
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NewsAviation reinsurance market could remain hard after ‘very large’ losses – Gallagher Specialty
’It’s likely that for the medium-term at least, a hard market for aviation reinsurance will persist,’ report says
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News AnalysisClimate trends drive ‘underwriting performance volatility’ – AM Best
This trend may impact reinsurance availability and costs, which insurers are already struggling with
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NewsReduced risk appetite for political violence amid increasingly ‘unpredictable’ landscape – Howden
Specialist insurance broker Howden says reinsurers have taken a financial hit in recent years
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NewsHeavy Consumer Duty investment among FCA priorities for coming year
In its business plan, the regulator says it will invest £5.3m in Consumer Duty to ensure it is ’embedded effectively’
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News‘Challenging’ 2022 for Esure as profit drops and COR increases
The insurer says it has ’not been immune’ from headwinds impacting profitability across the sector
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NewsBruce Stevenson’s chief executive to step down
His decision coincides with the broker reporting growth across the board
