Financial – Page 38
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NewsQ3 2022 most expensive quarter for motor premiums – Confused.com
The increase in premium prices is a result of insurers battling a ‘bitter cocktail of rising cost pressures’
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News AnalysisBriefing: Uncertainty - The new insurance buzzword
Being proactive around market trends and data insight is the only way to stay ahead in today’s insurance industry
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AnalysisBriefing: Brokers believe PE firms should reject historic ‘disjointed’ view of MGA investments
Attendees at this year’s Broker CEO Forum discuss the drivers behind the current MGA capacity crunch
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NewsSeventeen Group posts ebitda of £4.82m for 2021
The group also posted a 27% increase in revenue
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AnalysisBriefing: Insurers face winter of discontent as sterling adds to claims woes
The ups and downs of the British pound gives insurers more to think about when it comes to claims costs
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NewsMotor insurers and credit hire companies agree increased hire rates
The move hopes to ease pressure among GTA members and reduce risk for end customers
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News AnalysisBriefing: Conservative financial strategy leaves industry seeing red
Insurers’ hopes of managing the inflation crisis were badly dented by the reaction to the recent mini-budget
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NewsAston Lark reports 75% revenue growth in 2021 results
This is the last financial results that the broker will report as a standalone business following its purchase by Howden Group in 2021
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NewsEconomic headwinds push insurers towards bond ETFs – BlackRock
A total of 17 EMEA insurers have turned to these funds in 2022 alone
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NewsTop 50 Insurers 2022 Digital Edition is now live
The definitive ranking of the UK’s top general insurers for 2022 has now been released – but where has your firm placed?
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NewsSaga returns to profit for H1 2022 as travel soars post-Covid
The insurer’s group chief executive says although the business is ’mindful that the external environment remains challenging’ it is confident that Saga is now in a stronger position than it was pre-pandemic
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NewsSMEs face significant levels of uninsured risk amid ‘tumultuous’ times – Aviva
Brokers are therefore vital for providing advice to protect businesses through economic headwinds
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NewsFCA warns sector over ensuring value for consumers
The regulator has warned that customers’ mental and physical health may suffer when struggling to pay bills
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NewsEcclesiastical posts improved COR of 88.8% for H1 2022
The specialist insurer also saw its GWP rise to £261.9m
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NewsEmployee mental health and financial uncertainty top concerns for UK SMEs in 2022 – Marsh
Inflation hitting a 40-year high will have a ‘profound impact’ on how these firms operate now and in the future, says corporate and commercial chief executive
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AnalysisBriefing: Insurers under pressure to harden rates as reinsurers talk tough
Feedback from the Rendez-Vous de Septembre conference is that reinsurers are cheerleading rising rates
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NewsGeneral insurance firms’ creditworthiness will be hardest hit by inflation – Fitch
The firm’s latest report further highlights that several European markets in addition to non-life could move to a status of ‘deteriorating’
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NewsGlobal insurance broker secures approval for Asta-managed Flux syndicate 1985
The launch aims to increase the $32bn of premium already flowing into Lloyd’s from the broker
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NewsStubben Edge Group secures new £5.6m cash injection
The insurtech’s ambition is to ‘change the financial services industry’ says its chief executive
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NewsLloyd’s of London reports COR of 91.4% for H1 2022
The market also achieved an underwriting profit of £1.2bn for the period
