Financial – Page 73
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News
Coronavirus not covered under standard business interruption policies says Aviva
The insurer’s chief executive said its policies provide ‘minimum coverage’ in terms of listed diseases within BI policy wordings
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GoCo shaking up price comparison as auto-switching customers boom
GoCo’s autoswitching customers surge past the 300,000 barrier
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Briefing: RSA results get better, but broker service levels must improve
Despite a financial boom and soaring profits, Insurance Times’s research shows that RSA has more work to do if it wants to improve broker relationships
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News
Could Hastings’ long-term battle plan see fortunes turned this year?
Short-term pain for the insurer could end up in long-term gain if its strategies pay off
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Features
The Briefing – MGA markets: Should MGAs carry their own risks?
Are boundaries blurring as increasing numbers of MGAs seek to hold their own risk? Insurance Times asks the experts whether MGAs are stepping on insurers’ toes…
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News Analysis
Hastings turns to pricing strategies as it seeks more profitable 2020
Earlier today the group revealed its full year financial results that saw claims inflation impact its loss ratio but customer retention was positive
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Features
RSA chief executive: UK and European business needs to ‘pull its weight’
The insurer’s chief executive confirmed that these regions have returned to profit at the end of 2019
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IT Interview
Allianz: commercial property market has been ‘too cheap for too long’
The insurer’s chief executive explains how rate increases are flagging behind jumped-up claims inflation
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Briefing: Break up or stay put? Why the new Aviva chairman is key
Aviva chief executive Maurice Tulloch has lost the man who appointed him - what will that mean for him and the company?
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Briefing: Make no mistake, these are worrying times for Hastings
Its shares plummeted 8% today after it was battered more so by winter weather claims than the previous year
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Features
Claims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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Motor insurers preparing for reinsurance rate hike as Ogden hits hard
Rates for motor excess of loss policies could rise by as much as a fifth at the 1 January renewal date
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Features
Is a MBO the way to go?
As merger and acquisition activity in the UK broking sector shows no signs of slowing, the choices for brokers at the smaller end of the scale are limited
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‘My goal is to build a world class insurance company’ - Esure CEO David McMillan interview
The chief executive spoke to Insurance Times about his vision for the business
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Pressure on Aviva boss Tulloch as Asian sale idea is ditched
Aviva decided against the sale because those parts of the business produce double-digit operating profit and are contributors to the group dividend
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Features
Pensions advice scrapped as firms fail to secure PI cover amid rising premium rates
Financial services firms are stripping back services as skyrocketing professional indemnity costs tie advisers’ hands
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News
Report reveals challenges at Irish insurer being put in run-off
Solvency report shows several challenges
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Agenda
More than just capital - the private equity firm seeking to grow its insurance portfolio
Insurance Times talks to the private equity firm with a hunger for insurance assets
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Want to make more money out of schemes? Index reveals most profitable lines
Public liability insurance offers highest renewal commission. Meanwhile, cyber is up and coming as a product bringing good profits to brokers, but more needs to be done to improve understanding