Financial – Page 74
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Briefing: Who will be the winners and losers of the FCA’s pricing crackdown?
The FCA’s research into business models has thrown up some intriguing questions
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Aggregators making TWENTY SIX times more profit margin on home versus insurers
Aggregators huge operating profit margins rising every year as insurers barely keep head above water
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Agenda
MGAs turn to reinsurers for capacity in hardening market
Reinsurers have shown a keen appetite to partner with managing general agents in the primary market this year
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News
‘The tide has turned’ on fraudsters as the industry reacts to the latest ABI figures
Industry appears mostly encouraged by latest fraud figures, but still see a long journey ahead, while one questioned the return on investment
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News
David Ross unveils plans to double the size of Ardonagh ‘in 3 years’
Ross believes that the business can double in size over the next 3-5 years ‘without breaking a sweat’
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Agenda
Revealed: Top 50 brokers cash in on premium finance instalment charges
Brokers in the Top 50 are relying on premium finance instalment fees as a significant contributor to overall income, analysis shows
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In depth: M&A is main driver of change in Top 50 Brokers
IMAS partner James Simpson looks at how takeovers during the past year have pushed big brokers up the rankings
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Agenda
Top 50 Brokers winners and losers: consolidators make ground while Gallagher falls back
Insurance Times picks out the highlights of the latest Top 50 Brokers
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News
Admiral chief executive looks to benefits in 2020 of ‘cyclical’ UK motor market
Insurer confident of good results next year after early response to claims inflation
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Analysis: Shares fall, claims mount - what’s wrong at Hastings?
Hastings shares fell last week as it announced its H1 financial results
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Agenda
Aviva eyes broader corporate and specialty risk appetite
As Aviva continues to see impressive growth in the sector Colm Holmes says UK GI will look at adding more risk classes
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News
Hastings’ CFO seeks ‘balance’ on premiums and costly claims inflation
It follows the release of the insurers H1 results this morning that saw shares plummet amid claims inflation but GWP was up 3%
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Agenda
Ethos MD Richard Tuplin – consolidator competition driving up broker acquisition prices
Tuplin says that while Ethos don’t always match the prices paid by other firms, it is the wider proposition that wins brokers over
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News
Ageas ‘closely monitoring’ motor after large losses drag on performance
Ageas half-yearly profits would have fallen but for a boost from the Ogden rate change
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News
Hiscox bosses reveal where rates are rising in retail and London market businesses
Hiscox chief executive Bronek Masojada says the Lloyd’s market is in a better position than it has been for some time after rate rises
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Agenda
Egan sees ‘early shades of growth’ at RSA as new regional broker business shoots up
After a period of shrinking UK premium to restore profitability, chief executive Scott Egan sees signs of green shoots in the broker channel
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News
Pensions PI cover: Will FCA crackdown reignite insurer interest in difficult line?
Insurers have been pulling coverage in pensions PI for a number of years, but will the FCA’s recent intervention change things?
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Agenda
Irish leisure market’s insurance crisis with jobs threatened. Is UK next?
Brokers give their views on the challenges faced by the UK leisure insurance sector and how they compare to those in Ireland
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News
CLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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Features
Figures revealed: Insurers guilty of costly Ogden miscalculation
Based on results for 2018, some of the major motor insurers look to be hit with a multi-million pound blow as the rate remains in the negative