Financial – Page 3
-
NewsInsurers exiting high-risk areas as climate losses surge
’Increased frequency of climatic events has exposed insurers to more risk,’ says analyst
-
NewsFacility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
-
NewsCanopius Group sees profit surge during 2023
’Decisive actions have been taken to accelerate delivery in the last few years,’ says chief executive
-
NewsMS Amlin improves COR by nearly 10 percentage points in 2023
’As these numbers show, we are reaping the rewards of our transformation efforts,’ says chief executive
-
NewsInsurtech UK calls for more clarity on new advisory panel for R&D
’It’s essential that companies with genuine claims can have effective access to this vital support in building their businesses,’ says chief executive
-
News AnalysisAre difficulties in the motor market having a ‘negative impact’ on capacity for MGAs?
’The market is creating opportunities, but it is also creating a lot of challenges,’ says head
-
News‘Integration and transformation’ the drivers for RSA this year – Ken Norgrove
’Brokers ultimately decide who wins in the commercial space,’ says chief executive
-
NewsLloyd’s Tiernan urges caution despite record 2023 underwriting profits
’Without any doubt, we must deliver adequate returns,’ says chief of markets
-
NewsLloyd’s of London improves COR by nearly eight percentage points in 2023
’We continued to see sustainable, profitable growth and performance,’ says chief financial officer
-
NewsAviva has ‘clear momentum’ following full-year 2023 results – Blanc
‘Nobody in this market can replicate’ Aviva’s operating model, says group chief executive
-
NewsAdmiral posts COR of 88.7% for 2023
’2023 was a more encouraging year after a difficult 2022 for the industry,’ says UK chief executive
-
NewsAviva’s UK&I GI business boosts premiums in 2023 despite slight undiscounted COR rise
The COR rise was driven by higher commercial lines costs
-
NewsSimply Business expands offering for larger firms
’We are delighted to be able to expand our offering of choice,’ says chief commercial officer
-
News AnalysisBrokers reveal concerns about capacity for ‘under pressure’ MGAs
One broker highlights fears that MGAs may be looking ’to all sorts of weird and awful sources of capacity’
-
NewsHiscox UK posts £630m ICWP for 2023
’The UK broker commercial business continued to enjoy excellent retention, illustrating the underlying quality of the business and loyalty of our customers,’ says group chief executive
-
News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
-
IT InterviewClarissa Franks: ‘Growth is the mission’ for Lockton UK
The independent broker is focused on strong organic growth and gathering ‘superstar’ talent, says head of UK retail
-
NewsLemonade’s UK arm drives European growth
’Our European business made solid strides in 2023,’ says letter
-
NewsCatch up on insurers’ 2023 full-year financial results
As the financial year comes to a close, Insurance Times rounds up how insurers fared financially in 2023
-
NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
