Financial – Page 9
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NewsEuropean insurance group given approval to underwrite specialty lines business in UK
’With the UK branch, we are further diversifying our business mix,’ says chief executive
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NewsGallagher reveals growth across UK divisions in Q3 2023 update
’We are in fantastic shape for our busy last quarter of the year,’ says chief executive
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NewsPricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
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NewsCost of insuring EVs ‘a lot’ higher than for ICE vehicles
’There are plenty of good reasons why EV insurance coverage is higher,’ says motor insurance expert
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NewsAviva launches new cyber cover for micro-SMEs
’Brokers will play a critical role in helping micro-SMEs build their cyber resilience,’ says head of cyber
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NewsIFB issues travellers warning amid fraud concerns
’Any fictitious or exaggerated expenses for what otherwise would have been a genuine claim is still fraud,’ says director
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NewsAllianz Commercial expands digital offering to bolster eTrading for brokers
’We’ve been investing heavily in our eTrading capabilities,’ says director of digital trading
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NewsABI issues Luton Airport fire update as insurers contact customers ‘as quickly as possible’
’Insurers continue to do all they can to help their customers,’ says association
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NewsSabre grows motor business despite battling ‘very high inflation’
’We have been able to increase prices at a level to cover high on-going inflation,’ says chief executive
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NewsCyber insurance represents ‘small proportion’ of potential economic losses from major attack
A risk scenario published by Lloyd’s of London shows such an attack could result in potential global economic losses of $3.5tr (£2.8tr)
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NewsConsumers not engaging with insurers before cutting back on cover
“It is troubling that, instead of reaching out to trusted providers, many people are turning instead to what is often unregulated financial and investment advice,’ says chief insights officer
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NewsAverage price of motor premiums rise at record pace in Q3 2023
’Motorists of all ages have seen new business quotes soar,’ says insight manager
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News AnalysisOpinion: Can you afford to not compete?
Acting editor Yiannis Kotoulas discusses the increased attention on competitiveness within the insurance industry
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NewsOpen GI partners with Ark to expand commercial offering
Head of distribution says move allows for trading ’with an even broader spectrum of high-quality brokers’
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NewsAviva among insurers exploring bids for RSA’s UK PL business
It came after RSA owner Intact said it was exploring strategic options for the PL arm
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NewsAA boosts insurance revenue amid ‘strong price inflation’
’Our insurance business has increased prices in line with this, growing profit at the same time,’ says group
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NewsHome and motor insurance premiums surge at ‘unprecedented’ rate
’Significant price drops may not materialise until insurers feel more at ease in the changed environment,’ says director
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NewsPartners& boosts revenue by 54% following UK expansion
’We have made impressive progress in our plan to create the leading advisory business in the sector,’ says chief executive
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NewsAllianz Commercial partners with MGA over aviation war facility
’It demonstrates Allianz Commercial’s commitment to aviation as a strategic area of our business,’ says head of aviation
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NewsDirect Commercial launches first product on Open GI platform
’Brokers value speed of trading and simplicity of service and we continue to meet that need,’ says head of schemes
