Financial – Page 9
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Latest News
Insurer share prices plummet amid Covid resurgence fears
Share prices tumble as Africa and Asia come under the spotlight for Covid - analysts and investors fear lockdowns could cause more claims
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Insight
Briefing: Now is a time of great opportunity on salvage for insurers and brokers
Salvage market presents an opportunity for insurers and brokers
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Insight
Court of Appeal ruling is ‘nail in the coffin’ for undisclosed broker commissions
Premium finance provider has called for full transparency and disclosure around commissions
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Latest News
Supply chains ‘need better protection’ – Swiss Re
Reinsurance group chief economist adds that recovery from the Covid-19 pandemic is a ‘marathon’
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Latest News
Ardonagh improves adjusted ebitda by 44.5% in first nine months of 2021
The broker has also spent £125m on acquisitions so far this year
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IT Interview
Hiscox paying up to 800 BI claims a month despite policyholder information struggle
Outgoing chief executive confirms that the insurer has accepted around 10,000 business interruption claims linked to the Covid-19 pandemic
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Latest News
Insurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
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Latest News
Six out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer
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Latest News
Majority of insurers believe climate risk will impact investment portfolio – BlackRock
Environmental risk is now considered a serious threat for insurers
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Latest News
Zurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
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Latest News
FSCS forecasts £900m levy amid postponed retail pool
Postponing the retail pool gave FSCS time to gain ’better understanding of failures for the current financial year’ chief executive Caroline Rainbird says
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Latest News
Van insurance premiums for the UK’s youngest drivers fall 18.1% - Consumer Intelligence
Despite the drop, the price of a typical annual policy remains high
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Latest News
Aviva on course to deliver £4bn back to shareholders
Group chief executive Amanda Blanc says the insurer ’will continue to make excellent and rapid strategic progress’
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Latest News
Aviva’s general insurance GWP sees 5% growth
Commercial lines saw room for growth and continued rate momentum
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Latest News
Allianz’s total revenue growth soars despite natural disaster burdens
Asset management and life business segments spearheaded profits with property remaining strong
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Latest News
Ageas UK profits up but claims inflation returns to motor
The insurer will ‘remain disciplined’ in its approach to pricing following financial toll on motor, says chief executive
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Latest News
Sabre Insurance inks underwriting deal with motorcycle broker
The insurer has full control of pricing, meanwhile investment bank Peel Hunt predicts Sabre could reprice its new portfolio
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Insight
Broker CEO Forum: ‘Unique hard market’ shows ‘fun and games’ in commercial lines
Although commercial rates are starting to ease, areas that are particularly affected by claims – such as cyber – could still see ‘strong increases’, noted delegates
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Latest News
Manchester-based insurtech broker eyes deals after £9m investment
The money will fund the group’s latest deal while accelerating its M&A strategy