All Financial articles – Page 5
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Latest News
Marsh pulls all Russian business
The move comes alongside a condemnation of the ‘unprovoked attack’
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Latest News
Direct Line Group recovers from 2020 dip with improved year-end financials
The group’s GWP remained broadly stable, despite its motor book seeing a tumble in turnover
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Latest News
Insurtech startup Nuon AI closes £1m pre-seed funding round
Customer traction in the UK and US has surged for the insurtech
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People & Opinion
Insurance prices remain uncertain following FCA rule change – Pearson Ham
Stephen Kennedy, director of insurance pricing at Pearson Ham, reviews how the FCA’s general insurance pricing reform is bedding in after coming into force from 1 January 2022
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Latest News
ERS premiums and COR hit by Covid-19
Underwriter confident of disciplined underwriting strategy despite results dip
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Insight
Hiscox to sharpen focus towards more balanced portfolio
Hiscox group chief executive discusses why the insurer will be rebalancing its portfolio and focusing on opportunities in its digital retail arm
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Latest News
Admiral’s UK motor book drives up business profit for 2021
The insurer’s financial results have mostly improved since 2020 thanks to its ’sameness in our core values and our approach to our people, customers and products’
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Latest News
Insurers excelling at customer experience track better underwriting performance
A ‘best in class customer experience’ will be ‘one of the driving forces behind success in 2022’
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Latest News
Esure records ‘minimal’ 2021 profit ahead of focusing on digital-centric strategy
Around 80% of the insurer’s profitability is being reinvested back into developing the business
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Insight
Briefing: Insurers are eyeing inflation as biggest claims risk for 2022
Describing inflation as ‘one of the single biggest issues’ for the sector, how do insurers plan to respond?
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Latest News
AM Best takes negative rating action amid Russia-Ukraine tensions
The ratings will stay under review until the agency evaluates the severity of the situation
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Latest News
Hiscox UK sees 9.9% GWP rise in 2021 despite ongoing Covid impact
The outlook for Hiscox UK remains ‘positive’ as the insurer expects to accelerate its digital acquisition channel
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Latest News
Aviva increases general insurance GWP by 6% to reach ‘highest sales in over a decade’
The insurer’s UK commercial lines business grew by 15% last year
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Latest News
Avid Insurance gunning for ‘strong growth’ post-Covid
Prices are hardening because of Covid according to Avid’s head of personal lines
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Latest News
Lloyd’s of London could face ‘sizeable’ hit from Russia-Ukraine war
Exposure to eastern Europe is likely to be ‘modest’ but classes such as energy could take a beating
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Latest News
MP John Glen proposes insurance industry overhaul in Solvency II reform
A new Brexit Freedoms Bill will be brought forward too
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Latest News
Peach Pi boosts business for parent company
However, the niche insurer’s managing director says the message conveyed is ’resonating with the type of people’ it wants to do business with
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Latest News
Axa UK and Ireland reports 3% rise in gross revenue for 2021
The wider group, however, steams ahead with a 131% boost in net income
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Latest News
Ageas UK’s 2021 net result rises by 14.6% as new strategy bears fruit
Profit improved in 2021, despite the insurer’s motor book suffering a financial dip
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IT Interview
Colm Holmes: Allianz is ‘always looking to do more with brokers’
Following the publication of its 2021 year-end financial results, the insurer plans to ‘increase investment in broker relationships’, according to new chief executive