All articles by George McDade – Page 3
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News
One million new customers help Admiral post record profit
‘We have an additional one million customers across our diversified businesses compared to this time last year, due to our focus on offering competitively priced cover and excellent service,’ says chief executive
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News
Beazley sees profit before tax fall despite insurance business growth
‘Growth of 2% reflects our disciplined approach and is fully aligned with our strategy of prioritising rate adequacy and long-term profitability over short-term income,’ says chief executive
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News
Camden, Islington and Lambeth among 10 boroughs seeing new crime spike
‘No one is immune and many victims don’t even realise they’ve been targeted until long after the offender has vanished,’ says head
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News
Insurance revenue climbs to £1bn for Canopius in half-year results
‘Despite rate pressure emerging across parts of our portfolio, the breadth of our business and the momentum we have generated in recent periods has been reflected in material premium growth,’ says chief executive
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News
Howden leverages ‘market conditions’ to reprice £3.1bn debt
‘Being able to make our borrowing more efficient puts us in an even stronger position to continue delivering on our ambitious growth plans,’ says chief financial officer
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News
Record spring heat drives £153m in subsidence payouts
Hotter, drier weather is known to put homes at greater risk of subsidence damage
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News Analysis
Which personal lines products will find sustainable profit in 2026?
Insurance Times analyses eight major personal lines products to predict where the industry will see profitable growth in 2026 amid cyclical market conditions and macroeconomic headwinds
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News
Insurtech investment hits £45bn since 2012
’There remains some scepticism in (re)insurance of just how impactful AI could be, but it is becoming clearer that this is a once in a generation technology,’ says head
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News
Nine in 10 non-standard brokers concerned about underinsurance
‘These findings underscore the urgent need for greater innovation and flexibility in non-standard insurance offerings,’ says leader
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News
Rates continue to decline in construction market
’This situation puts pressure on insurers with established portfolios, as they must carefully balance maintaining their market share with the growth objectives of their competitors,’ says report
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News
D&O insurance sees 13th consecutive quarter of year-on-year price falls
The number of policyholders switching carriers for their D&O insurance remains low amid sustained decreases in the cost of cover
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News
Building reinstatement costs up 3.8% over year
‘It’s clear that reinstatement costs remain on an upward trajectory,’ says industry expert
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News
Rising calls for ‘green’ insurance among industry professionals
‘Insurers which can demonstrate environmental commitments will enhance their brand reputation and improve trust among consumers,’ says analyst
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News
Allianz UK boosts operating profit by 28.4% in H1 2025
’The increase in profitability is an obvious highlight but this just represents the outcome from the extensive investments we have been making in our business over the past two years,’ says chief executive
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News
Cabinet office appoints disability and access ambassador for insurance
‘I’m deeply honoured to take up the role of disability and access ambassador for insurance – a sector that empowers people to navigate life’s uncertainties with confidence,’ says appointee
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News
Home insurance prices drop 3.9% in quarter to continue year-long fall
Average quoted home insurance prices fell 3.9% over the past three months, continuing a year-long trend of countrywide falls
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News Analysis
Which commercial lines products will find sustainable profit in 2026?
Insurance Times analyses eight major commercial lines products to predict where the industry will see sustainable growth in 2026 amid challenging market forces
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News
Brit’s undiscounted COR rises in H1 2025
It came ’against a backdrop of significantly increased major loss activity and more challenging market conditions’, says chief executive
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News
Hydrogen fuel insurance market predicted to reach £2.2bn by 2030
‘As the hydrogen industry scales up, supply chains may come under increasing pressure, with the risk of capacity constraints and delays for replacement parts,’ says head of natural resources
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News Analysis
Brokers reveal 2025’s best and worst insurer eTrading platforms
Aviva has secured a seventh consecutive five star award for eTrading service in Insurance Times’ latest research, trumping other extranet platforms such as Zurich Online, RSA Online and QBE FastFlow – but what else is the survey data saying?