Insurer Analysis – Page 38
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NewsRevealed: What brokers really think about the FCA
The regulator is overloading brokers and customers in its drive to improve industry behaviour. The cost of regulation and amount of paperwork were among the top reasons for broker unhappiness in our exclusive survey
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NewsFraud Charter: Beware losing expertise as FCA takes on CMCs
Government urged “not to throw out the baby with the bath water” when oversight of the claims management industry is taken over by ‘tougher’ FCA
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NewsConsolidation is key driver in appointed representative boom
The number of appointed representatives in the UK is growing; networks report record applications. Now the FCA has decided to look at the oversight of ARs by their directly regulated principals
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Online onlyNew entrants put pressure on cost of home cover
The price of home insurance has fallen as competition grows in the market, while over 50s’ growing confidence in buying on comparison websites is also having an effect
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Online onlyJune 2016 issue
Cover story: Gallagher and Marsh plot mergers and acquisitions … but insurers back smaller firms
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FeaturesInsurers looking to be van man’s best friend
With the price of van insurance soaring nearly 10% in the past year, some insurers see an opportunity for telematics and cross-selling in this neglected market
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NewsInsurer 50: Regulatory oversight weighs heavily
Solvency II has finally come into force, but now insurers face Pillar III reporting challlenges, and some insurers feel current level of regulation is making it hard for UK-based insurers to compete
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NewsQ&A: Bill Cooper on evolving opportunities and threats in insurance
Bill Cooper is celebrating 20 years of being in the insurance sector. In that time he has seen a lot of change. Insurance Times spoke to the head of insurance at Lloyds Bank about threats and opportunities in the industry and how the bank has responded. ...
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AgendaPRA Returns: Personal lines remain healthy for insurers – for now
Seven insurers analysed reported an average combined operating ratio of 99.7% for 2015
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AgendaPRA Returns: Aviva top household performer
Aviva reported the best performance of the seven insurers analysed in 2015 for household insurance, with a 93% overall COR. This is despite reserve strengthening adding one percentage point to its current year COR of 92.1%. RSA and Direct Line Group were the only other two ...
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AgendaPRA Returns: Aviva top performer in accident/health
Aviva was the best performing insurer analysed for accident and health business, reporting an overall COR of 92.9% for 2015 after reserve releases shaved 1.2 percentage points off an already profitable current year COR of 94.1%. AXA was the biggest beneficiary of reserve releases, knocking 2.7 ...
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Online onlyPRA Returns: DLG best performer in personal motor
Motor was once again the worst performing personal business line, with all but two of the insurers falling to an underwriting loss in 2015. On aggregate, the seven insurers studied reported an overall COR of 102.4%, despite reserve releases improving the current year COR by 14 ...
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NewsHas Allianz killed off the average clause?
Up to 40% of small businesses are underinsured, according to the FCA. Now Allianz says it will remove the average clause from SME policies. Will other insurers follow suit?
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NewsAnalysis: MCE’s underwriting division struggles with claims costs
Despite strong sales, motorcycle insurers’ combined operating ratio hit 147.5% to May 2015, and extra cash has been pumped in to strengthen its capital base
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AgendaPRA Returns: Insurers struggle for profit in shrinking market
Only Ageas and AXA reported profitable commercial combined operating ratios, thanks to reserve releases
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Online onlyPRA Returns: Ageas top commercial liability performer
Ageas reported a highly profitable COR of 79.2% for its liability book after reserve releases added 17.1 points. Direct Line Group was the only other insurer analysed to report a 2015 underwriting profit for its commercial liability book with significant reserve releases knocking 46.6 percentage points ...
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Online onlyMay 2016 issue
Cover story: Commercial lines profitability continues to elude UK’s top insurers
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AgendaAllianz was best performer in commercial motor in 2015
Commercial motor was the most profitable line of business in 2015, with three of the seven insurers reporting an underwriting profit. The best performing insurer of the year was Allianz, with a 93.5% COR after releasing reserves that knocked 3.4 percentage points off its current year ...
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NewsAnalysis: Insurers come together for micro insurance market
Asking traditional competitors to work together presented teething problems at first, but now the Blue Marble Microinsurance consortium of eight insurers is in a position to tackle the market’s bigger issues, writes sister publication Global Reinsurance
