Insurer News – Page 129
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NewsAviva, Ageas and Zurich among insurers to join neurodiversity campaign
Insurance leaders hope to challenge stereotypes and misconceptions around neurological differences
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NewsEcclesiastical COR falls despite receiving ‘large claims’ in 2022
Chief executive Mark Hews said 2022 had been a ’transformational year’
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NewsHiscox UK to invest in ‘new talent’ with launch of underwriting academy
The insurer is ‘investing heavily in nurturing new talent’, says distribution director
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NewsNew MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
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NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
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NewsLloyd’s makes senior management changes to drive transformation progress
The changes will see Burkhard Keese revert to the position of chief financial officer
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NewsOutlook for 2023 positive despite ‘turbulent insurance cycle’ – Admiral
The insurer remains disciplined in its approach and competitive says its chief exec
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NewsUK’s most populated cities could see spike in risk of major flooding events
Flood Re says the findings ’support all the existing research on the impact of flooding in the UK’
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NewsWeather events batter Direct Line’s 2022 operating profit
Acting chief executive Jon Greenwood said 2022 was a ‘tough year’
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NewsLloyd’s chief of markets adamant that ‘strong’ market conditions present ‘a lot of opportunities’
The marketplace says it expects current conditions to put ‘upward pressure on profitability, not GWP’
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NewsZurich scheme aims to kickstart insurance interest
The insurer will broaden the size of its scheme to support and attract young people into the industry, it says
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NewsBackchat March 2023
Insurance Times shares the best industry anecdotes from the last month, delving into the world of obscure high net worth art. What has the insurance industry been up to of late? You heard it here first…
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NewsOpportunity for Solvency II reform is ‘significant’ – Amanda Blanc
Aviva plans to ‘invest more into UK infrastructure’, says group chief executive
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NewsInsurance Times reveals findings from IWD 2023 poll
Hybrid working was the most popular response to a question on the best methods for improving equity in the UK insurance industry
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NewsSlow claims payments on subscription-based business must be improved – Lloyd’s claims director
Collecting these payments can become ’convoluted for the broker’, she added
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NewsAviva’s ‘simple and nimble’ approach helped COR performance
The insurer says it has been ‘working hard on its efficiency’
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NewsEntertainment industry ‘not out of the woods yet’ despite recovery – Allianz
The insurer warned the sector ‘must continue to evolve’
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NewsAviva UK GI posts small rise in COR as ‘challenging market conditions’ bite
The insurer’s GWP also saw an uptick across last year
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NewsLloyd’s set to improve COR despite expected investment loss in 2022
The marketplace’s underwriting performance from 2022 is ‘as good as Lloyd’s has reported in recent memory’, its chief executive said.
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NewsAdmiral Group posts COR of 101.7% for 2022
The insurer’s group chief executive says she is ’proud of the agility and adaptability that Admiral demonstrated’ in 2022
