Insurer News – Page 138
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NewsAegis London hires first chief technology officer
Aegis London, which operates Aegis Syndicate 1225 at Lloyd’s, has appointed Mark Degenaar as its first chief technology officer with immediate effect. Read more…
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NewsAxa to sell Singapore business to HSBC
The financial services business will spend €487m on the acquisition
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NewsZurich believes it has been ‘been at the forefront’ of tackling BI claims backlog
UK chief exec adds that the insurer has yet to see the ‘benefits’ of the OIC portal coming through following its launch in May
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NewsAviva’s share buyback is a ‘real positive’ says UKGI boss
Financial information business confirms that the insurer’s ‘future capital adequacy and the overall financial health of the group won’t be dented’ by its plans
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NewsCevian Capital revolts after Aviva’s move to return £4bn back to shareholders
The insurer announced last week it would start a £750m share buyback
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NewsMS Amlin Underwriting reveals new independent non-executive director
Gilles Bonvarlet will be retiring from the board following eight years of service
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NewsAviva faces earnings impact amid soft UK motor market
UK general insurance delivered the highest sales in a decade according to Aviva boss, Blanc
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NewsAviva’s share price surges as boss Amanda Blanc delights investors
It also announced a £750m share buyback to commence immediately
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NewsFCA pricing reform will encourage ‘evolution rather than a revolution’ – Admiral Group
The group will be investing in ‘planting new seeds for product diversification’ to improve customers’ claims journeys, adds chief exec
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NewsNeos’ UK consumer awareness could prove ‘challenging’ for Sky – GlobalData
A quarter (25%) of respondents in GlobalData’s survey who have household insurance also own a smart thermometer
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NewsAllianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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NewsFewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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NewsAdmiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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NewsNew broker-centric MGA Hoxton Insurance Services hits high net worth sector
The first MGA launched under the NuVenture banner aims ’to reinvent the broker and client experience for mid and HNW personal lines business’
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NewsEsure, Pikl and Sheilas’ Wheels sign distribution deal
The insurtech describes the deal as a ‘prestigious partnership’, while esure believes the move is a ‘game-changer’ for the industry
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NewsAllianz shows ‘continued determination’ to find ‘ways to trade successfully with brokers’
LV=GI boss adds that the ‘opportunities’ to work with brokers are ‘great’ as its intermediary channel grows by 150% in 2021’s H1
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NewsBlenheim Underwriting receives managing agency approval
The strategic move is a ‘significant milestone’ for the group
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NewsAIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022
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NewsIrish insurer expects Covid BI claim payments to hit €183m
The High Court in Ireland ruled against FBD in February
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NewsLV=GI boss has ‘never seen anything' as 'substantial' as FCA pricing reform
Preparing for the incoming regulation changes comes alongside “teething problems” with the Official Injury Claim portal, chief exec adds
