Insurer News – Page 157
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NewsAviva calls on government to make Online Safety Bill inclusive of spoofing scams
FCA data reported that £78m was stolen by clone firm investment scams between January and December 2020
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NewsZurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
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NewsAviva on course to deliver £4bn back to shareholders
Group chief executive Amanda Blanc says the insurer ’will continue to make excellent and rapid strategic progress’
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NewsAviva’s general insurance GWP sees 5% growth
Commercial lines saw room for growth and continued rate momentum
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NewsSabre Insurance inks underwriting deal with motorcycle broker
The insurer has full control of pricing, meanwhile investment bank Peel Hunt predicts Sabre could reprice its new portfolio
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NewsArag appoints broker business manager
The new hire has more than 30 years of industry experience
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NewsDirect Line Group reports £857.1m GWP for 2021’s Q3
Chief executive says the insurer has made ‘strong progress’ so far this year and is ‘on track’ to meet the FCA’s upcoming pricing reform deadline
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NewsBackchat November 2021
A spy running late, a spooky Halloween inspired game for brokers and a controversial home insurance advert. What has the insurance industry been up to lately? You heard it here first…
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NewsBeazley reports GWP improvement of 29% for 2021’s Q3
Chief executive believes the insurer is in a ‘great position to capitalise’ on the ‘the opportunity in the cyber market’
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NewsAxa’s P&C total revenue grows 5% in first nine months of 2021
The insurer’s quarter three financial update reveals commercial lines revenue growth of 7% in the nine months to 30 September 2021
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NewsAxa to launch €1.7bn share buyback programme
The insurer plans to cancel all repurchased shares
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NewsQBE signs three-year deal with rehabilitation services provider
The ‘market tender exercise is a great way for QBE to assess the rehabilitation providers in the market’, says the insurer’s rehabilitation manager
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NewsGranite Group agrees to buy Crewe-based telematics insurer
The deal aims ’to cater to increasing demand for motor usage-based insurance’ post-pandemic
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NewsHastings Group reports £103m profit before tax in 2021’s Q3
Chief executive says the insurer is ‘well positioned to take advantage of upcoming market changes’ as it seeks to fulfil ambition of becoming ‘UK’s best and biggest digital insurance provider’
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NewsAxa’s new oil and gas policy has ‘derailed’ its net zero ambitions – Reclaim Finance
Despite introducing exclusions, the insurer has left a cover loophole, enabling it to continue insuring oil and gas expansions, says NGO
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NewsHSB signs acquisition deal with specialist construction group
The deal will ‘expand our core insurance offerings into the structural warranty arena’, says insurer managing director
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NewsHiscox has paid out 5,153 BI claims in first nine months of 2021
In his last quarterly trading statement as chief executive, Masojada describes the insurer as being in ‘good shape’
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NewsAxa extends oil and gas exclusions in fight against climate change
The transformation needed to become a low carbon economy ‘can only happen by enabling companies from the energy sector to implement ambitious transition plans’, says insurer chief executive
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NewsAllianz appoints new approved repairer network to focus on green parts and EVs
The insurer aims to achieve ‘a market-leading repair proposition and high customer satisfaction’ with its new bodyshop partners
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NewsZurich agrees five-year capacity deal with travel insurer
The insurer will replace previous capacity provider Mapfre
