Insurer News – Page 285
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Esure reports 5.8% increase in GWP
But home premiums drop as competition continues to put pressure on rates
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NewsAviva UK GI reports 1% premium growth and 98.3% COR in Q1
Chief executive Mark Wilson says group turnaround is ‘ahead of schedule’
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NewsHowden acquires care home broker
Care Home Insurance Services (CHIS) managing director David Waters will become chair of Howden Care
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NewsAllianz group operating profit up 5% in first quarter
German insurer’s combined ratio rises two points to 94.6%
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NewsL&G GI premiums drop 4% in first quarter due to “disciplined pricing”
But direct business enjoys 16% boost
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NewsDirect Line chief hails ‘good start’ despite 0.9% GWP drop in Q1
Insurer achieved rate rises of 3.6% in personal motor
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Online onlyPrivate equity firm takes stake in telematics company
RS Fleet managing director Lee Hodson says investment will help with firms’s expansion plans
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NewsAXA hires North regional director from Willis
Lisa Bartlett’s appointment completes senior management team for AXA’s commercial regional branch network
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NewsNewly branded XL Catlin business launches global marketing campaign
Campaign will reflect company’s strategy of trying to meet the demands of changing risks
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NewsJelf’s Barton lays out growth battle plan in SME mid-market and corporate
To compete in mid-market brokers must have a technically and highly competent consultative claims offering - Phil Barton
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NewsTowergate strengthens Scottish operations with senior hires
Changes follow the completion of the Group’s recent recapitalisation
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NewsGoogle: We are not here to disrupt insurance
Google head of digital marketing Carolina Vicente told delegates at the Insurance Times Innovation and Disruption Conference 2015 that the search engine giant has ‘no plans’ to start offering insurance
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NewsCatlin delists from stock exchange as XL takeover takes effect
Money to transfer to shareholders on 15 May
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NewsAgeas makes senior hires to support commercial lines expansion
Ageas is targeting organic growth in UK commercial lines, with a focus on SME and fleet
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NewsAXA launches new household product for high value homes and contents
AXA Advanced created to plug gap in insurer’s offering to meet needs of brokers’ more affluent clients
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NewsMoneysupermarket insurance revenue rises 12% in first quarter
Boost driven by ‘improvements to customer journey’
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NewsLancashire shareholders baulk at former chief’s retirement package
Nearly 30% of shareholders voted against the insurer’s remuneration report at AGM
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NewsSaga motor unit reports 77.9% COR and 37% profit growth
Company seeing ‘strong demand’ from insurers to join its motor panel
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AgendaThe Knowledge: Supply chains face geopolitical risk
Supply chains are increasingly vulnerable to geopolitical risk, warns the World Economic Forum
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NewsABI vows to crack down on CMCs and cut flood risk
Association unveils its top insurance priorities for the next parliamentary session
