Insurer News – Page 7
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Thousands of Admiral staff to receive share bonuses worth up to £3,600
’I would like to thank Admiral colleagues for their ongoing commitment,’ says chair
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Apollo appoints Cabinet Office leader as new CIO
The appointee’s ’deep expertise in digital transformation and strategic leadership across the public and private sectors will be a great asset to our team,’ says group chief executive
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Admiral celebrates ‘remarkable’ 2024 with 90% uptick in group profit before tax
The personal lines insurer generated £4.78bn in insurance revenue last year, alongside a 19% growth in UK insurance customers
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Creating positive work environments is ‘a competitive advantage’ – NFU Mutual’s Nick Turner
’We’re going to be at a deficit of around 300,000 highly skilled roles, which is a third of the sector’s workforce,’ says chief executive
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Lloyd’s chair says risks posed by space weather presents ‘significant threat’
’If we are to underwrite the risk, we must understand it,’ says chair
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Home premiums drop for third consecutive month
’The continued decline in home insurance premiums is a welcome relief for policyholders after a period of sustained inflation,’ says product manager
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Aviva hopes to create ‘standout specialty market’ in 2025 using Probitas purchase
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
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New deputy chair appointed at Argenta Syndicate Management
’His appointment reflects our commitment to building a strong leadership team,’ says chief executive
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Axa XL hires new UK head of broker management and alternative distribution
’With his extensive experience in distribution and relationship management, he will play a key role in driving our strategic goals,’ says chief distribution officer
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Hiscox appoints new chief auditor
’I look forward to us benefiting from his contributions,’ says group chief financial officer
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DLG says it ‘cannot be certain about actions of Aviva’ after £3.7bn takeover agreed
DLG says it is ’beyond [directors’] control as to whether Aviva would undertake any restructuring of the group’s legal entities’
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Winslow’s Aviva statement as DLG delivers £395m increase in ongoing operating profit
’The turnround strategy, launched in July, has made a marked difference to the company’s performance,’ says chief executive
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Apollo welcomes new independent non-executive director
’We’re delighted to welcome him and we look forward to benefiting from his wisdom as we continue to build a more resilient and sustainable world,’ says group chief executive
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Aviva responds as Palestine Action target insurer’s Scotland offices
Protesters covered the buildings in blood-red paint
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Markel appoints ex-Axa leader as new head of UK trading
’My focus will be on making the trading journey with Markel as seamless and efficient as possible for UK brokers,’ says appointee
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Palestine Action cover two of Aviva’s Scottish offices in blood-red paint
A video posted on X shows protesters spraying the windows of one of the offices
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Catch up on insurers’ 2024 full-year financial results
Insurance Times rounds up all of the coverage around insurers’ full-year financial results for 2024, published in Q1 2025
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 24 to 28 February 2025
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 24 to 28 February 2025
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The biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 24 to 28 February 2025