Insurer News – Page 85
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Reinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
‘It’s certainly one of those trends that is here to stay,’ says managing director for analytics
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General insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re
‘The elevated risk landscape calls for more frequent adjustments to underwriting practices,’ says chief underwriting officer
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Lloyd’s Lab names cohort 11 insurtechs as it approaches fifth anniversary
The accelerator is ‘continuing to grow the global reach of Lloyd’s Lab’ says senior manager
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Direct Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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Vast majority of motor insureds worried about premium rises – ALA Insurance
’2023 will undoubtedly be tough for consumers and insurers alike,’ says head of UK general insurance
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Lloyd’s H1 2023 results swing back into profit
’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive
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RSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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Lloyd’s Market Association appoints new underwriting director
’Her extensive experience and board-level perspective makes her the ideal person,’ says chief executive officer
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Travel insurance leads personal lines for potential growth
’This growth in annual travel insurance is reflective of a growing confidence and for many, a return to their normal calendar of travel,’ says chief executive officer
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RSA appoints new chief underwriting officer for commercial lines
’We have a very strong commercial lines business that’s performing well and which we have ambitious plans for,’ says chief underwriting officer
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Motor insurance payouts surge faster than premiums in Q2 – ABI
’Motor insurers continue to deliver when motorists and personal injury claimants need them the most,’ says manager general insurance
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Ex-Allianz boss named as Dual UK chief executive
’We now have the opportunity to build regionally across the UK, by attracting the very best talent to ensure we are delivering the quality underwriting results we are known for,’ says Howden Group chief executive
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Aviva announces duo of distribution leadership appointments
’I’m confident that we have the right ingredients to continue to grow and succeed in commercial lines,’ says managing director
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Growing demand for risk guidance from education clients presents opportunity for brokers
’Brokers play an important role in helping education clients understand the risks they are facing,’ says customer segment director
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Zurich expands graduate scheme with ‘green’ placements
’A number of our UK executive committee members started on the scheme, including our UK chief executive officer Tim Bailey,’ says talent acquisition manager
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Industry issued customer service warning as market remains ‘competitive’
’Customer experience is a key differentiator,’ says senior manager
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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Students to be offered discount on travel insurance as new deal signed
’Every student should have the opportunity to explore the world without compromising their financial stability,’ says general manager
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AA pips Aviva to become fastest growing car insurance brand
It comes after the firm grew its motor policy book by 4%
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Bikmo expands UK footprint with customer acquisition
’We’ve put in steps to make the renewal process seamless,’ says chief executive