Latest News – Page 2021
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Admiral launches new online quote process
A new quote process designed to increase quote completion rates
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Online onlyOver a quarter of caravans in the UK are uninsured
Research reveals 28% of approximately 2m caravans in the UK have no insurance
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Online onlyUK driving test leaves Britain's young motorists under prepared
RAC calls for urgent reform of driver training and testing
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Hiscox bolsters ransom book
Insurer extends its leading position in the kidnap and ransom business
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Online onlyIndie trial: Former exec chairman gives testimony
Prosecutors argue Independent's board had limited knowledge of reinsurance contracts before publishing annual report
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Online onlyLondon calling
As Canopius becomes the latest takeover target for Bermudans looking to get a foothold in Lloyd's, Emma Jones asks, what's in it for the buyers?
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Swinton bolsters commmercial offering with acquisition
Buys northern England broker Rockford
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UK insurers could face downgrades
New capital modelling tool could play a key role in assessing future capital requirements and improving forecasting, Fitch has said
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Floods spark home insurance rush
Home insurance applications rise 300% in flood-hit areas
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Premiums must fall for young drivers, say MPs
The insurance industry should re-examine high premiums slammed on learner drivers to encourage more young people to take out policies, the report of an influential group of MPs is expected to say this week. The Transport Select Committee’s report on young drivers, published on Thursday, will urge insurers to ...
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NewsCII blasts cost-cutting culture
20% of claims professionals believe industry offers poor claims service, CII research find
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Chief reinsurance advisor grilled
Nathan Skinner reports on the continuing Independent fraud case
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Calls for Lloyd’s to explain start-up strategy
LMA concerned about increasing capacity in softening market
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Stockwatch - Admiral fails to rise after bullish estimates
Motor insurer Admiral failed to be driven higher, despite another broker saying the stock has been oversold and is due for a bounce.Keefe, Bruyette & Woods (KBW) initiated coverage of the shares with an outperform rating and £12 price target in a note entitled “sunshine even in cloudy skies”. In ...
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Lloyd’s firms to cut capacity in 2008 due to soft market
Lloyd’s insurers are set to cut capacity in 2008 in the wake of worsening market conditions, analysts have predicted. Widespread reductions are expected between now and November across all lines of business.This follows announcements by Kiln, Hiscox and Canopius that they intend to cut syndicate capacity for next year.Richard Gradidge, ...
