Latest News – Page 409
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NewsAviva approves €3.2bn sale of its French business
Aviva’s capital and liquidity has been strengthened with an increase in excess capital of around £2.1bn
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NewsInsurer to access UBI market with My Policy investment
Nationally, mileage declined by 63% during 2020’s first lockdown, according to My Policy’s analysis
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NewsData holds a ‘huge opportunity’ for the insurance industry – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Allianz’s Chris Wyard discusses the pros and cons of decision trees
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NewsPremium Credit to offer payment options for supplementary FSCS levy
Insurance firms typically have 30 days to pay up on supplementary levy charges
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NewsSpecialist Risk Group promotes internally for group deputy chief executive role
The business aims to bolster its senior leadership team in preparation for growth
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NewsLMG begins hunt for chief executive as Lebecq departs
The organisation that was created to provide single voice for the London market is looking for a new chief executive
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News AnalysisAllianz Holdings describes communication with brokers as ‘great success over 2020’
Chief executive says virtual methods have allowed the insurer to stay in touch with brokers ‘to a greater extent’
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News AnalysisL&G acquisition offers ‘really good opportunities for future growth’ says LV=GI boss
Plus, the FCA’s proposed changes around pricing will mark ‘a significant change event’ for personal lines insurers says LV=GI chief executive
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NewsABI members predicted to pay £2.5bn for Covid-19 claims incurred in 2020
The ABI’s director general believes the industry needs ‘to learn lessons from this unprecedented event’
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NewsAston Lark reveals two new acquisitions
The two acquisitions bring 30,000 policyholders into the Aston Lark Group and over £50m in annual premiums
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NewsTechnology will continue to drive M&A – Clyde and Co
The law firm says that technology will continue to be a key feature of deals in the coming year
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NewsLV=GI confirms 300 redundancies following staff consultation
The redundancies are part of LV=GI’s broader restructuring plans, which aim to integrate L&G General Insurance into the business
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FeaturesAllianz Insurance exposed to BI claims through broker wordings
Chief executive adds that the insurer has seen 3,000 new business interruption claims following the Supreme Court’s judgment in January
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NewsAllianz Insurance sees 5.6% drop in GWP due to Covid-19 impact
The insurer says the total impact of coronavirus-related business interruption claims is £175m, net of reinsurance
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NewsArch Managing Agency confirms new managing director
The new hire, who has more than 20 years of industry experience, will provide ‘robust management oversight’ says Arch Insurance International chief executive
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NewsMotor insurance premiums predicted to fall by up to 10% in 2021 – PWC
Home insurance premiums are also expected to decrease by 4% to 8%, says the professional services firm
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NewsRock Insurance Group reveals new underwriting agency
The underwriting agency looks forward to building successful broker partnerships
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NewsM&A set to soar in 2021 – Clyde and Co
In the law firm’s report released yesterday, it revealed that dealmakers’ appetites have returned after the hit of the pandemic
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NewsGRP inks deal to buy Marsh’s UK Networks business
On completion of the deal, a single brand proposition will be launched called Hedron
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IT InvestigatesThe Insurance Times 2021 Etrading Survey is now open
The 2021 Insurance Times Etrading Survey is now open to brokers. Etrading has become even more important in the wake of the Covid-19 pandemic, so it’s time to share your views on your etrading experiences over the last 12 months
