Latest News – Page 415
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NewsAdmiral chief exec and co-founder David Stevens to step down
Insurer has already named Stevens’ successor
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NewsAdmiral profits soar amid ‘unusually’ high reserve releases
Insurer also said its focus on profit over growth has paid dividends
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NewsCoronavirus: will ‘notifiable disease’ status be a game-changer for insurance?
Being a notifiable disease means cases have to be reported to the relevant authorities by law
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NewsBravo Group's Saffron Insurance buys Romford-based broker
The transaction is the firm’s seventh acquisition since becoming an Ethos Broking partner
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NewsAviva cuts staff meetings in bid to avoid Coronavirus spread
A source told Insurance Times that all non-essential external meetings for Aviva staff have been cancelled
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NewsKPMG says increase in 10-year government bond yields is ‘music to insurers’ ears’
The firm’s economics team estimates a 1.9% uptick by the end of 2024
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NewsA quarter of SMEs think cyber insurance is not fit for purpose
CFC Underwriting says the industry ‘must do better at articulating the value of this cover’
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Online onlyInsurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says
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Online onlyCall centres closed, disaster planning - Coronavirus warning of huge claims disruption
360Globalnet boss says back up planning and flexible IT is needed
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NewsSam White’s Freedom Services Group buys Homelyfe
The purchase signals White’s move into the home insurance sector
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NewsDirect Line shares buoyed as insurer outperforms expectations
Results fell within or below the guidance range in most areas
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NewsUK’s short-term political risk score improves drastically as a result of December election
Marsh JLT Specialty defines Britain’s short-term political risk score as ‘stable’
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NewsGRP-owned Green Insurance Group makes first acquisition of 2020
The GRP hub continues its successful acquisition trail from last year
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NewsDirect Line reports fall in underwriting profit
A reduction in reserve releases and a challenging first half of the year hits the business
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NewsCII launches new chartered status for MGAs
Manchester Underwriting Management, Geo Underwriting and Xbridge, trading as Simply Business, are the first three MGAs to qualify for chartered status
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Online onlySolvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
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NewsArdonagh Group buys specialist agricultural underwriter
The transaction marks Ardonagh’s second acquisition for 2020 so far
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NewsSutton Winson aims to expand health offering with broker purchase
The broker is planning to grow through organic growth and cross-selling products
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