Latest News – Page 484
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NewsAon to buy Willis Towers Watson for $29.9bn
Deal is expected to generate nearly a billion dollars of synergies
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NewsNIG latest insurer to cancel non-essential external visits due to coronavirus exposure risks
Aviva and AXA have already confirmed meeting cancellations as a ‘precautionary measure’
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NewsLloyd’s syndicate partners with cryptocurrency broker to protect online wallets
Insurers TMK and Markel have also backed the new liability policy
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Online onlyAXA, Aviva and Allianz shares dive as coronavirus sparks global stock market panic
Major insurers shares down 7% as markets fall in biggest one day dive in over a decade
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FeaturesGreen parts market gains traction for accident repairs
The use of recycled car parts for repair may be in its infancy, but industry voices predict a boost in business to meet consumer demands
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NewsCoronavirus fears trigger travel insurance sales boom
But a surge in travel policies brings added risks as well as opportunities for insurers
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NewsAviva exits Indonesia joint venture
A statement from the insurer said the transaction will be completed in Q4 this year
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NewsUK insurance deals fall
M&A was the biggest type of deal in the quarter, with 29 deals worth a total of $4.28bn
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NewsEthos buys midlands broker Perry Appleton
The Compass Network member controls £7m of GWP from is Rugby-based office
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NewsAdmiral’s ‘profit over growth’ strategy triumphs in cyclical car insurance market
A return to normal levels of damage inflation suggests better times ahead for some motor insurers
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NewsGRP-backed Sagars nets freight forwarding broker as it consolidates north-west presence
The acquisition is the broking group’s second deal since the Searchlight investment
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NewsAviva reports £133m dip in UK GI operating profit
Global profits have boosted since Maurice Tulloch became chief executive last March, but UK figures fall following the alignment of Aviva’s digital and general insurance divisions
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NewsFlybe set to collapse due to Coronavirus fallout
The airline has been facing ongoing problems for many months, but the Coronavirus outbreak in Europe has seen ticket sales plunge
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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’




























