News Analysis – Page 152
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Online onlyPRA Returns: DLG best performer in personal motor
Motor was once again the worst performing personal business line, with all but two of the insurers falling to an underwriting loss in 2015. On aggregate, the seven insurers studied reported an overall COR of 102.4%, despite reserve releases improving the current year COR by 14 ...
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NewsHow ex-Towergate pricing boss Muzio aims to disrupt insurance
Michael Muzio has a grin on his face between sips of coffee. He’s finally succeeded in jumping through the regulatory hoops, meaning his new business is up and running. Chatting casually in a London cafe, Muzio is now ready to talk about it with Insurance Times. He ...
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NewsJaime Swindle, NIG: ‘Brokers are now setting the e-trading agenda’
Delivering what brokers want has helped NIG retain its place at the top of the Insurance Times e-Trading Broker Insight rankings. E-trade director Jaime Swindle talks about how brokers are now driving e-trading
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NewsHas Allianz killed off the average clause?
Up to 40% of small businesses are underinsured, according to the FCA. Now Allianz says it will remove the average clause from SME policies. Will other insurers follow suit?
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NewsWhitehorn: True innovators look beyond current market
Use customer research to predict future trends, former Virgin Galactic boss Will Whitehorn tells Innovation and Disruption Conference
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NewsAnalysis: MCE’s underwriting division struggles with claims costs
Despite strong sales, motorcycle insurers’ combined operating ratio hit 147.5% to May 2015, and extra cash has been pumped in to strengthen its capital base
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AgendaAnalysis: Consolidators are back – will it be different this time?
The new wave of consolidators is bringing fear of a renewed squeeze on insurers for commissions. But there are signs that the model has changed amid a soft market
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AgendaPRA Returns: Insurers struggle for profit in shrinking market
Only Ageas and AXA reported profitable commercial combined operating ratios, thanks to reserve releases
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Online onlyPRA Returns: Ageas top commercial liability performer
Ageas reported a highly profitable COR of 79.2% for its liability book after reserve releases added 17.1 points. Direct Line Group was the only other insurer analysed to report a 2015 underwriting profit for its commercial liability book with significant reserve releases knocking 46.6 percentage points ...
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NewsWhitepaper: Eight great risk management practices
At a recent forum, FM Global asked nearly 200 of its clients to assemble an essential list of best practices for risk management. After a few days of intense debate, their collective wisdom was boiled down to these eight great risk management practices. This whitepaper ...
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Online onlyMay 2016 issue
Cover story: Commercial lines profitability continues to elude UK’s top insurers
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AgendaAllianz was best performer in commercial motor in 2015
Commercial motor was the most profitable line of business in 2015, with three of the seven insurers reporting an underwriting profit. The best performing insurer of the year was Allianz, with a 93.5% COR after releasing reserves that knocked 3.4 percentage points off its current year ...
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AgendaWho to see and what they’re saying at Biba – part 1
In the run-up to Biba 2016, we look at some of the big names set to make an appearance and their agendas
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NewsWhitepaper: Engaging customers through multiple channels
Customers engage with their vendors through more channels than ever before. This white paper from Kofax customer communications specialist from Lexmark shows how customer preferences for communication channels are rapidly changing — including wide adoption of chat, email and online communities and support forums. This whitepaper is free to download ...
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NewsWhitepaper: Writing the right business at the right price
Being an insurer in the current climate is tough. There’s continuous pressure to win new profitable business, drive down costs, provide great customer service, increase renewal retention and keep one step ahead of the competition. Insurance technology firm SSP looks at how taking an informed approach to business development can ...
