All Insurance Times articles in On-Line Archive – Page 2262
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NewsFSCS exceeds 2022 board representation target
The FSCS also has 40% of employees that come from ethnically diverse backgrounds in addition to exceeding its gender target
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IT InterviewFSCS hopes to cut insurance levy by working with industry to root out ‘bad actors’
After making three board appointments including former secretary of state, Nicky Morgan. FSCS’s board chairman, Marshall Bailey OBE discusses the firm’s rising levy, how these appointments will bolster its 2020 strategy and the new challenges it faces due to the pandemic
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NewsAviation insurance industry braces for fallout after Branson’s Virgin Atlantic goes bust
Gallagher warns that Covid-19 could ‘act as a catalyst’ for rate increases translating into a harder global insurance market
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NewsTrade union slams Co-op Insurance for 'betrayal' in selling to Markerstudy
The proposed sale of Co-op Insurance is expected to result in 200 job losses
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NewsAllianz Holdings half-year results bolstered by LV=GI
Allianz Insurance saw fall in operating profit during the first half of the year
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NewsFCA Covid test case ‘difficult time for insurers reputationally’ - Allianz chief Jon Dye
Allianz chief exec said he understood why brokers and customers might argue that the business interruption cover is there
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Online onlyBriefing: Covid insured losses compared to several UK mega-claims events
Covid-19 could be the biggest ever UK insured claims event
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Online onlyAllianz talking to brokers more than ever, despite lockdown
Insurer-broker interactions were up 12% during the last four weeks alone, Allianz, chief executive Jon Dye said
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Online onlyPlunging motor claims sees significant improvement in Direct Line loss ratio
The insurer’s attritional loss ratio in motor improved by 17.9 percentage points therefore it has reinstated its dividends that it previously halted in April, however it remains cautious given the uncertainty of the pandemic
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IT InterviewCovid-19 claims inflation expected for 2020 H2, says Hastings’s Worth
The firm’s group chief financial officer explained that increased claims severity seen in H1 could continue due to the national uncertainty surrounding the coronavirus pandemic
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NewsHastings ‘very pleased’ with share capital offer from investors
The deal recognises the ‘inherent value in the company’ adds Hastings’s group chief financial officer
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NewsDirect Line exploring inorganic growth via partnerships and acquisitions
The insurer’s H1 results for 2020 were better than expected as it reinstated its dividends, and now it plans to expand its reach through partnerships and acquisitions
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NewsAviva takes substantial hit from Covid-19 claims
Pandemic-related claims had a significant impact on the insurer’s interim results
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NewsRSA to slash 300 jobs as part of cost-cutting drive
Jobs cuts are part of a range of measures the insurer is proposing to improve efficiency
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Online onlyAmanda Blanc gives view on Aviva break up
Aviva’s new CEO Amanda Blanc reveals her thoughts on the big question over Aviva’s future
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NewsCovid-19 pandemic impacts AXA’s underlying earnings
Despite the Covid-19 pandemic AXA said its “well positioned” as a group and remains resilient in these challenging circumstances
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NewsBlanc says there ‘may be better owners’ for Europe and Asia business amid UK investment
In a briefing call with journalists, Blanc outlined a three-pronged strategy to unlock Aviva’s ‘enormous potential’, including being ‘selective about where we participate’
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NewsAviva plans to have 10% of staff in physical offices come September
The company’s chief executive confirmed to journalists this morning that Aviva is exploring its return to work plan, despite the success of home working
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NewsBennett Christmas buys PI broker
The acquisition is Bennett Christmas’s second since becoming an Ethos partner
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IT InterviewAviva’s H1 personal lines figures are a ‘disappointing result in every respect’ says Holmes
The insurer’s UK general insurance chief executive also admits that Aviva is paying some Covid-related business interruption claims where they fall under broker wordings and coverage is clear
