Financial / Results – Page 3
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NewsGlobal investors still back the City – UK leads Europe in financial services investment
‘The strength and depth of the UK’s financial services sector continues to capture global investor confidence – particularly as they navigate challenging market conditions,’ says managing partner
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NewsInsurers should consider Bitcoin’s role in investment portfolios – Cartwright
’Although Bitcoin may still feel unconventional to some, its characteristics as a finite, decentralised, high liquid asset with low correlation to traditional markets make it increasingly difficult to disregard,’ says head of corporate treasury
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NewsBiba 2025: Sompo aims to double underwriting headcount in regional presence push
’We’re here for the long term and we’re here to grow – and we’re here to make a difference,’ says head
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NewsMGA secures long-term capacity from Axa for property scheme
’Securing capacity from Axa is a significant endorsement of the strength of our proposition,’ says managing director
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NewsAxa UK expands personal lines presence as new partnership launched
’This is just the beginning and I look forward to exploring the opportunities this partnership will bring,’ says chief executive
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NewsAllianz to underwrite motor LEI products for new partner
‘We believe the Allianz passion for good customer service reflects our own ethos and look forward to progressing our partnership,’ says managing director
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NewsBeazley grows IWP by 2% in Q1 2025
’Markets softened in the first three months of the year and we maintained our focus on strong underwriting discipline whilst navigating those conditions,’ says chief executive
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NewsBroker established in 1887 transitions to employee ownership trust
’Becoming an EOT allows us to preserve our independence while ensuring our dedicated colleagues have a direct stake in future success,’ says managing director
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NewsCost of extreme weather and natural disasters around £1.55tn in last decade
‘Addressing the escalating costs of extreme weather and natural catastrophes requires collective and immediate action,’ says chief executive
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NewsUKGI industry to reach £113bn by 2029, forecast says
’The sector anticipates steady growth but must adapt to emerging risks and consumer demands,’ says senior analyst
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NewsGlobal commercial insurance rates fall for third consecutive quarter – Marsh
‘We expect the overall trend to continue and for insurer competition to intensify, barring unforeseen changes in conditions,’ says global placement president
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NewsInsurance premium tax windfall sets record high for Treasury
‘The full-year IPT receipts to March 2025 indicate another significant increase for the chancellor,’ says senior actuarial director
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News AnalysisBriefing: Is Lloyd’s ‘undervalued’ as an investment opportunity?
Research indicates that investment capital could be well homed within Lloyd’s and the London market – could syndicates snap up M&A spend?
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NewsFY 2024 financials prove Covéa ‘made the right decision’ with strategy focuses – Georges de Macedo
Although chief executive ‘will not say that our profit is exceptional in absolute terms’ for last year, the insurer’s journey into profitability demonstrates that five pillar strategy is yielding results
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News AnalysisWhat are brokers most concerned about in 2025?
Key issues on brokers’ minds this year include price rises and the political climate, according to exclusive research from Insurance Times
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NewsPet insurance premiums continue to rise
‘This month’s figures highlight the nuanced nature of pet insurance pricing,’ says product manager
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NewsAllianz UK focuses on ‘balance between volume and margin’ to weather cyclical market storm
Inflation and the transition from a hard to soft market in UKGI has impacted insurers’ full-year 2024 results – but insurer chief executive emphasises the importance of disciplined underwriting in managing market cycles
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NewsLloyd’s broker inks deal to launch new motor trade platform
’This platform reflects our continued investment in digital innovation and broker experience,’ says chief executive
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NewsCovéa swings back to profit but GWP drops
These results come in the middle of the insurer executing its three-year strategic plan
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NewsAddept enters LEI market as capacity deal announced
’It is a market that has experienced challenges, ranging from a lack of customer understanding around the product, to the regulator’s focus on fair value and low levels of utilisation,’ says managing director
