Financial / Results – Page 92
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NewsAviva’s motor margins could be ‘significantly higher’ due to coronavirus quarantine says Jefferies
Essential workers will be allowed to commute without paying additional premiums
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Online only‘Unacceptable’ - Tory MP blasts insurers amid no coronavirus payout customer fury
Sir Roger Gale said insurers must pay out in the customer time of need
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NewsLloyd’s boss confident it can weather Covid-19 storm as it returns to profit
Its combined ratio saw an improvement of 2.4 percentage points
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Online onlyInsurers face solvency squeeze as coronavirus wreaks havoc on financial markets
Investment bank Berenberg issues warning as the Covid-19 pandemic continues to spread across the globe
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NewsArdonagh Group reports 66.4% growth in adjusted EBITDA for 2019
Chief executive David Ross described 2019 as ‘a significant point in our history’
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NewsInsured property market loss from Storm Ciara estimated at €1.5bn
Claims data from affected insurers shows that Germany was the country most impacted
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NewsSwiss Re faces $250m loss if Tokyo Olympics cancelled due to Covid-19
The reinsurer has a 15% global market share in event cancellation cover, which could now be claimed for coronavirus-related cancellations
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NewsLV= reports 39% drop in underwriting profit
But broker business grew by 24% in 2019 due to the migration of personal lines from Allianz
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FeaturesHow is coronavirus impacting key business sectors?
Covid-19 is leaving an unstoppable imprint across global businesses – Insurance Times reviews the current lay of the land in the industry sectors most affected
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NewsPharmacy insurer vows to help customers stay open
Pharmacies are one of the few shops left open amid the coronavirus outbreak
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NewsCoronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
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NewsAspen Insurance Holdings exits underperforming UK regional P&C line
Group chief executive describes 2019’s financial results as ‘disappointing’
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AgendaInsuring reputational risk opens opportunities for new business
Protecting brand reputation has become a top priority for insurance businesses
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NewsPen Underwriting and Markel renew equestrian capacity deal
The MGA and insurer first partnered together in 2017
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NewsDirect Line and Aviva halt travel insurance sales
Coronavirus has seen an explosion in demand for travel policies
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FeaturesShining the spotlight on broker ‘secret commissions’
Defined as a ‘species of fraud’, brokers have to come clean about hidden commission transactions in order to avoid legal repercussions
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NewsA-Plan buys Northamptonshire broker
The purchase is part of the broker’s plans to expand acquisitively as well as organically
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NewsBudget 2020: Record flood investment, but no action on IPT
This includes £120m to repair damage caused by last month’s Ciara and Dennis
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NewsCoronavirus: RSA to assess business interruption claims on a case-by-case basis
The firm operates a ‘wider definition’ of specified diseases, so coronavirus impacts may be insured depending on policy wordings and policyholder circumstances
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Online onlyBriefing: Job losses and Willis Re hived off - implications of the Aon merger
Deal was announced today having been mooted last year
