All articles by Yiannis Kotoulas – Page 28
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NewsCredit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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NewsChanging ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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NewsJensten Group enacts ‘transformation programme’ in preparation for further growth
By streamlining the organisation, newly acquired businesses can be ’neatly dropped’ into the group, says chief executive
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NewsBLM agrees merger with Clyde and Co
The two insurance focused law firms have voted to combine and create ‘the leading law firm for the insurance sector’
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NewsCircular supply chains will create ‘new risks’
These new risks present an opportunity for the insurance sector, however
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NewsEx-Pool Re boss joins Guy Carpenter
He will join the reinsurance broker in a newly created role
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NewsReich Insurance named in Parliament as MPs call for FCA regulation on commission fees
It follows the broker being hit with a forced commission disclosure order
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NewsMercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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NewsSaga’s retail broking arm reports 3% GWP dip for 2021
Chief executive says Saga’s insurance business delivered a ‘robust performance’ in the last year
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NewsThe Ardonagh Group reports adjusted ebitda growth of 42.4% for 2021
The broker’s income also reached £945.8m last year
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NewsSabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range
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NewsTowergate names new chief executive
The new c-suite member will bring 18 years of independent broking experience to the role
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AnalysisInsurance sector rallies around Ukraine
Insurance Times rounds up how the UK insurance industry has responded so far to the ongoing conflict
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NewsZurich appoints new head of SME
The insurer hopes the new hire will drive continued growth in its retail business
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NewsGovernment moves closer to axing controversial Vnuk law
The European ruling could have created extra costs of £2bn a year for the insurance sector
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News‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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NewsEcclesiastical reports pre-tax profit despite slight COR increase
Despite the UK ’still living with Covid-19’, the insurer believes it has had ’an outstanding year’ in 2021
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NewsSwiss Re debuts ‘enhanced’ oil and gas policy
The reinsurer has sent a ‘strong message’ to fossil fuel companies and governments with its new commitments
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NewsRSA updates trans-inclusive policy for UK employees
The policy has been crafted in collaboration with a recently transitioned member of staff
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NewsTribunal hits Reich Insurance with forced commission disclosure order
The order follows FCA warnings on the need for ‘fairness and transparency’ around broker fees and commissions
