All articles by Yiannis Kotoulas – Page 4
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News
FCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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IT Interview
Ant Middle: Ageas has planted its flag firmly in personal lines brokered business lines
’We are a business that only succeeds if we can succeed with brokers,’ says Ageas chief executive
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News
Clear Group caps recent flurry of acquisitions with independent broker purchase
The acquired business ‘will play an important part’ in expanding the broker’s footprint in the south west, says group chief executive
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News Analysis
Briefing: FCA comes out swinging for insurance outliers
The regulator has placed Gap insurance firmly in its crosshairs – but that is no let off for the wider sector
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News Analysis
Insurance sector responds as RAAC crisis continues
‘It is really important that schools discuss any construction work with insurers to understand any implications,’ says principal risk management surveyor
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News
Reinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
‘It’s certainly one of those trends that is here to stay,’ says managing director for analytics
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News
General insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re
‘The elevated risk landscape calls for more frequent adjustments to underwriting practices,’ says chief underwriting officer
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News Analysis
Opinion: With great power, comes great responsibility
The insurance sector must accept a responsibility to stay out of political decisions, argues Yiannis Kotoulas
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News Analysis
Briefing: All change at DLG, but can the insurer recapture stability?
Direct Line Group has seen its fair share of headlines of late, but does this mean the insurer is moving forward?
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News
Direct Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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News
Lloyd’s H1 2023 results swing back into profit
’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive
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News
RSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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News Analysis
How are insurers preparing for potential cost shocks of upcoming reinsurance renewals?
With 1 January 2023 renewals representing the most difficult cycle in decades, how are reinsurance buyers feeling about the prospect of yet more difficulty in 2024?
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News Analysis
Briefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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News
Insurance sector currently undergoing a ‘period of realism’ – Aviva’s Winslow
Aviva are ‘not seeing any indicators to suggest that customers are looking to buy less insurance or cover less,’ says UK chief executive
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News
Aviva increases GWP by 12% for H1 2023
Aviva grew UK premiums 11% in commercial lines, which it put down to ’strong rate and new business growth in mid-market and specialty lines’
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News
Allianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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News Analysis
AI can ‘turbocharge’ the UK insurance sector – NTT Data
’AI provides the ability to personalise the insurance jargon and output in a way that the recipient of communications will understand,’ says industry development lead
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News Analysis
Briefing: ‘Above average’ natural catastrophe losses for reinsurers should be a call to action for insurers
A trend of higher than average natural catastrophe losses has continued for the first half of 2023, according to global reinsurers
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News Analysis
Allianz committed to further ‘empowering underwriters’ following eTrading results
’We’ve heavily invested in our pricing,’ says digital trading manager