Insurer
Amanda Blanc “exceptionally pleased” with UK & Ireland performance
The CEO praised the impact of the business' commercial lines division and insisted the "excellent" results had no bearing on McCafferty’s exit.
Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
Axa UK & Ireland COR improves to 96.3% for 2017
Revenues also went up but underlying earnings fell.
RSA UK reports falling profits in 2017
Provider posts underwriting loss of £116m as COR deteriorates to 104.3% due to catastrophe losses.
CEO Watson "encouraged" by Ageas UK 2017 results
Insurer urges government not to delay new Ogden legislation as it moves back into profit.
Biba, ABI and Lloyd’s join InsurTech Board
New group, part of the Fintech Delivery Panel, will focus on needs of InsurTech startups
Cyber hacks reported to FCA by financial firms hit 69 in 2017
FCA figures show that cyber incidents reported by general insurance firms went up from 1 to 11 in just 12 months.
Ageas UK moves back into profit in 2017
COR improves to 103.2% while GWP falls slightly to £1.36bn.
Jon Dye brands 2017 as “landmark” year for Allianz in UK
Ogden change cost reaches £80m at the insurer.
Allianz UK posts improved 2017 operating profit and COR
Revenues at the insurer tick up by 2%.
CBL Insurance Europe ordered to stop writing new business immediately
Brokers and partners told to inform policyholders.
InsurTech Futures: Zurich unveils InsurTech and innovation brand
The Innovation Foundry to focus on partnerships with InsurTech firms and assessing new ideas faster.
Blog: Brokers – get plugged in to electric vehicles
Graeme Hamilton of Jackson Lee Underwriting explores the opportunities for brokers in the electric car and e-bike market.
Broker Expo 2018: Book your place today
Broker Expo is back and it is set to be bigger and better than ever.
Majority of brokers say GDPR will have negative impact
Research by Ecclesiastical also shows lack of knowledge in the broker sector about the incoming legislation.
Saga picks Patrick O’Sullivan as chairman
Andrew Goodsell to step down and retire.
ICO court case against Hiscox collapses
Insurer had been accused of breaching the Data Protection Act 1998 and could have faced an unlimited fine.
Lloyd’s and Kanye West settle £7.4m suit - reports
West originally launched the legal action in August 2017 after, he said, Lloyd’s syndicates failed to pay out for cancelled gigs on his Saint Pablo tour.
European Council approves IDD delays
EU ambassadors confirmed that the council has agreed to delay transposition of the Insurance Distribution Directive.
Allianz moves in further on Euler Hermes
Latest investment takes Allianz's outlay up to €1.5bn.
BBC’s terrorism insurance spend nudges up in 2017
The insurance industry has also grown its focus on terrorism insurance products following recent attacks.
The Blog Spot: Clickbait! From temp to perm
Emmanuel Kenning looks at innovation in the insurance market.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Liberty to launch trade credit e-trade platform
Toredo is targeted at brokers who do trade credit for banks, corporates and commodity traders.