Insurer
The FCA spent over £400,000 on AR thematic review
Review which found "significant shortcomings" cost the regulator £417,669.
Ryan Direct Group silent on JC Flowers rumours
Firm declines to comment on rumours of deal with the buyer of UK General.
Editor’s letter - March 2017
“For brokers… conversations with clients, who will see bills rising, are going to get even more complicated”
UK General sold to JC Flowers
The deal does not affect other parts of Primary Group such as One Commercial, Rural Insurance or Lorica.
Video: Succession planning (5) – market dynamics
The opportunities for buyers in the regional market.
Ageas to make 77 roles redundant
A formal 30-day consultation period begins today and the final decision will be announced by the middle of April, Ageas' boss said.
Video: Succession planning (4) – the range of funding options
The different sources of funding for MBOs or selling up and leaving the business come under the microscope.
Operating profit down 5.2% down at Gocompare for 2016
The comparision site saw revenue up by 20% to £142.1m (2015: £119m).
Profits and GWP up at Hastings in 2016
Company allows £20m impact of discount rate change.
The Chartered Body Alliance launches
The CII teams up with other professional bodies to promote professionalism in financial services.
Video: Succession planning (3) – criteria for success
Aviva’s Phil Bayles on being about clear about the goals when undertaking succession planning.
Chancellor and ABI chief issue joint statement on discount rate
ABI and fifteen insurance bosses involved in discussions in Downing Street.
News analysis: Lloyd’s booze ban splits opinion
The market reacts to prohibition on daytime drinking
Insurers descend on Chancellor to fight discount rate cut
The market has warned that the “crazy” change could see some motor premiums rise by £1,000.
Video: Succession planning (2) – people
Having taken an overview of the market Aviva’s Phil Bayles looks in detail at how to prepare succession plans that meet the needs of staff and customers.
Allianz refreshes D&O cover
Updated policies include kidnap and ransom cover and data protection officers.
QBE's retail business performed well, says Pryce
QBE Europe chief also said he welcomes a review of the discount rate as quickly as possible.
RSA warns SMEs facing new risks
Brokers must be aware of changing risk landscape according to SME and insurance experts.
Hiscox achieves strong growth in SME, says Langan
MD of Hiscox UK says provider sees opportunities to grow its UK broker book.
GWP down 7% to $4.1bn at QBE Europe in 2016
COR worsened to 93.6% in the insurer's results.
Video: Succession planning (1) - the latest wave of consolidation
Phil Bayles, chief distribution officer, intermediaries at Aviva joins Insurance Age editor Emmanuel Kenning in the studio.
Hiscox UK and Ireland GWP up 12.5% in 2016
Profits for UK and Europe doubled in the past 12 months.
PwC warns of motor rate hikes up to £1,000 after discount rate cut
Specialists note that SMEs will also be hit by increased rates.
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.