Insurer
Insurers hit as discount rate cut from 2.5% to minus 0.75%
The new rate will be effective 20 March 2017.
Travelers confirms logo dispute with Brolly
Insurer says it takes its responsibility to protect its brand seriously.
Broking Break - Your Top Five
What insurer bosses had to say about their firm’s 2016 results, changes in technology and the Ogden rate, and a court case make up the top five.
Steve Lewis hails best RSA numbers in a decade
UK CEO says insurer is now focused on organic growth and wants to make broker trade “easy”.
Axa to "invest heavily" in brokers and innovation
Group CEO for UK & Ireland, Amanda Blanc, says insurer sees continued growth in motor and across commercial lines.
Operating profits in UK up to £259m at RSA
COR improved however net written premium fell in the insurer's 2016 results.
Government to bring in fixed tariffs for whiplash pay-outs
Claims without medical evidence to be banned.
Revenue up at Axa UK & Ireland as COR holds steady in 2016
The insurer delivered 8.1% revenue growth with a COR of 97.3%.
ERS reports small profit for 2016
Motor insurer posts COR of 102.3% following adjustments made to meet the expected discount rate cut.
Allianz would "love" to grow motor account, says CEO
End of year results for 2016 delivered a combined operating ratio of of 96.4%.
Discount rate a "pressure cooker waiting to blow" says Willis Towers Watson
If Ogden rate is changed to -0.5% cost of providing car insurance will rise by £700m per year and the one-off reserve charge could hit £4.9bn.
Moneysupermarket's Bruce Carnegie-Brown to be next chairman of Lloyd’s
New chairman to take the position in June as John Nelson retires.
Allianz returns to sub 100% COR in 2016
Premium at insurer shrinks as profits rise.
Allianz posts drop in revenues but rise in profit for 2016
Operating profit in its property and casualty division fell 4.2% for the year.
Axa launches commercial mid-market app
New service for eight sectors will include insurance trade news aggregation.
Junction partners with SunLife
Five-year partnership includes home and motor policies.
Underlying business healthy at Ageas, says CEO Watson
Insurer boss admits results have been dominated by three exceptional items.
Ageas UK results hammered by Q4 2016 loss
Insurer drops from €29.5m annual profit in UK for 2015 to €56m loss.
AIG suffers $3bn Q4 loss
Commercial insurance COR for last three months of 2016 hits 241.6%.
Hiscox launches two new PI products
Policies target the media and creative industries.
A-Plan backer HGCapital set to swoop for KGM Insurance
Two businesses to sit as independent firms in the new ownership structure.
Insurance division unaffected as Co-op Bank puts itself up for sale
The Co-operative Group will continue to own Co-operative insurance.
Profits up for Zurich UK in 2016
Operating profits up to £147m as COR recovers over 12 points to 97.1%.
Broking Break: Your Top Five
Products and changes in capacity arrangements were the favourite stories of the past week while GRP’s biggest ever UK retail broker buy topped the charts.