News
Chancellor and ABI chief issue joint statement on discount rate
ABI and fifteen insurance bosses involved in discussions in Downing Street.
JLT's speciality business sees UK revenue up 5% in 2016
CEO explains that the disposal of Thistle was due to it no longer fitting the broker's strategy.
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.
Revenue up 11% in Moneysupermarket's insurance business for 2016
The aggregator posted £73.5m in profit after tax in 2016, an increase of 16%.
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.
Biba calls for IPT freeze
Broker body says increasing IPT plus the impact of the discount rate change will drive up costs and cause people to reduce insurance protection.
Profits down at JLT in 2016
Group revenue grows by 9% to £1.26bn.
Three arrested in ghost broker raids
City of London Police arrested two men and a woman suspected of acting as unregistered insurance brokers.
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.
#insagepeople: 27 Feb - 5 March 2017
Keep up to date with the latest people moves.
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.
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.
Open GI posts continuing growth for 2016
Profits stable as technology provider ramps up investment.
InsurTech Futures: Brightside partners with digital agency
Broker says aim is to be fully digitised within three years.
Insurer threatens broker Brolly over logo
Brolly is now set to crowdsource a new logo following the dispute.
Quizzical Questions: 24 February 2017
Test your knowledge of the week's news with our topical quiz.