Discount rate
Key moments in 2017: Aviva's Phil Bayles
Aviva's chief distribution officer reviews 2017.
Review of the year: September 2017
A ban for Aviva, ongoing Ogden rate issues, job losses at LV, a potential deal for Henderson and a fraud court case with an ex-RSA employee were all part of an action packed month.
Review of the year: August 2017
Losses at Ageas Retail, Kanye West, bribery offences and the deal between Allianz and LV hit the headlines in August.
Key moments in 2017: Allianz's Sarah Mallaby
Sarah Mallaby, director of broker markets, at Allianz Insurance reviews 2017.
Biba sends warning on Ogden rate decision delays
The warning comes after the Justice Committee said more evidence was needed before the government can make a decision on how the rate should be set.
EY predicts motor profitability for 2018
Changes to the Ogden rate and whiplash reforms are set to contribute to putting motor insurance back into profit.
VisionTrack launches video based telematics camera
Markerstudy-owned business says offering can be white-labelled by brokers.
Car premiums drop in third quarter 2017
Research by the AA shows first decline since Q1 2016.
Broking Break: Your Top 5
Towergate-owner Ardonagh Group’s latest buys get two mentions in this week’s top five while a new winner of the Brokerbility survey, changes in car premium rates and an indepth analysis of consolidation make up the rest of the most read list.
Broking Break: Your Top 5
This week brokers have been keen to hear about takeovers, new launches, the career plans of Martyn Holman and analysis of the ongoing Ogden rate rollercoaster.
News Analysis: Ogden upheaval continues as government unveils fresh proposals
Volatility goes on despite plans to legislate on how rate is calculated
Brightside’s van MGA to be launched next year
Launch delayed due to impact from the Ogden rate change.
Treloar hails "excellent" results for LV in H1 2017
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
Broking Break - Your Top 5
Insurance complaints, Ogden and acquisitions all hit the headlines and made up your top five stories this week.
Industry welcomes Ogden rate reform proposals
Biba calls for speedy implementation of proposals.
Government’s proposed changes could bring Ogden rate up to 0-1%
New framework would see the discount rate reviewed every three years.
Confused.com sees profits halve for start of 2017
Admiral’s price comparison website made a pre-tax profit of £4.5m.
Broking Break: Your Top Five
Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.
Ogden pushes ERS to “disappointing” trading loss of £13m
The COR was reported as 107.6% and GWP also fell as CEO says the results were driven by changes outside of the insurer’s control.
Ageas UK sees “modest deterioration” in commercial business
The insurer is looking to grow the account via brokers and develop schemes.
Profit down but COR improves for Allianz UK
Insurer admits there is “some way to go to fill the financial hole” left by the Ogden rate change.
Blanc hails "strong performance" at Axa UK
Group CEO reports growth in commercial lines and healthcare, while personal lines remains "more difficult".
Axa UK posts 5% revenue growth
COR improves to 97.7%.
RSA UK underwriting profit takes Ogden hit
CEO Steve Lewis says results were also impacted by large claims and a claims inflation in household.