All EY articles
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NewsMotor insurers record major losses in 2023 – but profitability expected to return
’High inflation and rising costs have resulted in an extremely difficult couple of years for the UK motor insurance sector,’ says UK insurance partner
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NewsUK insurance M&A deal value sees ‘significant’ drop in 2023
The year was ‘characterised by a challenging economic climate and investor caution following the banking crisis in March’, says expert
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NewsInsurers warned of ‘subdued’ demand for home and motor policies
’It is essential that firms keep a careful eye on balance sheets,’ says UK insurance leader
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NewsTapoly set to ‘propel’ business growth after being selected for fintech growth programme
’At Tapoly, our commitment to revolutionising insurance aligns perfectly with this initiative,’ says chief executive
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NewsMotor insurance payouts surge faster than premiums in Q2 – ABI
’Motor insurers continue to deliver when motorists and personal injury claimants need them the most,’ says manager general insurance
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NewsInvestors remain cautious despite rise in M&A deals in 2023 – EY
’Economic headwinds at the start of the year caused many lenders to pull back from financing large deals,’ says leader
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NewsEY appoints new EMEIA insurance leader
The appointee has ‘deep sector knowledge and clear leadership qualities,’ says financial services leader
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NewsWarning issued to UK motor insurers following ‘undeniably difficult year’
The need for motor insurers to rebalance its books will have a significant impact on consumers, says head of UK general insurance
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NewsGreen shoots of insurance growth will take time to bloom – EY
“Insurance demand is among the first to be impacted” by rising cost of living, says UK insurance lead
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News AnalysisIsabelle Santenac: Insurance sector must throw its weight behind the green energy transition
However, the industry cannot abdicate its responsibility to protect the world’s current energy supply, says global insurance leader
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NewsMotor insurance premiums set to rise 2% this year ahead of 18% uptick in 2023 – EY
Professional services firm predicts that the UK motor sector’s net combined ratio will be loss-making in 2022 and 2023 and that the ‘environment will be tough’
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NewsInsurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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NewsHome and motor insurance markets predicted to be loss-making in 2022 – EY
The professional services firm also believes insurers will need to increasingly focus on environmental, social and governance factors
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NewsUK motor insurers expected to make losses in 2021 and 2022
Premiums are set to drop by 6% this year due to changes in car usage and the whiplash reforms
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NewsGeneral insurance market faces ‘fundamental changes’ – EY’s Tony Sault
Tony Sault, EY’s head of general insurance, tells Insurance Times what challenges the insurance industry might face over the next few years following the fallout from the pandemic, the Supreme Court business interruption case and the FCA’s pricing review
