Financial Ratings – Page 20
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Online onlyAXA UK personal lines fastest growing in the world amid rate rises
AXA was buoyed by a 2.4% rise in rates across personal lines last year - and is expecting the market to harden further
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NewsInsurance data standards body forms London Market advisory board
The board has been set up to help industry gain maximum value from data exchange
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Online onlyAXA reports small improvement in group COR as revenue climbs 5%
UK and Ireland business boasts an uptick in profitability despite worsening current year COR
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NewsAXA XL hires new boss as it reports difficult 2019
The specialty division of the French (re)insurer saw rising claims last year
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NewsAgeas brings its home book back into profitability
The insurer cites a pricing and underwriting revamp as one of the main causes for the turnaround
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NewsWelsh rugby club seeks donations as insurance won’t pay out for flood damage
Storm Dennis-related flooding devastated the grounds and facilities at Bedwas RFC
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News AnalysisIndustry warns on the unforeseen consequences of the FCA’s pricing remedies
The regulator’s proposals to end unfair pricing practices have raised serious concerns in some quarters
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Online onlyInperio and Accredited team up for new freelance solicitors PI cover
The new product is the first of its kind for the UK market
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NewsTowergate offers advice on tackling Dennis menace
The UK is already recovering from the aftermath of Storm Ciara
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NewsBrit makes strong comeback after challenging years
It follows two very challenging years for both Brit and the wider market
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NewsZurich UK’s GWP for general insurance rises by 4% to just under £2.5bn
The insurer also confirmed its focus on escape of water and fire risks for 2020
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NewsMarine rates looking up, but sector still under pressure
The impact of years of low marine rates and losses has come at a long-term cost
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IT EventsEngaging with tech savvy millennials is vital to combat HNW underinsurance
The customer experience needs to centre around a digital delivery and offering online modelling tools
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NewsBrokers facing five key challenges this year says CI’s Ian Hughes
Brokers face a tough year, but with the right strategies can triumph, Hughes suggests
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NewsDARAG buys UK insurer in run-off
The legacy acquirer hopes to use the purchase to buy more UK businesses
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IT EventsHigh net worth market hardening by 8-10% says Lumley Insurance
The firm’s chairman and managing director identifies the latest high net worth trends at BrokerFest 2020
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NewsClear Group buys rights of light broker
Private equity backed broker makes its first acquisition of 2020
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NewsInsurers pledge to help their Staveley Head clients
The broker had agency with several blue chip insurers
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NewsAdmiral set to report another profitable year, but spectre of rising claims costs looms
The insurer expects to post bigger profits in its 2019 figures, but issues warning on claims inflation
