Insurer News – Page 19
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NewsBrit’s undiscounted COR rises in H1 2025
It came ’against a backdrop of significantly increased major loss activity and more challenging market conditions’, says chief executive
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NewsIPT receipts rose to £8.88bn in last financial year
Over the last five years, IPT receipts have risen by £2.58bn
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NewsAxa to acquire majority stake in €1.2bn Italian MGA with UK operations
’We are confident we can further scale our direct business, expanding our market reach to customer segments that naturally complement those served by our traditional distribution channels,’ says chief executive
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NewsFCA to soon begin recruitment process after Brewis departure as temporary successor named
Brewis is leaving the FCA to take on a new role at KPMG UK
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NewsBrewis to leave FCA for KPMG UK
’Insurance is at the heart of KPMG UK’s business and we are committed to serving our clients with the highest calibre talent,’ says partner
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NewsTwo brokers among five firms to gain CII chartered status in Q2 2025
‘They have set themselves apart from other firms in the eyes of their customers and clients,’ says president
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NewsSabre sees profit growth in H1 2025 as GWP dips
’We have continued to write measured but healthy volumes of business at our target loss ratios through the continued soft part of the market pricing cycle,’ says chief executive
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NewsMarkel agrees to sell reinsurance renewal rights to Nationwide
’With this change, we will sharpen our focus on doing more of what we do best by growing our core specialty insurance business,’ says chief executive
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NewsSabre appoints DLG board member as non-executive director
’His extensive insurance knowledge and experience will add significant value to Sabre,’ says chair
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NewsHydrogen fuel insurance market predicted to reach £2.2bn by 2030
‘As the hydrogen industry scales up, supply chains may come under increasing pressure, with the risk of capacity constraints and delays for replacement parts,’ says head of natural resources
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NewsAllianz UK enters car and home insurance agreement with Sainsbury’s
’I’m excited to bring our insurance expertise to support Sainsbury’s Bank customers with their future insurance needs,’ says managing director
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NewsLand Rover thefts substantially decline as new model becomes the target
’JLR deserve huge credit for security upgrades which are apparently highly effective in deterring the professional criminals who target new cars,’ says technical director of motor
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NewsLondon-based cyber risk management firm raises $4.7m
’We are delighted to back the team as they grow their international footprint and continue to lead innovation in cyber risk management,’ says investment director
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NewsArch Insurance International promotes for new chief information officer
’His strategic mindset is invaluable in fostering an agile and scalable environment to drive our business forward,’ says deputy chief operating officer
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NewsHybrid insurer eyes European MGA market expansion with acquisition
’This first acquisition is an important milestone for the business,’ says chief executive
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NewsAllianz Commercial snaps up RSA leader for MGA-focused position
’Portfolio solutions is an important and fast-growing segment in our business,’ says chief underwriting officer
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NewsTokio Marine International appoints new chief claims officer in latest leadership change
‘I look forward to driving innovation and strengthening its claims capabilities to support our clients and our underwriting teams,’ says appointee
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NewsSouth African insurer to go on UK recruitment drive as Lloyd’s gives green light to syndicate
’We are very excited about our partnership with Lloyd’s and the expansion opportunities into new territories and classes that the new syndicate will offer,’ says chief executive
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NewsBrokers push for greater delegated authority as demand for bespoke and hybrid eTrading grows
’There isn’t any nuance for the wealth of experience and advice that the broker can bring in,’ says managing director
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NewsFCA issues ‘double dipping’ warning to insurance firms amid premium finance probe
’If we see evidence of firms not having an objective and reasonable basis for taking such an approach, we will consider our supervisory approach on a firm by firm basis,’ says regulator
