Insurer News – Page 36
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News
Capacity provider announces new senior appointment
Chief executive says the hire will ‘drive’ the business’ ‘growth’ in the UK and Europe
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News
Thousands of Admiral employees to get shares as profit and revenue soars
Chief executive says the insurer was more competitive in H1 2024 due to its ’earlier pricing response to inflation in previous years’
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Aviva spies ‘accretive growth opportunities’ through ‘dual stamp authority’ approach with Probitas
UKGI chief executive says the insurer is ‘more excited’ about its latest purchase now than it was when the acquisition was first announced in March 2024
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MGA opens new London office led by ex-Ardonagh Advisory leader
’The London office will give us better access to the brokers and capacity in the southern geographic,’ says managing director
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Aviva’s Blanc responds to ‘profiteering’ claim after premium rises
Premiums rose off the back of the Covid-19 pandemic and increases continued into this year
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Aviva’s UK&I GI business boosts operating profit as GWP rises
’This is an excellent set of results, with continued double digit growth across both personal and commercial lines,’ says chief executive
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Allianz UK ‘widening distribution footprint’ for smaller brokers
’We are making a lot of investment in the front end of our business,’ says chief executive
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Insurance Times Awards entry deadline extended to 16 August
Market participants can win prizes across 31 categories at December’s luxurious awards evening
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Chubb announces trio of senior promotions
’The strength of Chubb’s finance organisation is evident in the three seasoned executives who are stepping into new roles,’ says chief financial officer
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News Analysis
Insurers see ‘wide variety’ of claims reaching ‘hundreds of thousands of pounds’ linked to UK riots
However, insured losses should prove ’manageable for British insurance companies’ thanks to the Riot Compensation Act 2016, says managing director
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Catch up on insurers’ 2024 half-year financial results
UKGI insurers are releasing their trading updates with details on their half-year financial results for 2024. Here’s Insurance Times’ roundup of all the stories you need to keep abreast of the latest figures…
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London insurers facing large claims bill after Taylor Swift concerts cancelled
Around 195,000 fans were due to attend
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Wiser Academy announces new senior appointment
’I am thrilled to have been appointed at a time when we are aligning our focus towards a period of significant growth,’ says appointee
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Hiscox goes live with AI proposition for brokers
’We can deliver tangible benefits for customers, while freeing up our underwriters from manual tasks,’ says chief executive
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Record £1.4bn in property claims paid out in Q2 2024
’Our latest figures demonstrate the devastating impact that adverse weather can have,’ says policy adviser
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Fantasy Football: Pre-season prophecies and Community Shield build-up
Insurance Times provides some Fantasy Football tips and tricks ahead of next week’s leage kick-off
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The biggest insurance industry deals from this week
Insurance Times rounds up the biggest mergers, acquisitions, sales and capacity deals from 5 to 9 August 2024
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FCA to boost headcount in Leeds
’This further expansion is testament to the success of our Leeds office,’ says chief executive
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Insurance group establishes new broker management team
’We are strengthening our commitment to the broker community,’ says chief operating officer