Insurer News – Page 60
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Lloyd’s of London improves COR by nearly eight percentage points in 2023
’We continued to see sustainable, profitable growth and performance,’ says chief financial officer
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Insurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
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Aviva has ‘clear momentum’ following full-year 2023 results – Blanc
‘Nobody in this market can replicate’ Aviva’s operating model, says group chief executive
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Admiral posts COR of 88.7% for 2023
’2023 was a more encouraging year after a difficult 2022 for the industry,’ says UK chief executive
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Aviva ‘unlikely’ to buy more in Lloyd’s market following Probitas deal
Group chief executive confirms that insurer is ‘very keen’ to support newly purchased platform’s ‘growth ambitions’
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Aviva’s UK&I GI business boosts premiums in 2023 despite slight undiscounted COR rise
The COR rise was driven by higher commercial lines costs
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Spring Budget ‘missed opportunity’ by not including action on IPT – Trudgill
’Biba will continue to champion wider issues on behalf of our members as we move further into this election this year,’ says chief executive
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Simply Business expands offering for larger firms
’We are delighted to be able to expand our offering of choice,’ says chief commercial officer
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Allianz Commercial strengthens regional distribution to bolster broker support
’Their expertise will enable us to deliver the best of Allianz to our partner brokers,’ says director of distribution
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The Green Insurer inks partnership with LV= General Insurance
’Expanding our panel of insurers shortly after launch is a major endorsement for The Green Insurer,’ says chief executive
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New parental leave product to ‘level recruitment and talent retention playing field’
’In recent years, there has been a push for companies to offer better parental leave pay,’ says chief executive
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Hiscox UK posts £630m ICWP for 2023
’The UK broker commercial business continued to enjoy excellent retention, illustrating the underlying quality of the business and loyalty of our customers,’ says group chief executive
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RSA launches enhanced A&H product for brokers
’We’re really excited by the positive feedback and the future prospects of our enhanced A&H product,’ says director
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Financial education leaves insurance ’off the table’ – Black Girl Finance
’That insurance conversation gets left behind,’ says founder and chief executive
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Marsh McLennan expands cover of Ukraine shipping insurance facility
’Marsh McLennan is dedicated in our support of Ukraine,’ says chief executive
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Remaining Gap providers told to pause sales of product by FCA
’We are working closely with Gap insurers to resolve issues as quickly as possible,’ says spokesperson
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Catch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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Social mobility key to diversity and inclusion strategies – Caroline Dunn
’Insurance and careers in the city or in financial services were difficult to find out about,’ says chief underwriting officer
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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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Bspoke Group completes personal lines acquisitions
’Our portfolio of niche businesses is well-placed to build their market presence,’ says chief executive