All articles by Katie Scott – Page 28
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NewsInsurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
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News AnalysisFCA’s latest business plan presents ‘quite a warning for the industry’
New chief exec Nikhil Rathi has this month published his first business plan for the regulator – Insurance Times finds out what it really means for the industry
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NewsBeazley bolsters GWP by 22% in first half of 2021
Chief exec is ‘excited about the growth opportunities ahead’ as profit before tax improves from 2020’s loss position
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FeaturesBriefing: Covid costs now hitting reinsurance bottom line
Covid-19, Solvency II and ESG factors will all be influencing global multiline insurers’ balance sheets, says S&P Global Ratings
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NewsHiscox’s Masojada to retire this year as ‘time is right to hand over to new leadership’
The current group chief executive will be succeeded by the insurer’s chief financial officer
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NewsGRP agrees to buy WTW’s Northern Ireland commercial risk and broking business
GRP’s group chief executive called the deal ‘a coup’ that will provide a ‘leading position in Northern Ireland broking’
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NewsAllianz’s Jon Dye ‘keeping an open mind’ on future career plans
Dye is set to leave Allianz in November after an 18-year tenure
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FeaturesBriefing: Aon-WTW merger still hitting snags amid broader consolidation landscape
Aon still has its work cut out for it if it wants to complete its purchase of Willis Towers Watson and mitigate market competition worries – however, will competition concerns increase across the piece as a result of the recent consolidation uptick?
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NewsFCA commits to being ‘tough, assertive’ and a ‘proactive regulator’ in its latest business plan
Chief executive vows the regulator will be ‘fit for purpose’, highlighting priorities such as consumer duty proposals and tackling fraud, as well as supporting net zero targets and D&I
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NewsAllianz Holdings restructures to form distinct commercial and personal lines divisions
Chief executive says the changes are ‘the next step along the road’ following the insurer’s acquisitions of LV= and Legal and General
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IT InterviewBob Peterson: Still ‘headroom’ for pricing increases due to market ‘peaks and troughs’
Lonmar’s executive director of London market risk encourages Lloyd’s underwriters to return to the capital if they wish to retain the market’s ‘market leading, global position’
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NewsInsurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
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NewsLloyd’s hires Legal and General chief operating officer for newly created role
The new hire has 20 years of experience in the insurance and finance sector
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NewsNew Zealand’s antitrust watchdog considers Aon’s proposed divestments ahead of WTW merger
The Commerce Commission is set to deliver its decision on 20 August as to whether it will approve the acquisition
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IT InterviewLonmar prepares to provide a ‘more comprehensive service’ following Marsh’s UK Networks merger
Thanks to complementing skill sets, the London market broker plans to offer ‘one-stop-shopping’ for regional broker clients, says chief executive
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NewsEuropean Commission approves Aon-WTW merger subject to divestments
The European body agrees to Aon’s proposals to sell off businesses to Gallagher in order for WTW merger to go ahead
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IT InterviewGeneral insurance ‘isn’t a static industry’ – Aviva’s Winslow
The insurer’s new chief executive of UKGI shares the latest trends that he is keeping an eye on and explains why the industry has ‘to be very forward thinking and future focused’
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NewsFCA issues £90m fine to LBGI for misleading home insurance communications to customers
Home insurance customers were told they were receiving a ‘competitive price’ or ‘discount’ for loyalty at renewal, however this language was not substantiated
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FeaturesBriefing: Insurance bosses must speak out about office return
As Boris Johnson announces the lifting of the UK’s lockdown regime, managing the juxtaposition of home versus office working in line with employee expectations is an imperative for insurance leaders
