Results – Page 17
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NewsPrivate equity firm and Singapore wealth fund to buy WTW’s Miller
The deal marks the first step in Cinven’s new financial services-focused strategy
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NewsOne in five cancel insurance amid financial pressure of pandemic – Premium Credit
Rising premiums have seen more customers turn to premium finance
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Online onlyInsurance shares soar on vaccine hopes
Several insurance stocks saw sharp rises today, including Aviva and Direct Line
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Online onlyAllianz Insurance sees year-to-date GWP decline as Covid bites
LV= however saw more positive results
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Online onlyToo good to turn down? RSA told latest offer better than Zurich’s 2015 bid
RSA is being offered ‘more than fair value’ with latest bid offer
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NewsAverage motor claim cost in Ireland rose 4% between 2018 and 2019
Compensation for litigated settlements in Ireland averaged €46,214 between 2015 and 2019, with legal fees coming to €23,409 for these cases
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NewsCoventry-based broker closed by FCA
The regulator ordered the firm to cease carrying out regulated activities under a client money order
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NewsRSA mulls multibillion pound consortium bid
The British insurer has been seen as an attractive acquisition target for some time
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Online onlyGRP’s Yorkshire hub snaps up regional broker
Marshall Wooldridge announces its second deal in a matter of days
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NewsBrokers define hard market and struggling economy as their biggest concerns
Research by Aviva also signposts Brexit as the potential cause of an economic decline
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NewsBrightside sees EBITDA improvements in broking business
Placing IQED into run-off has impacted 2019’s financial figures, but the business’s broking activity is showing positive growth
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NewsBrightside puts MGA business Kitsune into run-off
MGA was unable to deliver the same level of returns that the core broking business did, Brightside chief executive tells Insurance Times
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NewsAXA reports €38bn revenue for P&C in last nine months
Both commercial and personal line results fluctuated due to the ongoing Covid-19 pandemic
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NewsFCA business interruption test case appeal date set by Supreme Court
Six insurers, the FCA and the Hiscox Action Group are appealing some parts of September’s High Court ruling
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NewsSainsbury’s mulls insurance exit
The grocer has reportedly been looking to sell its banking arm, which includes a range of insurance products
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NewsRate rises fuel premium income growth for Hiscox
The insurer also saw no further rises in its Covid-19 claims estimate
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News51% of SMEs cut back on business insurance policies amid pandemic – Premium Credit
Underinsurance is a major problem, with many cash strapped SMEs cutting back under the financial strain of the coronavirus-influenced recession
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NewsFCA issues public censure over Aviva’s preference share miscommunication
The insurer acknowledges that the event was a ‘disappointing episode’, but that ‘lessons have been learned’
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NewsNew sales surge 150% for Bought by Many amid Covid-19 pandemic
The insurtech will change its name for its Sweden territory only
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Online onlyFinancial advisor PI premiums skyrocket over past three years
Smaller firms hit hardest by rapidly rising PI rates
