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Results
News
Lloyd’s reports ‘best interim result since 2007’ for 2024’s H1 with COR of 83.7%
Chief executive attributes balance sheet growth to ‘disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet’
News
IS2 reports 40% revenue growth in six months to June 2024
’The last 18 months have exceeded all expectations,’ says managing director
News
Hiscox’s London market arm targets ‘underwriting discipline’ to ‘grow profitably’ amid ‘microcycles’
Insurer’s chief underwriting officer expects second half growth for this area of the business after experiencing insurance contract written premium dip in 2024’s H1
News
Ageas UK posts 49% growth for H1 2024 as parent announces shareholder dividend
’We will be distributing an interim gross cash dividend of £1.26 (€1.50) to our shareholders,’ says Ageas chief executive
News
Aviva will ‘focus on long-term, consistent, stable pricing’ rather than ‘chase short-term blips’
Despite acknowledging that home insurance needs ‘more rate’, insurer’s UKGI boss plans to ‘maintain pricing discipline’ and avoid reacting to ‘short-term choppiness’ in rate movements
News
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…
IT Interview
Jo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
News
Allianz UK reports discounted COR of 94.6% for 2024’s H1
Amid year-on-year operating profit growth of 55%, chief executive promises ‘much more is yet to come’ from the insurer
News
Allianz SE expands share buy-back volume to €1.5bn for 2024
So far in 2024, the insurer has bought 3,791,467 shares through share buy-back schemes
News
Wrisk reports 219% year-on-year growth in H1 2024
’Our figures for 2024 are testament to our ethos of continuous improvement,’ says chief executive
IT Interview
Geoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
IT Interview
Tom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
News
Sabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
News
Gallagher UK and Ireland posts 6% organic growth for Q1 2024
’The teams in specialty all have good momentum, with strong retention and an encouraging pipeline of new business especially in marine and energy,’ says UK chief executive
News
Insurance Times Tech and Innovation Awards now open for entry!
The winners will be revealed at an awards ceremony at the Royal Lancaster London hotel
News
Lloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
News
Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
News
Clear Group improves ebitda by 33.4% in year to October 2023
Group chief executive says the intermediary is ‘well placed for its next phase of growth’
News
Canopius Group sees profit surge during 2023
’Decisive actions have been taken to accelerate delivery in the last few years,’ says chief executive
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