Financial – Page 4
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NewsLloyd’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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NewsAviva 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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NewsAdmiral 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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NewsAviva’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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NewsSimply 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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News AnalysisBrokers reveal concerns about capacity for ‘under pressure’ MGAs
One broker highlights fears that MGAs may be looking ’to all sorts of weird and awful sources of capacity’
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NewsHiscox 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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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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IT InterviewClarissa Franks: ‘Growth is the mission’ for Lockton UK
The independent broker is focused on strong organic growth and gathering ‘superstar’ talent, says head of UK retail
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NewsLemonade’s UK arm drives European growth
’Our European business made solid strides in 2023,’ says letter
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NewsCatch up on insurers’ 2023 full-year financial results
As the financial year comes to a close, Insurance Times rounds up how insurers fared financially in 2023
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NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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Sponsored ContentVideo: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 3 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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NewsAllianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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NewsAon’s £10.6bn acquisition of NFP passes key US test
’The transaction is expected to close in mid-2024,’ says broker
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NewsZurich UK reports 9% growth in P&C arm during 2023
The growth came as the insurer continued its focus on broker and customer propositions
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NewsAxa reports €19.3bn P&C gross written premium in Europe for 2023
Chief executive explains that ‘the role of the insurer has completely changed’
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Sponsored ContentVideo: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 2 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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NewsConcirrus moves into profitability after 204.6% revenue boost
’Having bought out our venture investors in early 2023, financial stability became a priority,’ says chief executive
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NewsQ&A: Aviva looking to ‘raise the game’ with its eTrading platform
Kat Halbert, head of digital operations at Aviva, discusses the insurer’s plans for developing its eTrading platform in 2024
