Financial – Page 10
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NewsSabre grows motor business despite battling ‘very high inflation’
’We have been able to increase prices at a level to cover high on-going inflation,’ says chief executive
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NewsCyber insurance represents ‘small proportion’ of potential economic losses from major attack
A risk scenario published by Lloyd’s of London shows such an attack could result in potential global economic losses of $3.5tr (£2.8tr)
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NewsConsumers not engaging with insurers before cutting back on cover
“It is troubling that, instead of reaching out to trusted providers, many people are turning instead to what is often unregulated financial and investment advice,’ says chief insights officer
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NewsAverage price of motor premiums rise at record pace in Q3 2023
’Motorists of all ages have seen new business quotes soar,’ says insight manager
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News AnalysisOpinion: Can you afford to not compete?
Acting editor Yiannis Kotoulas discusses the increased attention on competitiveness within the insurance industry
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NewsOpen GI partners with Ark to expand commercial offering
Head of distribution says move allows for trading ’with an even broader spectrum of high-quality brokers’
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NewsAviva among insurers exploring bids for RSA’s UK PL business
It came after RSA owner Intact said it was exploring strategic options for the PL arm
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NewsAA boosts insurance revenue amid ‘strong price inflation’
’Our insurance business has increased prices in line with this, growing profit at the same time,’ says group
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NewsHome and motor insurance premiums surge at ‘unprecedented’ rate
’Significant price drops may not materialise until insurers feel more at ease in the changed environment,’ says director
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NewsPartners& boosts revenue by 54% following UK expansion
’We have made impressive progress in our plan to create the leading advisory business in the sector,’ says chief executive
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NewsAllianz Commercial partners with MGA over aviation war facility
’It demonstrates Allianz Commercial’s commitment to aviation as a strategic area of our business,’ says head of aviation
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NewsDirect Commercial launches first product on Open GI platform
’Brokers value speed of trading and simplicity of service and we continue to meet that need,’ says head of schemes
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News AnalysisBriefing: Where next for personal lines?
It remains to be seen how long it will take for the sun to rise on personal lines insurers once again
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NewsTop 50 Insurers 2023 digital edition now live
The final ranking of the UK’s top general insurers has now arrived for 2023 – but where has your firm placed?
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News AnalysisBriefing: Upcoming industry ‘stress test’ should pose no problems for UK insurers
The general insurance industry should pass the regulator’s test with flying colours, says acting editor
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News AnalysisTechTalk: Lack of VC funding for BAME-led insurtechs deemed ‘unacceptable failure’
Funding for ethnic minority insurtech founders has come under the spotlight as Black History Month gets underway this October
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NewsSeventeen Group sees 19% rise in income after acquisition spree
’Further acquisitions are expected to complete in the coming months,’ says chief executive
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NewsJohn Lewis pauses offering EV cover after underwriter decision
’Our underwriter has temporarily paused offering new policies and renewals,’ says lending arm
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NewsPolo assumes management of specialist medical professional lines syndicate
’This transaction demonstrates our commitment to policyholders and brokers for the long-term,’ says chief executive
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NewsRipe secures 17% revenue growth in 2022
’This year, we’re continuing to prioritise innovation and strategic growth,’ says chief financial officer
