All articles by Matt Scott – Page 5
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Online onlySolvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
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Online onlyAXA reports small improvement in group COR as revenue climbs 5%
UK and Ireland business boasts an uptick in profitability despite worsening current year COR
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Online onlyInvestment returns boost Beazley profits amid rising claims
Insurer’s combined operating ratio rises to 100%, but chief exec Andrew Horton says a mid-90s COR is “realistic” for 2020
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Online onlyMotor market set for challenging future amid high claims inflation – Moody’s
Increasing claims costs and falling premiums will make it hard for motor insurers to find profits
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NewsDirect Line ranks as the best rated insurer says YouGov
However, insurers lag behind other markets when it comes to consumer perceptions
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Online only5G the biggest technological change for insurers – IUA
New technology will create new exposures and risks for insurers to manage
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Online onlyMotor insurers preparing for reinsurance rate hike as Ogden hits hard
Rates for motor excess of loss policies could rise by as much as a fifth at the 1 January renewal date
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NewsAlmost 250 insurers pull out of Irish market in the last six years
And nearly half of those have left in the last two years
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NewsBerlin-based WeFox set to launch app in UK
But uncertainty surrounding Brexit delays parent company’s launch of UK-based insurer
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Online onlyInsurers struggling to prioritise in the hunt for better reserving practices
New research from LCP finds that three quarters of insurers are struggling with prioritisation when it comes to enhancing their reserving process
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Online onlyHome insurers back in underwriting profit after tough 2018
But EY says future market conditions expected to dampen underwriting success going forward
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Online onlyWho’s buying motor add-ons? New research reveals all
New research from Consumer Intelligence reveals which motor add-ons are most valued by consumers, and which consumers are most likely to pay for them
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Online onlyMeet Lauri, Keoghs’ new AI insurance lawyer
The new technology can save insurers tens of thousands of pounds in indemnity spend per claim, and has so far processed 5,000 claims
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Online onlyRevealed: The property types insurers find hardest to price
Research reveals older properties have the biggest range of premiums
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Online onlyMotor insurance most complained about insurance product - FCA
The regulator received nearly 250,000 motor and transport insurance complaints over the first half of the year
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Online onlyWorld Economic Forum: Cyber attacks biggest risk facing European businesses
Asset bubble risks and interstate conflicts round off the top three
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Online onlyClaims Consortium Group seals deal for Stream Claims Services
Chief executive Jeremy Hyams said the acquisition will “create a scalable adjusting service”
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AgendaRevealed: Top 50 brokers cash in on premium finance instalment charges
Brokers in the Top 50 are relying on premium finance instalment fees as a significant contributor to overall income, analysis shows
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Online onlyUK brokers report uptick in profit margins
UK brokers still lagging behind their European counterparts when it comes to profitability
