Articles by Emmanuel Kenning
PwC warns of motor rate hikes up to £1,000 after discount rate cut
Specialists note that SMEs will also be hit by increased rates.
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.
Insurers hit as discount rate cut from 2.5% to minus 0.75%
The new rate will be effective 20 March 2017.
Open GI posts continuing growth for 2016
Profits stable as technology provider ramps up investment.
Broking Break - Your Top Five
What insurer bosses had to say about their firm’s 2016 results, changes in technology and the Ogden rate, and a court case make up the top five.
Government to bring in fixed tariffs for whiplash pay-outs
Claims without medical evidence to be banned.
Anthony Jones Insurance Brokers switches from SSP to Applied
Kent-based broker selects TAMCloud.
Moneysupermarket's Bruce Carnegie-Brown to be next chairman of Lloyd’s
New chairman to take the position in June as John Nelson retires.
Allianz returns to sub 100% COR in 2016
Premium at insurer shrinks as profits rise.
Express Gifts to pay back £12.5m for insurance mis-selling
Firm was authorised to sell general insurance products but delivered cover with “little or no value”.
Axa launches commercial mid-market app
New service for eight sectors will include insurance trade news aggregation.
Underlying business healthy at Ageas, says CEO Watson
Insurer boss admits results have been dominated by three exceptional items.
CDL confirms it’s on track to deliver automated solution for FCA prescribed wording
Implementing updates for regulatory changes is a “well-trodden” path says commercial director.
Ageas UK results hammered by Q4 2016 loss
Insurer drops from €29.5m annual profit in UK for 2015 to €56m loss.
AIG suffers $3bn Q4 loss
Commercial insurance COR for last three months of 2016 hits 241.6%.
Willis Towers Watson posts 50% fall in profits
Revenues rise by 5% to $7.9bn as restructuring and integration costs bite.
Broking Break: Your Top Five
Products and changes in capacity arrangements were the favourite stories of the past week while GRP’s biggest ever UK retail broker buy topped the charts.
Five more deals in due diligence post Higos buy, says GRP’s Mike Bruce
CEO for broking states two further “regional hubs” could be confirmed next month.
RSA ends roofers and scaffolders capacity with Pen
Insurer and MGA still working together on other business lines.
PPI complaints account for half of FOS’ workload
The ombudsman opened 36,065 new PPI cases between October and December last year.
Further investment in Risk Solved
Nikki Daniels joins the board of insurtech business.
Editor's letter - February 2017
“Brokers have to give customers what they want and need in the way that they choose to buy”
#insagepeople: 06 - 12 February 2017
Keep up to date with the latest people moves.
Broking Break: Your Top Five
Towergate and Allianz hogged the limelight this week while brokers were also interested in a $200bn insurance stress test.