Insurer
UK insurance industry paid out £55bn in 2017
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
Unrated Danish insurer Qudos declared bankrupt
FSCS vows to work with liquidator and Danish authorities.
RSA Insurance Ireland fined €3.5m
The Central Bank of Ireland imposes the fine for regulatory breaches relating to large loss claims and accounting irregularities.
Key moments in 2018 with Ian Donaldson and Mike Crane
Scrutiny of unrated insurers and the #insuretrek18 were highlighted as the best things to happen in insurance this year. But who said what?
Gibraltar-based Horizon Insurance declared in default by FSCS
Company closed to new business at the end of 2016 but 1,700 UK customers may still be affected.
SSP bosses hail positive transitional year as firm invests for growth
Software house boosts R&D investment by 10% in 2018.
Blog: Why trade credit cover is more vital than ever
Tanya Giles, of insurer Atradius, explains why the cover is growing in importance as uncertainty over Brexit dominates.
SSP posts loss for 2018 after £25m goodwill write down
Ebitda and revenue fall in the 12 months.
Insurers celebrate at Civil Liability Bill gaining Royal Assent
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
Direct Line planning £400m offer for L&G's GI business - report
News of a potential sale was first revealed earlier this month.
Review of the year: October 2018
Dual pricing – the “crack cocaine” of insurance - was the headline article of the month for brokers.
InsurTech Futures Blog: It’s demo time...
André Symes from Genasys Technologies explains what APIs are and what brokers and insurers need to think about when starting their digital journeys.
ABI responds to CMA’s pricing investigation
Competition watchdog criticised the sector and called for pricing intervention options.
Key moments in 2018 with John Heaney and Nick Hobbs
Axa's director of schemes and MGAs and Allianz's director of broker markets discuss the biggest events to shake the market in 2018.
Insurance in the firing line as CMA calls for pricing intervention to be on the agenda
Competition watchdog responds to Citizens Advice super-complaint.
L&G Insurance appoints Ali Crossley as managing director, partnerships
She joins from Junction to replace Mark Holweger.
Ex-Towergate and Aviva boss Mark Hodges joins ReAssure for IPO
Swiss Re-owned firm anticipates IPO in 2019.
In-depth - schemes: Perfect partnerships
To be successful brokers need a deep knowledge of the sector they’re targeting with a scheme, says Jonathan Smith
Christmas Q&A with Mike Crane and Nick Hobbs
Who prefers turkey "curry" and who will be reaching for the pickles?
Hiscox appoints Bob Thaker as UK CEO
Insurer moves the role to Birmingham for the first time.
Review of the year: July 2018
Forget having a summer playlist! July 2018 saw brokers more interested with who topped Allianz's “hit list” and Axa's replacement for Amanda Blanc, along with finally having a date for the senior managers’ regime.
Bluefin fine – 32 FCA staff directly involved in investigation
One year on a Freedom of Information of request from Insurance Age reveals the timeline of events.
Review of the year: June 2018
RSA and Aviva were the talk of the town amongst brokers in June as rumours swirled that Allianz was targeting a big UK acquisition. Swinton's sale also caught brokers attention along with hack day, which explored what brokers should do to stave off a…
Mixed feelings from brokers on Aviva's subscription product
Experts worry it could lead to “surge pricing” but see positives too including transparency and flexibility.