Insurer
Hastings reports rise in profit and GWP
Insurer's group Ebitda rose by 18% in 2014, while COR increased to 89.1% from 88.3%.
Co-op insurance makes £7m loss
Company says insurance division's fall in profits due to difficult market conditions and planned exits.
Video: Tackling fraud in commercial lines
Insurance Age’s Expertise From A-Z campaign in association with Allianz investigated the creep of fraudulent behaviour from personal lines into the commercial space.
Covéa CEO pleased with “solid” results
Sterling acquisition a great opportunity moving forward says chief executive James Reader.
Cobra secures £6.9m debt refinance with Clydesdale Bank
Firm says package will allow it to focus on growth opportunities.
Crash-for-cash fraudsters found guilty in million-pound scam
Fraudsters staged seven collisions with buses in Chester.
Zurich takes firm stance against fraud despite court reversal
Insurer disappointed by Court of Appeal ruling in favour of claimant.
CII survey lifts lid on industry pay rates
Survey looking into workplace salaries shows gender imbalance is a challenge for the industry.
DVLA and MIB had weekly meetings about MyLicence
Agency confirms no individual insurers were involved in the meetings.
Editor's letter - April 2015
“While matters could be better, brokers will surely at least welcome this level of consistency”
Market moves: Spring has sprung
Over the past month, the newly-constructed Towergate has continued to be a popular destination for movers within the industry. Sarah Dalgarno and Steve Wood joined the consolidator as chief risk officer and CEO of Paymentshield respectively (see box)…
Talent spotting
Having the right people with the right skills is vital to the insurance industry, but, as Daniel Pedley says, the sector is not attracting as many new entrants as it could
No Budget for business
George Osborne’s last Budget before the upcoming general election contained very little for the “engine room” of the economy, writes Paul Upton
Conflicts of interest
Insurers should not own independent brokers, brokers should not own insurers or underwriters and aggregators should be truly independent, argues Tony Cornell
Disappointing results bring RSA under the spotlight
Provider commits to focus only on areas where it “can win and be successful”
Market upbeat despite soft conditions
Insurers’ 2014 results reveal little movement, but many brokers see providers pushing for growth
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Covéa sees GWP and profit rise
Insurer's combined operating ratio improved to 97.8%.
RSA chief digital officer leaves
Ian Hood exits insurer to pursue opportunities in a new sector.
FCA data shows complaints about insurance intermediaries continue to fall
Fourth consecutive half year of falling complaints.
PPI complaints fell in the second half of 2014
Overall number of complaints to financial services firms fell 7% compared to the first six months of the year.
Sterling launches e-trade service for brokers
Offering comes with three new commercial e-trade products.
Optimism up among brokers and insurers
Financial services survey shows increases in business volumes and profitability.
Fitch gives Ageas A+ rating with stable outlook
Agency says Ageas Insurance is core to the group.