LV
Allianz UK posts improved 2017 operating profit and COR
Revenues at the insurer tick up by 2%.
Podcast: The top five stories of the week
Ida Axling and Siân Barton discuss the week's top five most read stories.
“Business as usual” for brokers amid LV and Allianz redundancy risk
400 people could be laid off at both insurers following the “game-changing” transfer of personal lines to LV and commercial lines to Allianz.
Up to 400 redundancies from LV/Allianz deal
260 people in the LV commercial broker and claims division are at risk alongside 140 people from Allianz’s UK personal lines business.
#Insagepeople: 08 - 14 January 2018
Keep up to date with all the latest people moves.
#Insagepeople: 02 - 05 January 2018
Keep up to date with all the latest people moves.
Allianz and LV deal approved
Announcement made on 29 December 2017.
Review of the year: December 2017
Bluefin being fined £4m by the FCA dominated the interest of Insurance Age’s readers in the final month of there year. There were two stories in the top five but there was also room for a new MGA, a fraud court case and another look at Amazon’s insurance…
Review of the year: September 2017
A ban for Aviva, ongoing Ogden rate issues, job losses at LV, a potential deal for Henderson and a fraud court case with an ex-RSA employee were all part of an action packed month.
Predictions for 2018: LV's Mike Crane
LV Broker's managing director Mike Crane predicts GDPR challenges and hints at the insurer's re-entrance into the home market.
Review of the year: August 2017
Losses at Ageas Retail, Kanye West, bribery offences and the deal between Allianz and LV hit the headlines in August.
Key moments in 2017: Allianz's Sarah Mallaby
Sarah Mallaby, director of broker markets, at Allianz Insurance reviews 2017.
Broking Break: Your Top 5
Another acquisition and an FCA consultation were high on the most read list along with GRP’s results, Bluefin’s fine and a new MGA in Birmingham.
Review of the year: May 2017
As May rolled around our most read stories included an £800m debt offer, redundancies, rumoured deals and senior management departures.
Former LV man leaves to set up Birmingham MGA
Mark Hands, former head of trading (North) at the insurer has set up Mercia Underwriting which is due to begin trading on 1 January with capacity arranged through Lloyd’s by Circle Insurance Services.
Broking Break: Your Top 5
A huge fine for Bluefin was the top story in the past week. Brokers were also interested in a £500,000 ex-Gallagher employee fraud court case, Amazon’s plans to enter the insurance market and management changes at two insurers.
LV announces management reshuffle ahead of Allianz takeover
The broker division will continue to be led by Mike Crane and the insurer said its broker relationships will continue to be business as usual.
Quizzical questions: 15 September 2017
Test your knowledge of the week's news with our topical quiz.
LV sheds 400 staff as it looks to cut costs
The workforce reduction is part of a drive to cut costs by £40m by 2018.
The Blog Spot: Deal or no deal - is the AA/Hastings tie-up really dead?
Hastings was in talks this summer about buying AA’s insurance business, or in their words forming a “partnership”. The talks have since stopped and the deal hasn’t happened.
Treloar hails "excellent" results for LV in H1 2017
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
LV's GI operating profit more than doubles in first half of 2017
Operating profit hits £49m compared to £22m in the first half of 2016.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Editor's letter - September 2017
Half full or half empty? Reaction to the Allianz takeover of LV has been largely positive