Opinion

Opinion: Will GDPR Will Make Life Easier For Insurance Fraudsters?

The latest from the Editor’s keyboard, on the law of unintended consequences after the introduction of GDPR. The recent announcement by the Irish government that a proposed database of insurance claimants is shelved is another […]

News

Insurance Business: Latest Allianz Results & Update on LV= Transfer

The second quarter of 2019 saw the announcement of Allianz’s proposed acquisition of both Legal & General Insurance and the remaining 51% of LV= General Insurance Group. When these transactions complete at the end of […]

News

Abu Dhabi’s Luxinva Buys 30% Stake in D&G Warranty Insurer

The latest news from D&G, one of the big names in domestic appliance repair & servicing plans in the UK market. Domestic & General (“D&G”), the leading appliance care specialist, is pleased to announce that […]

UK Insurance Trends

Motor Insurance Sector Doing OK, Challenges Ahead, Says Ernst & Young

The UK motor insurance market has reported impressive underwriting profits for the second consecutive year, according to EY’s Annual UK Motor Insurance Results. The Net Combined Ratio (NCR) for 2018 was 94.8%, the best result for 33 […]

Insurance Brokers

Broker Update: Record Revenues for Lycetts, IT Investments & 26 Hires

Lycetts Holdings Ltd has shrugged off subdued economic growth and Brexit uncertainty to post record revenues thanks to “exceptional levels of client service” and a commitment to the “recruitment, training and development of staff”. The […]

News

AIG Europe Moves Back Into the Black Following Restructure

AIG Europe Limited (AEL), the European entity of American International Group, Inc. that restructured on December 1, 2018, reported a pretax profit of £59.5 million for the twelve months to November 30, 2018, up from […]

Global insurance trends

Insurance Financial Results; Munich Issues Profits Guidance

The latest news from Munich Re on their financial performance; Jörg Schneider, Chief Financial Officer: “This good Q3 result puts us on track to achieve our profit target for 2018 – despite a series of […]

News

Ecclesiastical Posts Healthy Results for First Half of 2018

After an exceptional performance in 2017, underpinned by strong performance of global equity markets, Ecclesiastical’s H1 performance was in line with expectations, with the company posting a profit before tax of £19.4m (H1 2017: £42.2m) […]