Motor Insurance

Hire & Legal: Anexo Issues Trading Update

Anexo (AIM: ANX), the specialist integrated credit hire and legal services provider, today provides the following Trading Update in respect of the year ended 31 December 2020 (‘FY 2020’). In FY 2020 the Group remained […]

Opinion

Car Insurers Need to Recognise Lower Risks During Lockdowns

James Blackham, CEO of UK’s only pay-by-mile car insurance provider By Miles, renews refunds call as insurers’ profits rise “At the start of the first national lockdown, we predicted that insurers would enjoy increased profits as […]

Life/Health/Critical illness

Moody’s Outlook for Life Insurers is Stable

The latest forecast from Moody’s for you; In April, we changed the outlook for the US life insurance sector to negative from stable. Although the global economy has begun to rebound, the recovery is fragile […]

News

Hannover Re Financials: Steady Profits Despite Covid19

Hannover Re expects Group net income of more than EUR 800 million for the 2020 financial year. The company increased its reserves for Covid-19-related losses in property and casualty reinsurance by EUR 100 million to […]

Global insurance trends

Hannover Re Financials Show Healthy Profit, Despite Covid-19 Hit

The latest resuts from Hannover Re for you; Hannover Re achieves profit of EUR 402 million for the half-year despite substantially increased risk provision for Covid-19 Reserves for Covid-19 strengthened substantially in first half-year owing […]

Global insurance trends

Moody’s Note on P&C Insurers Profitability Forecasts

The profitability of European property and casualty (P&C) insurers will come under increasing pressure as interest rates are likely to stay low for longer than previously expected amid the slowdown in global growth, and with […]

Business

Latest Hannover Re Results Show Good Start to 2020

Hannover Re boosted its result by 2.5% in the first quarter. Key drivers here were double-digit increases in earnings from life and health reinsurance as well as from the investment portfolio. “In the first quarter […]