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 & Reinsurance

TT Club Results – Doing a Bit Better Than That Woodford Bloke

TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2018, and A.M. Best affirms its A- (Excellent) rating Highlights: ·         $195.0 million gross earned premiums […]

Opinion

Opinion: Robust Inspections Needed to Assess Construction Site Fire Risk

In this article, Richard Forrest Smith, CEO, ECIC, takes a look at the fire risks inherent in the construction sector, the number of causes involved and how insurers can A recent report by Construction News[i] […]

Global insurance trends

Appointments: Eleonora Geamanu is Head of Willis Towers Watson Romania

Willis Towers Watson (NASDAQ:WLTW), a leading global advisory, broking, and solutions company, has named Eleonora Geamanu as the new Head of Willis Towers Watson in Romania. Geamanu will be based in Bucharest and will start […]

News

London Markets: Aegis Looks for Growth in 2019, Targets New Hires

Against a backdrop of difficult market conditions and a challenging business review process at Lloyd’s, AEGIS London expects to grow Syndicate 1225 by 5% in 2019 following another profitable year. AEGIS London delivered a combined […]

Insurance Brokers

Broker News: Azur Launches Smart Home Product, Offering Competitive Edge

Azur is launching Smart Home, a home insurance product that allows brokers to compete against direct insurers. Whilst clients with higher valued homes and contents trust the advice of their brokers, they still seek a competitive […]

Global insurance trends

The Interview: Talking Insurtech & More with SchemeServe’s John Price

SchemeServe’s COO John Price is a man in a hurry. He talks super-fast, spinning ideas, insights and observations on the insurance industry out at a rapid pace. Insurance Edge caught up with John over the […]

Insurance Brokers

Broker News: GRP Buying Spree Continues with U-Sure Acquisition

GRP Group (GRP) has acquired U-Sure Insurance Services Ltd (U-Sure). The business, which is a Lloyds Coverholder, is based in Cwmbran, near Newport in South Wales, and will join GRP’s fast-growing Underwriting division. The deal […]