Analysis
Top 75 MGAs: AutoProtect
AutoProtect (MBI) Limited’s CEO Graeme Nieman says the MGAs biggest achievement is "emergence from the pandemic as a stronger business than when we first entered it”.
Top 75 MGAs 2023: Markerstudy
Markerstudy was named one of the country’s two biggest MGAs after achieving revenues of between £80m and £100m for UK-based non-life risks in 2022.
Insurers’ profitability to remain lower than cost of capital
Data analysis: General insurers are adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s but profitability is unlikely to soar back to pre-pandemic levels imminently.
Fair settlements should be ‘simply expected’ following FCA warning shot
Following a call to insurers from the Financial Conduct Authority to ensure fair value, industry commentators have said that fair value is “simply expected”.
Steps insurers should take to become inclusive innovators
Analysis: Emma Ann Hughes explores what it will take to create an inclusive insurance industry culture that is capable of producing products and services suitable for a wider cross section of society.
Steps industry needs to take to retain Generation Z
Data analysis: Insurers need to ditch the marketing spiel and demonstrate what they are doing about artificial intelligence, climate change, and inclusion, if they want to appeal to Generation Z.
Who’ll buy RSA’s home and pet books if sale is green-lit?
Content Director’s View: With RSA and parent Intact floating the idea of a possible sale of its remaining personal lines business, Jonathan Swift looks at who could be in the market for a new pet and/or household book.
Young adults want Alexa to sort out their insurance
Data analysis: Young adults are markedly more likely to want their Alexa to share information so they can have personalised home (70%), pet (68%) and car insurance (67%) than older adults (50%, 43% and 48% respectively), a survey has shown.
Travel insurance predicted to lead growth in personal lines
Data from Smart Money People has revealed that travel insurance is set to grow by 15% over the next year, the highest growth projection of the top ten insurance policies.
#28 AIG Europe
Luxembourg-domiciled AIG Europe appears on this year’s Insurance Post Top 30 European Insurers List for the first time after reporting 12.5% average premium growth for the year.
#29 ASR
Netherlands-domiciled ASR is in 29th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 3.7% average premium growth for the year.
#30 Provinzial
Germany-domiciled Provinzial slips from 28th place in last year’s list to 30th in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 4.6% average premium growth for the year.
#27 Crédit Mutuel
France-domiciled Crédit Mutuel is in 27th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 10.9% average premium growth for the year.
#26 Catalana Occidente
Spain-domiciled Catalana Occidente is in 26th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 10.9% average premium growth for the year.
#25 Ageas
Belgium-domiciled Ageas is in 24th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 1.1% average premium growth for the year.
#24 RSA
UK-domiciled RSA climbed one place to 24th position in this year’s Insurance Post Top 30 European Insurers 2023 despite reporting -7.7% average premium growth for the year.
#23 Beazley
UK-domiciled Beazley in one of the biggest climbers this year’s Insurance Post Top 30 European Insurers 2023 List.
#22 Huk-Coburg
Germany-domiciled Huk-Coburg is in 22nd place in this year’s Insurance Post Top 30 European Insurers 2023 List for the second year in a row after reporting 3.7% average premium growth for the year.
#21 Crédit Agricole
France-domiciled Credit Agricole managed to stay in 21st place in this year’s Insurance Post Top 30 European Insurers 2023 List by reporting just 7.4% average premium growth for the year.
#20 Mutua Madrilena
Spain-domiciled Mutua Madrilena managed to stay in 20th place in this year’s Insurance Post Top 30 European Insurers 2023 List despite reporting just 5.6% average premium growth for the year.
#19 Helvetia
Switzerland-domiciled Helvetia managed to stay in 19th place in this year’s Insurance Post’s Top 30 European Insurers 2023 List by achieving 10% average premium growth for the year.
#18 Groupama
France-domiciled Groupama fell from 16th place last year to 18th place on this year’s Insurance Post Top 30 European Insurers List after reporting only 6.3% average premium growth for the year.
#17 Sampo
Finland-domiciled Sampo fell from 15th place last year to 17th place on this year’s Insurance Post Top 30 European Insurers List after reporting only 6.4% average premium growth for the year.