Admiral
FCA tells sector to change its ways in motor legal expenses insurance review
Industry reacts to recommendations including opt-in sale of MLEI cover
Alternative Business Structures: Is this the future?
Into the wild
Admiral profitability 'under pressure'
Admiral’s “unprofitable foreign growth” does not compensate for the “fast-declining” UK profitability, according to a scathing analysts report.
Admiral reports 9% fall in UK turnover
Admiral chief executive Henry Engelhardt has said that now "is not the right time to grow" its market share in the UK after turnover fell 9% to £470m (Q1 2012: £518m) in the first quarter of this year.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
Website review: More Than’s site less than adequate
Loading times of up to 14 seconds contribute to site’s low score, says Gomez.
Admiral enters legal JVs with Lyons Davidson, Cordner Lewis
Admiral has received approval from the Solicitors Regulation Authority for new joint ventures launched in partnership with two law firms
Increased shareholder scrutiny puts spotlight on insurance CEO pay
Insurers are more cautious and keen to be transparent over executive remuneration after last year’s ‘shareholder spring’, according to analysts, with recommendations for boss’s pay packets swelling in the past 12 months.
Admiral patient on international profits
Admiral Group management has said it could be up to 10 years before its newest international insurance businesses declare a profit.
Admiral sees net profits up but COR continues slide
Admiral Group has reported pre-tax profits of £345m for the year ending 31 December, an increase of 15%, but the group’s combined ratio again deteriorated, reaching 96.6%.
RSA beats peers to eighth place in Sunday Times best employer list
RSA has become the highest ranking insurer in the Sunday Times Top 25 Big Companies to Work For in 2013, coming eighth overall, compared to sixth in 2012.
Admiral 2013 earnings forecast falls by £30m
Insurer Admiral has seen earnings forecasts slashed in an investor report from Investec as the motor referral fee ban approaches.
Lyons Davidson rules out Admiral sale
Admiral is in negotiations over a non-exclusive collaboration with law firm Lyons Davidson, Post understands.
Admiral in Lyons Davidson acquisition talks
Motor insurer Admiral is in talks to purchase law firm Lyons Davidson according to press reports.
Axa Assistance selected by Admiral to provide new forms of cover
Axa Assistance UK has secured a contract to provide Admiral with its first home emergency and legal expenses covers as part of the insurer’s new household insurance product offerings.
Admiral follows home market entry with RICS tie-up
Admiral has followed its soft launch of home insurance by signing a deal with the Building Cost Information Service of the Royal Institution of Chartered Surveyors.
Website review: NFU Mutual
Poor performance on 4 December affects insurer's average scores.
Europe: a home for aggregators?
This year has seen aggregators bought and sold across Europe. Francesca Nyman investigates whether Europe can provide a home for them or whether their time has passed.
Website review: Echoice
RSA car insurance site is among the poorest-performing across the board.
Admiral slows rate of growth as Q3 turnover takes a slight dip
Admiral released its interim management statement this morning covering the past four months in which third-quarter figures showed a 5% reduction in UK car insurance turnover.
Expert analysis: Aggregator assessment
A continuing drop in motor premiums and a rise in instalment charges are just two trends identified by the latest market analysis.
Insurers duck Admiral warning on 'killer' referral fees
Insurers have reiterated their support for the scrapping of referral fees, following remarks made by Admiral chief executive Henry Engelhardt that the incoming ban will be a "killer" for his competitors.
Admiral's international arms report £8.9m loss in 1H 2012
Admiral's international insurance business has reported significant growth in turnover and total premiums written in the first half of 2012 to £79.7m and £74.4m respectively (H1: 2012 £53.9m and £49.5m).
Knock-on effect of referral fee ban not an issue for Admiral CEO
Admiral chief executive Henry Engelhardt has brushed aside fears that future legislative changes relating to the ban on referral fees could take its toll on his firm's UK balance sheet.