Ageas
Educating drivers on the importance of safety holds key to curbing uninsured driving
Reducing motor premiums by educating young drivers on the importance of road safety has been raised by market commentators as the main way of curbing the number of uninsured drivers, which has risen for the first time in a decade.
Insurers remain at odds with Apil over whiplash figures despite talk of collaboration
Insurers have welcomed calls by the president of the Association of Personal Injury Lawyers for greater collaboration, but have roundly rejected his argument that whiplash claims are on a downward trajectory.
C-Suite Europe: Technology opening up new avenues for insurer partnerships
New technology is changing the nature of the partnerships insurers are getting into, says Ageas CEO Bart De Smet.
Ageas sells Hong Kong division to Chinese private equity firm
Ageas has sold its Hong Kong division to China's largest private equity firm JD Capital for HK$10.7bn (£895m).
Household Underinsurance: The cost of home improvement
With homeowners moving less frequently and spending more time on improving their homes, the issue of property underinsurance has never been more pertinent.
Fosun and FWD eye Ageas' $1bn Hong Kong operation
Chinese conglomerate Fosun and life insurer FWD are attempting to buy Ageas' Hong Kong arm for around $1bn (£638m) according to reports.
UK insurer CEOs lament IPT hike as H1 results are squeezed
Industry CEOs have criticised the government’s "regressive" decision to increase insurance premium tax, but have dismissed the tax hike represents a disconnect from government, amid widespread profit drops and combined operating ratio deterioration at…
Insurers pledge support to intermediated motor market after RSA withdrawal
Large insurers have remained staunch in maintaining their presence in the personal lines broker motor market after RSA announced on 12 August it is to fully withdraw from the channel.
Ageas Retail
Rank: 12
Ageas UK's Watson signals commercial appetite after improved profitability
Ageas UK is to focus on writing schemes business, digital trading and motor in its commercial book after an action plan has led to sustained profitability in the division, CEO Andy Watson has said.
Ageas UK grows profits as Watson hails upward motor pricing trend
Ageas UK has reported an increased net profit for the six months ended 30 June 2015 to £29.5m (H1 2014: £25.3m) and an improved combined operating ratio of 98.3% (H1 2014: 100.7%).
Young driver IPT exemption unlikely despite positive government talks
Hopes of securing an exemption from the insurance premium tax hike for young drivers are dwindling, despite “constructive” talks between industry figures and the Department for Transport last week.
Blog: Why £200m Nationwide household loss might not be a big deal for DLG
Direct Line Group CEO Paul Geddes was bullish today when the insurance group released its half year results.
CHO hits stalemate with insurers over 2015/2016 GTA rates
Insurers and the Credit Hire Organisation have reached a stalemate over the revised General Terms of Agreement rates for 2015/2016 amid uncertainty surrounding the true minimum cost of credit hire.
Sun Life launches into GI market with appointment of Stanney
Ex-Castle Cover products director Simon Stanney has been hired to spearhead Sun Life’s foray into the general insurance market.
Ageas ups uninsured drivers' fight with police partnership
Ageas has sponsored a Hampshire Constabulary police vehicle fitted with automatic number plate recognition technology to help identify uninsured drivers.
Sure Thing plots recruitment drive after promising first year
Scottish-based motor broker Sure Thing claims it has outstripped pre-launch sales predictions by 190% after achieving 80,000 live policies in its debut year, with continued growth expected to lead to a boom in recruitment.
Rias warns against lack of cover for summertime lightning strikes
Homeowners should ensure their properties are adequately covered against the threat of summer lightning strikes, over-50s insurance specialist Rias has advised.
Ageas plots Hong Kong sale
Ageas is planning to sell its operations in Hong Kong in a deal valued at more than $1bn (£639m) according to reports.
Shock IPT raise - more reaction
The insurance sector is still reeling after George Osborne's Budget announcement to raise insurance premium tax by more than 50% from 6% to 9.5%.
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Insurers advised to prioritise Flood Re access as April inception looms
Insurers run the risk of losing out to faster-moving rivals if they do not prioritise being able to access the Flood Re scheme ahead of its April 2016 inception.
Cost of data-sharing a thorn in the side of telematics' mainstream potential
The mainstream adoption of telematics remains an unlikely prospect, according to market commentators, as the industry struggles to overcome the price tag older drivers place on their data.
Roundtable: Telematics: a move into the mainstream
Will the falling cost of telematics devices see the technology move away from exclusively targeting young drivers and into other sections of the motor market?