Company news
Beat Capital snaps up Paraline syndicate
Venture capital firm Beat Capital Partners and Bermuda-based insurance holding company Paraline are to merge.
ABI calls for regulatory certainty as no-deal Brexit advice published by government
A regulatory deal is urgently needed to address Brexit contract issues for the insurance sector, the Association of British Insurers has said.
Ardonagh Group reports income boost of 9.1% at H1
The Ardonagh Group has reported income growth of 9.1% as both income and profit climb in the first six months of 2018.
Analysis: Pricing climate risks
As climate change becomes tangible, insurers are feeling the heat. Their understanding of the risks could inform not just their underwriting but also their investment strategies.
Ecclesiastical sees premium up at H1 but profit and COR take a hit
Ecclesiastical saw strong premium growth in the first half of 2018 but pre-tax profit took a 54% nose dive.
Top 30 European insurers 2018: A year of steady growth for insurers
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
This week in Post: Washouts and windfalls
When you head off to an outdoor festival following a heatwave, you cross your fingers and hope the sun sticks around. Unfortunately it seems like the recent tropical spate has done a runner and I spent last weekend trying not to roll down a hill while up…
ERS sees best first half profit performance in five years
Specialist motor insurer ERS has reported its highest first half profit performance in five years.
Blog: Supporting neurodiversity within the workplace
Debbie Mawer, director of people and culture at Claims Consortium Group, explains how to attract and nurture a neurodiverse workforce.
Esure looks for 'new type of leader' following Bain takeover
Esure is looking for a digital-savvy CEO from outside the industry, who will lead a transformation programme when Bain Capital takes ownership at the end of the year.
AIG appoints new Europe CEO
Aspen Re’s CEO Thomas Lillelund has been appointed CEO of AIG Europe SA, subject to regulatory approval.
Aviva UK delivers, GI hit hard by weather claims
Despite weather claims that hit operating profit, Aviva’s UK general insurance arm has reported a combined operating ratio of 94.3% for the first half of 2018, a slight increase on 2017, when it was 93.2%.
GRP-backed brokers Lonmar and Ropner to merge
Lloyd’s brokers Lonmar and Ropner will merge at the end of the month under the Lonmar brand.
DLG’s operating profit slides as insurer is hit with weather claims
Direct Line Group saw operating profit slide in the first half of 2018, as it was hit by weather-related claims.
Paul Geddes to step down from Direct Line
CEO Paul Geddes will be leaving Direct Line Group in the summer of 2019.