Rachel Reeves needs to channel Alexander the Great, says City group November 21, 2024 The Association of British Insurers called on Rachel Reeves to break the “regulatory Gordian knot” last night – Hannah Gurga told Morning Wire why the group is calling for faster reform. According to ancient Greek legend, he who untied the Gordian knot was destined to rule over the whole of Asia. Unravelling the stubborn splice [...]
MS Amlin: Lloyd’s syndicate reports triple-digit growth in insurance service November 19, 2024 MS Amlin’s Lloyd’s syndicate reported an large jump in profits from underwriting from its insurance services, as partner group revises its full-year outlook
Tokio Marine hikes full-year outlook due to rate growth November 19, 2024 Tokio Marine Holdings has revised its full-year forecast with an increase of £205m to £5.1bn, due to accelerated sales
‘Vital the government hears directly from UK plc:’ Consultation on captive insurance reform launched November 18, 2024 UK government launched a consultation into a regime for a captive insurance industry, as CEO warns it is vital the government hears directly from UK plc
Aviva: Insurance demand boosts FTSE 100 giant November 14, 2024 "Our third quarter performance has been very strong," Amanda Blanc, Aviva chief executive said.
FCA fines director of collapsed insurance broker £1.1m over misusing funds November 11, 2024 The Financial Conduct Authority (FCA) has banned and fined a director of an insurance broker over misleading the regulator and misusing funds
Direct Line considers cutting 550 roles as motor market remains ‘challenging’ November 11, 2024 Direct Line is considering cutting around 550 roles as the insurance broker battles with "challenging" market conditions.
David Howden: I will live and breathe the British and Irish Lions tour November 9, 2024 Howden Group CEO David Howden has insisted he will live and breathe the British and Irish Lions next year in what will be the insurance firm’s first tour as front-of-shirt partner. Excitement has been steadily increasing ahead of the tour to Australia, where the team made up of rugby players from England, Scotland, Wales and [...]
Lancashire Holdings shares surge to the top of the FTSE 250 after special dividend announced November 6, 2024 Lloyd’s of London insurer Lancashire Holdings has announced another special dividend in its results for the three months to 30 September. Shares in the company jumped 9.2 per cent in early deals to the top of the FTSE 250 after the results were published. The company reported a nine per cent jump in gross written [...]
Prudential: FTSE 100 insurer posts profit growth in key Asian markets November 6, 2024 FTSE 100 insurer Prudential posted a jump in new business profit for the first nine months of its year today after registering “broad based growth” across its global markets. In a third-quarter trading update today, the Asia-focused insurer said it had notched £2.35bn in new business profit across its global markets, an 11 per cent rise on [...]