Insurance news

• Standard Life Aberdeen to quit insurance in £3bn deal

  22-02-2018 22:06
  Asset manager poised for sale of unit to Phoenix
  
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• Moneysupermarket tumbles after strategy rejig

  22-02-2018 18:01
  Shares in price comparison site drop sharply as revamp is unveiled
  
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• Allianz Worldwide partners with digital payment platform to speed up claims payouts

  22-02-2018 17:58
  Allianz Worldwide has partnered with digital payment platform Optal in a bid to pay claims easier to its supplier network.
  
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• Swinton puts 268 people at risk of redundancy

  22-02-2018 15:35
  Broker to close 40 of its branches in latest restructure.
  
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• Why insurers are being blamed for equity market instability

  22-02-2018 15:21
  Annuity providers in spotlight over ‘managed volatility’ strategies
  
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• Amanda Blanc “exceptionally pleased” with UK & Ireland performance

  22-02-2018 14:38
  The CEO praised the impact of the business' commercial lines division and insisted the "excellent" results had no bearing on McCafferty’s exit.
  
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• Swinton to close 40 branches, over 260 jobs at risk

  22-02-2018 13:35
  Swinton Insurance is to close up to 40 branches across the UK, putting 268 jobs at risk.
  
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• Steve Lewis confident RSA UK will “bounce back” in 2018

  22-02-2018 12:22
  Provider "not concerned" following £116m underwriting loss in 2017.
  
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• Generali to cut coal investments by £1.7bn in new climate change strategy

  22-02-2018 11:59
  Italian insurer Generali is to divest from the coal industry as part of a new climate change strategy and has pledged to raise investments in environmentally friendly projects.
  
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• Go Compare snaps up former Facebook director

  22-02-2018 11:37
  Go Compare Group has named Silicon Valley tech executive Joe Hurd as an independent non-executive director with effect.
  
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• RSA UK commercial book sees COR deteriorate to 108%

  22-02-2018 11:23
  RSA UK saw its combined operating ratio for commercial operations deteriorate to 108.1% over the course of 2017.
  
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• Money Supermaket insurance segment up 12% at year end

  22-02-2018 11:23
  Money Supermarket posted an increase in full-year profit bolstered by as revenue growth and a strong insurance segment.
  
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• Lloyd’s gender pay gap at 27.7%

  22-02-2018 11:13
  Male employees across Lloyd’s are paid 27.7% higher on average than female staff.
  
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• Moneysupermarket posts 12% insurance revenue rise for 2017

  22-02-2018 11:12
  Group revenue, profit and average number of monthly visitors all increase.
  
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• Axa UK & Ireland COR improves to 96.3% for 2017

  22-02-2018 10:33 via insuranceage.co.uk
  Revenues also went up but underlying earnings fell.
  
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• Axa UK earnings fall in ‘volatile environment’

  22-02-2018 10:30
  Axa UK and Ireland has seen its earnings fall by 7% as a result of a “volatile environment”.
  
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• RSA UK reports falling profits in 2017

  22-02-2018 10:14 via insuranceage.co.uk
  Provider posts underwriting loss of £116m as COR deteriorates to 104.3% due to catastrophe losses.
  
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• RSA Insurance posts record profitability in 2017

  22-02-2018 08:23
  Strength led by strong performance in Canada, Scandinavia
  
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• The risks and regulations driving the Turkish insurance market's growth

  22-02-2018 07:00
  Emerging risks as well as new and upcoming regulations are driving the growth of the Turkish insurance market, explain Pelin Paysal and Ilgaz Önder, partner and associate at Gün and Partners.
  
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• Analysis: Torched on Twitter

  22-02-2018 07:00
  How social media influenced the response of insurers to the Liverpool fire
  
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• Analysis: Insurers torched on Twitter over Liverpool Fire

  22-02-2018 07:00
  How social media influenced the response of insurers to the Liverpool fire
  
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• Analysis: Insurers torched on Twitter

  22-02-2018 07:00
  How social media influenced the response of insurers to the Liverpool fire
  
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• Annuity firms must tell savers how their rates compare

  22-02-2018 06:00
  FCA orders customers to be shown the best whole of market deal
  
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