Customers buying car insurance through price comparison sites has led to an influx of new business for Hastings as motor premium rates continue to rise in light of the change to the discount rate.
Watchstone has revealed plans to break up as it prepares all remaining businesses for divestment.
After delays last month, the joint scheme administrators of Independent Insurance Company Mark Batten and Dan Schwarzmann have announced a first and final dividend.
Very few insurers effectively and proactively manage the relationship and performance of their panel law firms says Caroline O’Grady, partner at Coote O’Grady.
- Watchstone to break up as CEO prepares to leave
- Hastings sees new business influx following Ogden change
- Covéa's James Reader on insurance's ‘two lengths of the pool’
- Independent's joint scheme administrators announce first and final dividend
- Blog: How to reduce litigation costs
- Manchester Underwriting Management hires two managing directors
- Commercial lines brokers must adapt or 'face extinction'
Find out who ranks highest in the Top 100 UK insurers in Post’s 2016 countdown. The data, produced in association with AM Best, lists firms based on their financial returns.
As expected by AM Best, Chinese and Japanese companies ranked high. The largest Korean company was ranked seventh, and the largest Australian company followed at eighth.
A lack of large natural disasters, favourable exchange rates and a number of sizeable mergers have seen many of the top 30 European insurers weather the tough environment and climb the rankings complied by AM Best
The ranking of broking groups is based on research carried out in April and June 2016.