Insurers’ profitability for home insurance in 2015 has been put into freefall by the intense period of wet weather in December, with combined operating ratios for the year estimated to have deteriorated 16 percentage points to 108%.
Figures put forward by business advisory firm Deliotte state that, until December, 2015 was on track to be the eighth consecutive year that personal home insurance delivered profits, with the industry...
Former Aon Hong Kong CEO Winnie Wong is returning to the market at a local insurer.
Ecclesiastical has reported a dip in profits for the first half of the year after a "return to a more normal claims experience compared to an exceptionally benign H1 2015".
Aviva has partnered with global digital start-up accelerator Plug and Play in order to develop digital products and services.
Zurich will cut 20% of 1900 executive jobs across the group as part of a wider restructure.