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Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Insurer |
23 May 2012 
Editor's comment: Shaking up the market
Two of this week's market stories - emanating from opposite ends of the insurance supply chain, and arising from both home and abroad - carry the potential for significant shakeup in the months to come.
Insurer |
17 Apr 2012
Admiral COO describes 2011 as a year of two halves as profit hits £299m
Admiral has reported group profit before tax up 13% at £299m in 2011 (2010: £266m) on a turnover up 38% at £2.19bn (2010: £1.58bn).
Personal |
07 Mar 2012
At-fault payout product could fill 'deliberate' hole in motor market
Concerns have been raised that a new product that "fills a genuine gap" in the motor market could be plugging a hole that has been left deliberately.
Personal |
06 Mar 2012
Moody’s ups outlook for French insurers
Moody's has changed the outlook for the French property and casualty sector to stable from negative, but left the French life insurance sector on negative.
Insurer |
31 Jan 2012
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Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.
Insurer |
31 Jan 2012
Brokers wary over Groupama transfers as S&P puts Aviva and Axa on rating alert
Up for sale insurer may be helped by wider eurozone worries.
Insurer |
31 Jan 2012
View from the top: Looking longer term
The present market should be given less consideration than future propects, says Laurent Matras.
Insurer |
24 Jan 2012
Editor's comment: Battle of the brands
From scrap yards to scrap heaps. Last week, the industry was getting agitated about the soaring problem of metal theft, while this week it’s more a sad tale of two well-known insurance names finding themselves destined only for the brand graveyard.
Insurer |
10 Jan 2012
Breast implant scare could leave insurers facing multi-million-pound-bill
A £400m bill could land at the door of clinics and their insurers in the fallout of the banning of Poly Implant Prothese breast implants.
Claims |
10 Jan 2012
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Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
Sales to boost capital at Groupama
Groupama has made an agreement with state owned French banking group, Caisse des Dépôts which it says will introduce substantial fresh capital to Groupama to reinforce the group’s solvency.
Insurer |
14 Dec 2011
Martel reshuffles Groupama management
Recently appointed Groupama chief executive Thierry Martel has unveiled his new management team.
Insurer |
30 Nov 2011
Groupama to meet 'in the dark' brokers
Groupama is expected to give the first details of what might happen to the troubled French insurer in the UK when it meets with many of its UK brokers tonight.
Insurer |
29 Nov 2011
Editor's comment: Sales, sprinklers and statistics
Any reputable estate agent — excusing the potential oxymoron — will tell you the property market falls quiet in the run-up to Christmas, as potential vendors focus on the festivities ahead. Not so in the insurance market, with an unexpected end-of...
Broker |
29 Nov 2011
Fire protection sprinklers: The market needs saturating
Despite research showing sprinklers significantly reduce economic damage and environmental impact following major fires, hopes for mandatory legislation remain low.
Regulation |
29 Nov 2011
Comment
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View from the top
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2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Workplace Stress: Under pressure
Post |
22 May 2012 
Market moves: Brokers a hive of recruitment activity
Post |
22 May 2012
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
Post |
23 May 2012
World Cup and Olympic fever fuels Brazil's general insurance growth
Post |
23 May 2012
Household to become 'new motor' as insurers warn of price hikes to come
Post |
22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...