Sabre’s combined operating ratio remained in its target of within the mid-70s range, while premiums shrank 7% in the first half of 2019.
Aston Lark made a profit during its transformational year.
Lemonade competitor Hippo has raised $100m in a Series D funding round, led by Bond Capital.
Global insurtech investment hit $1.41bn in Q2 2019, with more than half of this coming from four transactions.
Scor’s property and casualty division has seen growth in H1 2019, while legal action against Covéa and its CEO and chairman Thierry Derez will continue in 2020.
Mustafa Kasim, who was sentenced to six months in prison in November for stealing data from Audatex, has now been ordered to pay a confiscation order of £25,500.
A majority of insurers believe that mergers & acquisitions will drive more than half of the growth in the industry over the next five years, research by Deloitte has found.
Neos intends to double its UK direct customer numbers this year, amid international expansion plans and the launch of an add-on product for the UK market.
Ecclesiastical claims handlers suggested a child abuse survivor could be “bought off” for a modest sum, according to a leaked cache of emails obtained by Post.
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
The Danish Financial Supervisory Authority has ordered Gefion to not expand into new territories.
The Spanish Private Health Alliance hit out at “possible systemic fraud” committed by British insurers offering problematic medical cover within travel policies.
Dave Beswick, managing director of Saffron Insurance, will leave the broker at the beginning of next year.
Aviva has so far picked up 1400 members for its broker community, which it launched last October.