Ecclesiastical enjoys ‘record new business’ in 2024
Ecclesiastical’s expansion into new sectors helped it achieve “record new business wins” in 2024, as it nearly doubled its pre-tax profit from the previous year.
The insurer’s UK and Ireland general insurance business, which accounts for around two thirds of group gross written premiums, saw its topline increase 9.3% to £436.9m from £399.7m in 2023.
This
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on News
Aviva launches specialty hybrid fronting for MGAs
Aviva has launched a new MGA hybrid fronting proposition through its Global Corporate & Specialty business.
Brewis on regrets the FCA didn't go further on fair value
Former Financial Conduct Authority head of insurance Matt Brewis has said he wishes the regulator had gone “further along the journey of fixing fair value assessments”.
McGill sold to EQT for $2bn
McGill and Partners and private equity firm EQT have entered into a definitive agreement in which the latter will acquire a majority stake in the former for $2bn (£1.5m).
Markel’s clinical trial product; Tower eyes £100m GWP; Coversure’s office
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Holiday fraudster jailed after £300k in false medical claims
More than £300,000 was fraudulently claimed by a man in a series of “sophisticated” travel medical emergency claims to Direct Line Group, the Post Office and Great Lakes Insurance SE resulting in a multi-year prison sentence.
Lloyd’s CEO pushes market to innovate at scale
Lloyd’s CEO Patrick Tiernan has called on the London market to move beyond product innovation and deliver “innovation at scale” to meet growing demand for cover across data centres, infrastructure, energy and defence.
ManyPets launches service on ChatGPT
ManyPets has launched on ChatGPT with customers being able to learn about lifetime pet insurance options ranging from £3,000 to £20,000 in vet fee cover per year.
Asta CEO Harfitt: Dive In can foster industry-wide AI conversations
Dive In’s final festival will help bring people together to discuss the often-controversial topic of AI, says Lorraine Harfitt, CEO of festival sponsor Asta.