EY
2% rate rise in 2015 not enough to spark motor profitability, claims EY
Next year has been billed as the beginning of a trend in rising motor premiums by advisory firm EY, yet a predicted average 2% rise in 2015 will be below the rate of claims inflation.
UK insurance industry ranks lowest in Europe for customer trust, finds EY
Consumer trust in insurance providers was lower in the UK than any other European country and 50% below the global average, according to research from EY.
Home insurance profitability to end in 2015 says EY
The UK’s home insurance market is set to end a long run of profitability, according to figures from EY.
EY appointed liquidator for Northern and Western
EY has confirmed it was appointed provisional liquidator for Northern and Western Insurance Company.
Europe: Commission disclosure - disaster averted?
The Insurance Mediation Directive has been the subject of much conjecture in recent times. So what will the trialogue decide on - and what will the impact on insurers be?
Attention turns to devolution impact after Scotland rejects independence
Referendum outcome pleases insurers as devolution discussions begin
Top 100 UK Insurers: Social media: Social whirl
Love it or hate it, you can’t afford to ignore social media as a marketing tool
Volatility adjustment approval process could disadvantage UK firms
Proposals to make the Solvency II volatility adjustment subject to pre-approval by the Prudential Regulation Authority could put UK firms at a competitive disadvantage, according to EY’s head of insurance regulation and risk Martin Bradley.
Motor price rises 'inevitable' as EY forecasts a return to loss-making in 2014
Motor insurance underwriting in 2014 will return to being a loss-making product after just one year in the black, according to EY’s annual UK motor insurance results seminar.
Motor insurers record first profit in 20 years, claims EY
The motor insurance market has recorded its first underwriting profit since 1994, according to figures released by EY this morning.
Europe: M&A activity set to pick up?
Edmund Tirbutt investigates what is behind the current decline in merger and acquisition activity on the Continent, and looks at what the future could hold for deals
Insurers vie for RSA broker motor business despite ‘unsustainable’ label
LV and Zurich among the major insurers looking to capitalise on RSA’s motor cuts
In Series: Legacy Systems: profit from partnerships
Insurers must look at their use of technology if they are to reap the benefits offered by strategic partnerships
2013 motor results 'best since 2006'
Motor insurance results for last year represent the sector’s best underwriting performance since 2006 according to a study by EY.
UK among most SII ready but Pillar 3 presents 'major challenge'
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French, German, Greek and Eastern European counterparts in terms of readiness.
Scottish Independence: Decision time
As the referendum on Scottish independence edges closer, what would a ‘yes’ vote mean for the insurance industry?
Soft rates stall motor insurance IPOs after Esure falters
SNL Financial says ‘no bottom in sight’ for motor pricing.
In Series: Data: Down the data rabbit hole
Data is expected to drive change in the insurance industry, with greater volumes set to create distinct opportunities.
KPMG makes senior insurance hires from McKinsey & EY
KPMG has appointed Navdeep Arora and Justin Balcombe to its insurance advisory practice.
Crimea crisis could cause rates increase as analysts predict strain on capacity
Commentators split on potential impact of sanctions against Russia.
More self-insurance schemes likely after FCA add-ons report
The Financial Conduct Authority report released today on general insurance add-ons could see the establishment of alternative forms of self-insurance, according to EY.
Claims Conference Asia: A CCTV on fraud
Ahead of the Claims Conference Asia 2014 Andrew Tjaardstra, editor, Asia, Post interviews Chris Fordham, managing partner, fraud investigation & dispute services, Asia-Pacific, EY and Jack Jia, director, fraud investigation & dispute services, EY at EY’s…
DIS 2014: Poor digital execution creates 'competitive disadvantage'
The digital revolution is a major threat to insurers that fail to adapt, according to EY’s global insurance customer leader Graham Handy.
Innovation Group report highlights motor market evolution
Insurers must do more to put the customer at the heart of motor insurance following a year of unprecedented reform, according to Innovation Group sales director Ian Bowen.