MD Beales retirement leads to string of senior hires at legal expenses insurer – Insurance Age End of drawer navigation content Skip to main content Drive Further Collective, owners of Financial & Legal, has restructured several of its leadership roles following the decision by managing director Karen Beales to retire from her executive position and … Read more
In a House of Lords Financial Services Regulation Committee evidence session earlier today, Financial Conduct Authority CEO Nikhil Rathi said no decision will be made on its investigation transparency proposals consultation until early next year. The original proposals, which have been labelled ‘name and shame’, caused uproar leading to the watchdog’s representatives admitting there was … Read more
Brokers would be relaxed if the RSA brand fell by the wayside, and have said that service remains a much more important factor in terms of their relationship with parent Intact going forward. Last week, sister title Insurance Post reported the RSA and NIG brand names are going to be dropped next year and replaced … Read more
Second quarter of motor premium falls in a row – ABI – Insurance Age End of drawer navigation content Skip to main content The average motor insurance premium fell by 2% in July to September to £612, according to the latest data from the Association of British Insurers, the second consecutive quarterly drop. The price … Read more
EY has released improved premium income forecasts for UK non-life insurers but maintained its view of slowing growth in 2024, 2025 and 2026. According to the specialists, there will be 7.9% growth in 2024, an improvement on the previous prediction of 7%, but still below the 8.8% rise in 2023. The expectation for 2025 has … Read more