All Motor insurance articles
-
NewsProfitability of Italian insurers under pressure as inflation bites
The rating agency expects the year end-2022 combined ratio to deteriorate year on year
-
NewsRenewal rules require brokers to re-examine proposition and go ‘back to the future’
The motor market is ‘a perfect storm’ ahead of the FCA’s pricing rules coming into effect – brokers will need to focus on ‘agility’ and ‘be service-related’ if they are to succeed post-January
-
NewsGovernment needs ‘to do something positive’ to clarify impact of EU Vnuk ruling on UK law
The government needs “to do something positive to make very clear the boundaries of UK law” around the European Vnuk ruling post-Brexit, said Paul Ryman-Tubb, partner at law firm Weightmans.
-
NewsMotor market is ‘substantial opportunity’ for Lemonade post-covid – GlobalData
Lemonade has a “substantial opportunity” to capitalise on the motor insurance market post-pandemic, according to data and analytics firm GlobalData.
-
NewsMotor insurance premiums predicted to fall by up to 10% in 2021 – PWC
Home insurance premiums are also expected to decrease by 4% to 8%, says the professional services firm
-
NewsFCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
-
NewsFlock enters flexible connected motor insurance market
It is also signing up a select number of forward-thinking fleet owners for an entirely usage-based insurance product, set for widespread availability in 2021
-
AnalysisBriefing: A bright future, or momentary relief for the motor market?
The impact of the nationwide lockdown earlier in the year is expected to help the UK motor market return to profit once again in 2021, but with underlying problems still dogging the market, this is only anticipated to offer temporary respite for motor insurers By insight editor Matt Scott
-
AnalysisBrightside’s Derek Henry on the future of personal lines
The Covid-19 pandemic has created some big challenges for the insurance market, not least for those involved in the business interruption and event cancellation markets. In the personal lines market, however, things have been a bit more nuanced and Derek Henry, managing director of broking at Brightside, says this has ...
