-
Prudential's group CRO appointed as Direct Line's finance chief
08 September 2017Penny James succeeds John Reizenstein to become CFO
-
UK government proposes higher Ogden rate
07 September 2017Promises relief for insurers and motor insurance buyers
-
Direct Line releases a third of its Ogden reserves
01 August 2017Impact of discount rate change less serious than previously thought
-
Solvency II capital benefit from diversification surprises equity analysts
04 July 2017Pure-play firms gain as much multi-line groups
-
UK industry welcomes action on whiplash claims but urges same for Ogden
21 June 2017Queen's speech sets out plan to tackle rising motor injury claims
-
The 'winners' and losers from the Ogden rate change
20 June 2017Insurers with lower retention rates increased their motor market share in Q1 as others were forced to raise prices faster. They are, however, likely to be hit harder during their reinsurance renewals, and the profits lost across the entire sector could reach £3.5bn. Callum Tanner reports
-
Analysts concerned by reliance on TMTP for risk margin relief
24 May 2017L&G would fall to 7% SCR without MA or transitionals, with a third of risk margin retained after transitionals end
-
The ongoing ordeal of Ogden
11 April 2017The change to UK's damages discount rate came as a huge surprise to many insurers. But this is far from being a one-off shock. Christopher Cundy reports
-
Ogden slashes Direct Line's solvency ratio by 24ppt
07 March 2017Damages discount rate is now a top five emerging risk
-
Ogden rate battle: insurers will be consulted on review
01 March 2017Discount rate needs to be fair, say Hammond and ABI