Archive

  • Five insurers suspend 2019 dividends amid Covid-19 crisis

    08 April 2020

    PRA praises UK insurers for their 'prudent' decision

  • Most UK insurers will pay dividends, despite PRA's letter

    01 April 2020

    Some firms had already planned to withhold capital distribution to shareholders

  • Direct Line suspends share buyback citing market volatility

    19 March 2020

    Swiss Re continues with its buyback plans, for now

  • Direct Line hit with £1m coronavirus bill

    03 March 2020

    UK insurer says February storms absorb more than half of annual weather allowance

  • Competition makes loyalty penalty difficult to end, says Direct Line chief

    26 February 2020

    Penny James addressed the loyalty penalty issue at the ABI conference

  • Dual-pricing crackdown could hit UK insurers' profits

    09 October 2019

    Rating agencies note the potential negative effects from regulatory action

  • Direct Line takes CFO from Royal London, and makes his paypacket public

    16 September 2019

    Tim Harris replaces Penny James following her promotion to CEO

  • Capsicum Re hires AIG actuary for cyber pricing

    05 September 2019

    Reinsurance broker expands cyber capabilities with several appointments

  • Profit hit for Direct Line's motor insurance segment

    31 July 2019

    The UK insurer also strengthened claims reserves after the Ogden rate change

  • Direct Line bucking FTSE 350 gender equality trend

    16 July 2019

    No gender balance in senior roles expected until 2090, says report