Archive

  • Motor insurer Hastings suffers 42% annual profit drop

    27 February 2020

    Blames rising claim costs and the impact of the Ogden rate change

  • Motor insurer Hastings warns of profit fall

    17 January 2020

    The UK firm has been impacted by rising claims costs

  • Hastings brings remuneration committee into line with UK governance code

    01 March 2018

    Chairman defends succession plans at annual results

  • Hastings defends CEO move against potential governance criticisms

    09 January 2018

    Sanguine analysts note a shortage of qualified candidates

  • Hastings wins approval to use Solvency II USPs

    11 August 2017

    UK retail insurer slashes solvency capital requirement

  • The 'winners' and losers from the Ogden rate change

    20 June 2017

    Insurers 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

  • The ongoing ordeal of Ogden

    11 April 2017

    The 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

  • Gocompare demerger driven by Esure's solvency worries

    13 September 2016

    Split will restore Solvency II coverage ratio to desired range, says analyst

  • Fall in insurance premiums to lag growth of driverless cars

    19 January 2016

    UK insurers are starting to diversify their businesses, according to S&P