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Aviva confirms £84m Covid hit as commercial lines book surpasses £2bn
Aviva has posted a combined operating ratio of 98.5% for its UK general insurance business in 2020, reporting growth across commercial lines and progress on its pledge to slash its available personal lines products by 80%.
Covid curbs drive Admiral to record profits
Admiral has posted record pre-tax profits of £638m for 2020, reaping the benefit of fewer claims as a result of quieter roads during lockdown.
Pandemic pushes PI cover down technology firms' to-do lists
Professional indemnity insurance may have slipped down the shopping list of some IT and technology companies, but firms that do take out cover are finding the type of policy limits they are used to harder to come by
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Analysis
Briefing: Ex-Aviva CEO Mark Wilson's insurtech electric dreams
Mark Wilson might have not quite managed to turn Aviva into the 320 year old disruptor he had hoped, but Post content director Jonathan Swift reasons he might have more luck scratching that digital itch with his latest venture Abacai, even in a soft motor market.
Analysis
Spotlight: Technology - Moving towards digital learning in insurance
When lockdown was announced in March 2020, the scale of the adjustment required for remote working may have warranted insurance businesses pressing pause on recruitment and development. But, with lockdown accelerating the use of technology, it’s been much more of a case of fast forward for these areas
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Meet your CPD/IDD requirements with Knowledge Centre. Complete assessments on a range of insurance topics and earn CII accredited reading time.
Net zero committment
Today we’ve announced the most demanding carbon emission target of any major insurance company in the world 🌍
— Aviva plc (@avivaplc) March 1, 2021
For the world to reach Net Zero, it’s going to take leadership and radical ambition. And it is going to take Aviva to play our part. https://t.co/8UH3yK2s3O pic.twitter.com/6OzGPqoL0Q
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The Top 100 UK Insurers 2020
A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
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Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
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Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
Insurance Covid Cast Podcast series
A series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown looking at the major topics of the day
People & Comment
Editor's comment: PI breaking point
Penny Black's Social World: March 2021
Interview: Chris Croft, London & International Insurance Brokers’ Association
CFC’s Graeme Newman on the vital role insurance is playing in the global fight against cybercrime
Blog: Inefficient methods have hamstrung how we do business for decades – there’s no going back now
Blog: Changing attitudes in consumer travel
Trade Voice: Biba's Steve White on why insurance-bashing headlines won't help small businesses
Interview: Rob Gibbs, RSA