Category Archives: Uncategorized

Economical Insurance reports financial results for Second Quarter 2017

Increased gross written premiums by 12.8% over second quarter 2016, driven by strong personal lines growth, including contributions from Sonnet and Petline Reported a combined ratio of 112.8% for the quarter, including an impact of 6.5 percentage points related to … Continue reading

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Great-West confirms Financial Horizons acquisition

Great-West Life Assurance has confirmed the acquisition of leading MGA Financial Horizons Group. The deal first made headlines when it was announced in May in what has been newsworthy year for Great-West parent¬†Great-West Lifeco. The financial services giant is the … Continue reading

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Republican health care bill ‘would leave 51 million uninsured’ says analysis

A new analysis of the American Health Care Act (AHCA) has backed the claim that it would mean millions more people would be left uninsured. The Congressional Budget Office (CBO), a non-partisan congressional group which scores budgetary legislation, said that … Continue reading

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Flood Re covers 53,000 policies in six months

Flood Re has backed 53,000 policies in its first six months of operation. It was set up to provide insurance for properties at risk of flooding that would otherwise find cover hard to obtain. here were 16 insurers signed up … Continue reading

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Is the insurance industry on the verge of a dive?

The industry is under stress, traditional profit bases are dry, competition is fierce. Is the insurance world one trigger event away from a dive? Insurance Business¬†spoke to two experienced brokers who shared some thoughts on the state of the industry … Continue reading

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