The latest EY Reimagining Industry Futures Study confirms generative AI's (GenAI) status as a breakthroug...
UK motor insurers expect 2023 to be worst performing year since 2010
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
Article / 4 months ago
EY UK Home Insurance Analysis
EY analysis shows the UK home insurance market has recorded its worst performing year on record in 2022, with further losses in 2023 and 2024...
EY analysis shows the UK home insurance market has recorded its worst performing year on record in 2022, with further losses in 2023 and 2024...
Article / 6 months ago
Property cat rates must rise 50% to offset rising claims costs, restore profitability - Artemis
Against the backdrop of increasing impacts from climate change, consultancy EY has suggested that property catastrophe reinsurance rates need to rise by...
Against the backdrop of increasing impacts from climate change, consultancy EY has suggested that property catastrophe reinsurance rates need to rise by...
Article / 1 year ago
UK motor and home insurers expect to make largest annual loss in well over a decade this year, with further losses forecast in 2023
Despite a profitable 2021, both motor and home insurers expected to make large losses in 2022 due to inflation increases and premium rate falls
Despite a profitable 2021, both motor and home insurers expected to make large losses in 2022 due to inflation increases and premium rate falls
Article / 1 year ago
UK motor insurance market to record profit in 2020 due to COVID-19 lockdowns - but loss expected in 2021
2020 is now predicted to have a Net Combined Ratio (NCR) of 93.8% (improved 1% vs EY’s previous June forecast)...
2020 is now predicted to have a Net Combined Ratio (NCR) of 93.8% (improved 1% vs EY’s previous June forecast)...
Article / 3 years ago
COVID-19: How insurers can meet the evolving needs of their customers
To support recovery and generate new business coming out of the crisis, the industry must focus on customers, products and distribution...
To support recovery and generate new business coming out of the crisis, the industry must focus on customers, products and distribution...
Article / 4 years ago
How European insurers can seize opportunities to ignite future growth
Moving the needle on transformation will require European insurers to make bold business investments and focus on finite resources...
Moving the needle on transformation will require European insurers to make bold business investments and focus on finite resources...
Article / 4 years ago