IFRS 17 represents the most significant change in financial reporting for decades, but what does it mean for the insurance industry? This report sheds light on the insurance industry’s sentiment towards the IFRS 17 regulation and the steps organisations are taking to achieve compliance.
Like many organisations, insurers are getting a raw deal when it comes to B2B payments. This whitepaper looks at why inefficient B2B payment processes are holding back insurers from achieving profitability and why it’s time for the industry to turn a cost centre into a revenue stream.
Reconciliation is a vital component of any organisation’s accounting practices and insurance companies are no different. New research reveals the reconciliation challenge facing the insurance industry and the ways insurance firms are increasingly looking to improve and automate reconciliation.
In this video, Steve Birks, head of shared service delivery and Haug Scharnowski, head of finance operations talk about how EXL is leveraging its insurance and finance & accounting expertise to help Zurich transform its global finance and accounting operations.
Reporting on ARAG's tenth year in business in the UK, Managing Director Tony Buss looks back on what has been a decade of steady growth for the leading legal expenses insurance and assistance provider. Watch this video to find out more.
How have the top 100 insurers fared over the past year? What have been the highs and lows faced by the market? This article sheds light on the effect of strong competition and unfavourable claims trends upon UK insurers.
In this video, watch Tony Buss, ARAG’s Managing Director, presenting 12% growth in premium under management for 2015, its ninth full year of trading. Its Gross Written Premium (GWP) under management has increased from £39.6m in 2014 to £44.3m in 2015, generating a pre-tax profit of £2.7 million.
Post, in association with AM Best, has compiled a list of the top 30 European non-life insurers. How have the rankings changed since 2013 – and how have currency fluctuations changed the standings of those dealing primarily in US dollars?
In this video, Tony Buss, Managing Director of ARAG UK, announces the company results for 2014.
In 2014, RSA reported a £275m profit before tax, whilst its combined operating ratio improved to 98.8%. This annual report focuses on RSA's performance during 2014. Topics covered: group results; strategic report; financial statements; directors' and corporate governance report.