Personal auto

A past industry critic of Root has shifted to a more optimistic view of the company’s future.

New inflation data shows continued pricing declines and rising average severity. Margin pressures continue to build as the spread widens, and frequency remains the wildcard.

The auto insurer will remain on the stock exchange if it complies with a request for outstanding submissions.

The carrier’s announcement that it was cancelling coverage to Uber has not affected the outlook.

The Lloyd’s chairman suggests the post will enhance, rather than detract from, his work at the Corporation.

Under the deal, 1mn auto insurance customers can receive Amazon voice recognition devices.

The French reinsurer is providing paper to support bundled homeowners and auto policies underwritten by the InsurTech.

Headline rate changes at lows not seen since 2007/8, in line with Q2:19 management commentary pointing to growth initiatives, and peak margins at leading firms.

New inflation data shows pricing declines have flattened in August, and rising average severity. Margin pressures continue to build, and frequency remains the wildcard.

With returns well above the group's cost of capital, growth rather than margin expansion will generate the most value.

The deal makes Allianz one of the top three insurers in the country.

The latest fundraise comes after the auto carrier entered the Californian market.