Archive

UK insurers weathered record storm claims in 2023

The ABI said more needs to be done by government on preventative measures

UK regulator issues clarifications on Solvency II MA reforms ahead of finalised rules

Effective deadlines for attestation and voluntary fundamental spread additions explained

Globe Life hits back at insurance fraud and bribery allegations

The Texas-based life insurer's stock plummeted over 50% last Thursday in light of the claims

Greater competition and capacity prompting decline in cyber pricing

CyberCube also warned the re/insurance sector should be wary of cyberattacks on healthcare providers in 2024

Aviva launches streamlined BPA service targeting sub-£100m schemes

IRLA expands into Bermuda

"Remarkable" year for natural disasters in 2023 with $370bn in economic losses, Aon finds

Only $120bn of the damages was insured, according to the broker

Just Group seals £130m buy-in with Lucite scheme

Fewer big nat cats and portfolio actions benefit Lloyd's syndicate loss ratios

Syndicates did, however, warn of uncertainty around modelling future natural catastrophe trends

Lloyd's syndicates spotlight DEI benefits, and the commercial risks of not being inclusive

Open-mindedness attracts best talent, argues Hamilton