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Ageas confirms £3bn bid to acquire Direct Line
28 February 2024But Direct Line board rejects bid saying it undervalues the group
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California passes NAIC annuities bill criticised by campaigners
28 February 2024State bill is counter to DoL proposal which industry has shunned
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Aioi Nissay Dowa to cover costs of generative AI risks
28 February 2024Cover ranges from legal costs to "sympathy payments" to generative AI's victims
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Consumer champ Birny Birnbaum exits NAIC advocacy role with "little or no progress made in 20 years"
27 February 2024The NAIC is "where consumer protection goes to die," he says in parting shot at regulator
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Munich Re commits to covering "existential risks" but excludes systemic cyber and pandemic threats
27 February 2024The reinsurer posted €4.6bn profits for 2023
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Insurers are "sheep banging their heads against an electric fence" when setting premiums
27 February 2024Stella Insurance CEO Sam White advocated the use of telematics to help measure risk
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UK insurers announce 10-step plan to address soaring cost of motor cover
27 February 2024Association of British Insurers suggests action from insurers, government and regulators
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Bermuda's insurers throw support behind "sensible" tax change
26 February 2024New 15% income tax will put country on level footing with rest of the world
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BBC finds "ethnicity penalty" for UK car insurance premiums
26 February 2024ABI says its members comply with the 2010 Equality Act
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Insurer M&A declines as dealmakers in "wait-and-see mode"
26 February 2024A report from Clyde & Co shows M&A activity dropped 23% in 2023