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With £1b of UK pet payouts in 2022, insurers raise the woof
22 June 2023 -
Southern US states endure $5.5bn insured loss from hail and wind, KCC estimates
21 June 2023The severe convective storm outbreak lasted from 10 to 19 June
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Mass policy surrenders remain a blight on Europe's life insurers
20 June 2023But reinsurers are stepping in to help manage lapse risk, and the EU's insurance chief is sanguine about the threat, as Christopher Cundy and Joshua Geer report
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Insurers lose Covid-19 business interruption case in UK High Court
20 June 2023The ruling could affect hundreds of thousands of policyholders
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Bank of England launches landmark market wide stress test
19 June 2023The Bank cited September 2022's gilt crisis as an example of sudden liquidity stress during market volatility
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Risks facing D&O insurers gathering pace, says Kennedys
19 June 2023ESG, Spac and technology are among the sources of such perils
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Divergent views and rising rates cool progress on EU's Solvency II reforms
16 June 2023One year has passed since the European Parliament's Econ committee issued its draft text on the Solvency II reforms. Joshua Geer and Christopher Cundy investigate why the agenda has not progressed - and when a breakthrough might occur
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Texas hailstorm insured losses exceed $1bn say KCC
16 June 2023 -
Generali snaps up Liberty Seguros in €2.3bn deal
16 June 2023 -
WTW: Lloyd's market getting "concrete returns" from digital transformation investment
16 June 2023The market is beginning to deliver operational efficiencies, research from the consultancy said.