Wefox exits German insurance market

Lloyd's tells market: "We are not risk-off, but we are risk aware"

Market conditions are fragile and susceptible to external shocks, say executives

BaFin identifies AI and red tape among its current priorities

Fidelis nears endgame on Russia-Ukraine aviation litigation exposure

But up to $150m in risk remains from English court ruling

Chief actuaries embrace AI adoption - but CROs remain cautious

LMA survey finds insurers are sceptical about the technology and regulatory compliance

Aviva says Direct Line acquisition is "on track" despite CMA investigation

In a Q1 trading update, the insurer said it also expects to remain active in the bulk purchase annuity market