News

  • Aviva's bulk annuity sales rise 30% in H1

    16 August 2023

    However, equity release sales fell due to the rising interest rate environment

  • Admiral warns on claims inflation, but predicts stabilisation ahead

    16 August 2023

    CEO Milena Mondini de Focatiis said key drivers behind increased claims inflation are starting to flatten

  • KCC estimates Lahaina wildfire insured losses at $3.2bn

    16 August 2023

    Moody's Investors Service previously predicted at least $1bn of insured losses

  • NAIC plans data call to combat US insurance crisis

    16 August 2023

    Severe weather events are top of mind for consumers, says the association's president

  • Florida's insurance reforms are helping market to grow, regulator says

    16 August 2023

    OIR approves second new insurer following recent withdrawals

  • Legal & General completed £4.9bn of PRT deals in H1

    15 August 2023

    The insurer has already written over £2bn of PRT business in H2, and eyes further opportunities

  • Insured losses from Maui wildfires to total at least $1bn

    15 August 2023

    Moody's Investors Services said the losses will primarily affect P&C insurers

  • Vesttoo starts Chapter 11 bankruptcy proceedings

    15 August 2023

    Firm says move will give it breathing room to pursue legal actions

  • Insurance sector takes a reputational hit from Vesttoo crisis

    14 August 2023

    Rating agency KBRA emphasises the importance of ERM for the fronting industry

  • KCC predicts second largest insured loss for Hawaii from Lahaina fire

    14 August 2023

    The catastrophe modelling firm said 3,500 buildings are within the blaze's perimeter