News

  • AM Best flags further worsening in cost and availability for Californian property cover

    12 February 2024

    Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges

  • Internal debates on ESG have faded, says Ageas' chief sustainability officer

    12 February 2024

    Arguments now centre on how economic, social and governance strategies can be implemented

  • Lloyd's chair criticises slow regulatory response times

    12 February 2024

    Bruce Carnegie-Brown said regulators must be ambitious about growth

  • P&I Clubs rate hikes needed for "price adequacy" in next week's renewals, says AM Best

    12 February 2024

    Hikes of between 5% to 7.5% are expected, lower than 10% seen a year ago

  • Achmea says "exploring internal and external options" for life business

    12 February 2024

    Dutch conglomerate has one life unit and two pensions units

  • Rollout of Colorado-style AI insurance rules across US states unlikely

    09 February 2024

    Most US states expected to issue NAIC-style guidance, says Locke Lord

  • UK authorities investigate Aviva and AIG Life merger

    09 February 2024

    Competition and Markets Authority considers whether the deal substantially lessens competition in protection markets

  • UK regulator halts 80% of GAP insurance market over value concerns

    09 February 2024

    Financial Conduct Authority says sales paused while engagement with underwriters continues

  • North Carolina turns down 42.2% insurer rate hike request

    09 February 2024

    Rate demand excessive and unfairly discriminatory, says insurance commissioner

  • Chinese industry solvency sits below levels reached after C-Ross Phase II began

    09 February 2024

    Regulator will explore relaxing foreign investment limits in China's insurers