News

  • US pension risk transfer volumes reach $45.8bn in 2023

    28 March 2024

    Second highest annual figure on record, according to Limra

  • Insurers short-changing customers on vehicle valuations, FCA review reveals

    28 March 2024

    FCA scrutiny intensifies as insurers face backlash over undervaluing vehicle claims

  • Overcoming "fatigue" around capital key to fresh deployment, says Lloyd's CFO

    28 March 2024

    Burkhard Keese reiterated his desire for $1bn in new capital to be deployed via the London Bridge 2 structure

  • Baltimore Bridge insured losses could hit $4bn, says Morningstar DBRS

    28 March 2024

    The incident could amount to one of the largest marine insurance losses in history, says Lloyd's chief

  • NAIC adopts national climate resilience strategy

    28 March 2024

    The move is designed to battle US insurance crisis

  • Fitch flags "moderate" uplift in Japan life firms' capital after BoJ policy change

    28 March 2024

    Bank of Japan significantly changed its stance on interest rates last week

  • Japan's general insurers publish anti-collusion and anti-fraud measures

    28 March 2024

    Association also said that assessing earthquake loss will be made more efficient

  • UK pension demand drives bulk annuity volumes to record £49.1bn in 2023

    27 March 2024

    Actuarial consultancy LCP said the market was boosted by two new entrants

  • PIC's business value rises thanks to strong growth and risk margin reform

    27 March 2024

    Bulk annuity underwriter expects industry to complete $50bn of deals this year, after record 2023

  • Baltimore bridge collapse: insured losses to run into billions of dollars

    27 March 2024

    The disaster will also strongly impact the International Group of P&I Associations