Hundreds of thousands of homes will be “unsellable” unless the government secures a deal on flood insurance, Paul Evans, chief executive at Axa UK, told The Independent on Sunday.
Evans warned that once the Statement of Principles expires, insurance premiums in high risk areas could reach £30 000, which, unaffordable for many, could prompt homeowners to do away with insurance,...
The Supreme Court ruling to allow case re-opening when new evidence of fraud has come to light will not lead to an influx of old cases being reexamined, insurance lawyers said.
Charles Taylor will establish a third party administrator to handle specialist lines later this year, Post has learned.
Conor Brennan will replace Vibhu Sharma, who left his role as Zurich’s UK country manager and head of general insurance business, amid wider restructuring at the company.
Next month Lloyd’s will stage its second Dive In Festival, promoting the cause of diversity and inclusion in the insurance industry.