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,...
XL Catlin has promoted Carrie Huang to a senior underwriting role for Asia.
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Europe’s peak insurance body Insurance Europe says there is some misunderstanding around how Solvency II liabilities are calculated, particularly its relationship to the ultimate forward rate.
RPC Consulting, the consulting arm of law firm RPC, has appointed former founding partner of EMB France Stéphane Chappellier to head up its new Paris office.