Regulation
ESG Blog: Follow the Green Claims Code
Andrew Waddelove, head of sustainability at LV general insurance, looks at substantiating ESG claims, and considers what the Green Claims Code means for the insurance industry.
ESG Blog: On the trail of green regulation and reporting
With the new rules expected to come into force in 2022, which will make ESG reporting compulsory for big companies, Allianz's head of strategy and propositions Glen Clarke, considers what companies will need to do to account not just for their own…
ESG Exchange Q&A 2: How are insurers enabling their employees and partners to be green?
As part of our ESG Exchange fortnight, Post spoke to Ageas, Aviva, LV and Zurich to find out how insurers are thinking beyond their own firms and helping their employees, partners and their supply chain to adopt environmental, social and governance…
FCA 'considering' Corbin & King BI judgment impact
The Financial Conduct Authority is considering the impact of the recent legal judgment in the case between restaurant group Corbin & King and Axa.
ESG Exchange: Making resilient repairs work
With new measures being introduced to facilitate resilient repairs, Rachel Gordon investigates whether these steps go far enough to help insurers and their customers when faced with building claims.
ESG Blog: Companies must disclose environmental, social and governance procedures and manage liability risks
Sylvie Gallage-Alwis, Paris partner, and Kate Gee, London counsel at Signature Litigation, consider how the impact of liability and litigation risks, and environmental, social and governance issues will affect insurers.
UK government confirms late March deadline for Russia insurance ban
UK insurers must cancel cover for Russian aviation and space companies from 28 March latest, the government has updated.
Online Safety Bill expanded to include fraudulent pre-paid adverts
The government has amended the Online Safety Bill to expand its scope to include fraudulent paid-for advertising.
Regulators quizzed on authorisations and competitiveness by Lords committee
Prudential Regulation Authority CEO Sam Woods has said there is “probably” scope to authorise a greater number of insurance entities in response to questions from a House of Lords select committee about the proportionality of regulation faced by market…
ESG Exchange Q&A 1: How are insurers helping their staff and partners to be green?
As part of Post's ESG Exchange fortnight we spoke to Allianz, Axa, Bupa and RSA to find out how insurers are thinking beyond their own firms and helping staff, partners and their supply chain to adopt environmental, social and governance practises.
UK's insurance sanctions on Russian companies to apply to existing and new business
Sanctions announced last week to bar Russian aviation and space companies from accessing the UK insurance market will apply to both current and new business, according to the Bank of England’s director of risk operations and general insurance Anna…
Insurance Europe ends All-Russian Insurance Federation’s membership
The board of Insurance Europe has voted to end the All-Russian Insurance Federation’s membership of the organisation in response to the Ukraine crisis.
ESG Exchange Week: What is driving microinsurance growth?
Microinsurance could cover up to 2.5 billion people by 2030. As Edward Murray explains, digital resources and education through the Covid-19 pandemic have opened up the door for mainstream insurers to get involved in this market.
UK to block Russian aviation and space businesses from accessing insurance
The UK government will introduce further sanctions in response to the Ukraine conflict, with legislation to bar Russian aviation and space companies from accessing insurance cover.
Concerns persist around public understanding of self-driving vehicles
With different levels of autonomous technology available, insurers have warned that an Automated Vehicles Act must be clear on what self-driving cars can and cannot do and this must be communicated effectively.
Editor's comment: Lost in a data pothole
It is probably safe to say most of us have broken the odd law – I’m sure many tried an alcoholic drink before they were 18 or have made an illegal turn on the road.
FCA presses on with plans to scrap bonuses as it revises pay proposals
The Financial Conduct Authority has pressed on with plans to bring an end to performance-based bonuses for staff, prompting condemnation from the trade union Unite.
Self-driving vehicle data sharing rules must be right from day one, insurers urge
Insurers have warned that any duty to disclose data in an Automated Vehicles Act must be right from "day one" to avoid lengthy litigation.
Analysis: E-scooters – the view from Europe
As UK e-scooter trials are extended, Post looks at what lessons the UK could learn from its European neighbours
Cladding campaigners seize on ABI hashtag to highlight 'extortionate' premiums
Leaseholders that have seen their buildings insurance premiums skyrocket as a result of the cladding crisis took to Twitter on Tuesday to highlight what they regard as extortionate practices on the part of the insurance sector.
Changes to Solvency II rules to free up 'meaningful amounts of capital', says Glen
The UK’s rewriting of Solvency II rules will result in the release of “meaningful amounts of capital for productive investment,” John Glen MP, the Economic Secretary to the Treasury, has said.
Intelligence: Raising the AR bar
The insurance industry should not kid itself that it has no issues in its use of appointed representatives but, according to specialists, the FCA consultation should not strike fear into well-run businesses, writes Emmanuel Kenning.
Industry 'cautiously optimistic' discount rate will be set before NI Assembly dissolves
The Northern Ireland government actuary department will have had less than two months to complete the review of the discount rate before the Assembly dissolves on 25 March, but industry watchers remain “cautiously optimistic” this is achievable.
Webinar: Ensuring environmental action is more than a catchy title: how can we be sure to avoid greenwashing
In the second of Insurance Post's ESG Exchange webinars on Friday 11 March 10am we'll explore how the insurance sector can avoid greenwashing.