The liquidator of unrated insurer Gable has found ‘trapped funds’ in the company originally valued at CHF 85m (£71.8m) are not recoverable.
Insurers must stop 'protecting' the coal industry and start protecting society claimed a climate change group as it urged the sector to drop all fossil fuels.
Recently capital raisings by insurers aimed at ensuring they have sufficient capacity to support their trading partners and clients during the Covid-19 crisis have been widely reported. Clare Lebecq, CEO of the London Market Group believes the ability of the London Market to continue to attract new capital is vital.
With the All Party Parliamentary Group for Respiratory Health’s call to arms for the reform of workplace exposure limits to silica dust, Jim Byard, insurance partner at Weightmans, explores the likely impact on the insurance industry, and how it can begin to prepare for what some are tipping to be ‘the next asbestos’.
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We’ve set out more detail on our proposed court action on business interruption insurance.— Financial Conduct Authority (@TheFCA) June 1, 2020
This includes identifying the representative sample of policy wordings & those insurers we've invited, & have agreed, to participate.https://t.co/f53WiCjhMV #coronavirusuk #FCAupdate pic.twitter.com/QS2xkVPp5V
- Briefing: In CEO Amanda Blanc Aviva finally gets its woman
- Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
- Gable liquidator warns of ‘everlasting’ bankruptcy proceedings as it writes off £72m
- Chubb reveals near $1.4bn Covid-19 Q2 loss estimate
- Amanda Blanc looking at 'all strategic options' for Aviva
- Flood Re paid out more last year than its first three years combined
- Axa XL confirms Sean McGovern as CEO UK and Lloyd's market
Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
A series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown looking at the major topics of the day
What makes the best insurance employer? Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they would recommend the employer to a friend. 1258 responses were received and more than 100 firms were nominated.
The top 100 UK insurers have been on top of their game this year. Find out who ranks highest in the Top 100 UK insurers in Post’s 2019 countdown, produced in association with AM Best.