AM Best and S&P have withdrawn their financial strength ratings for Bahrain-based Trust Re, due to delays in the reinsurer publishing its financial statements for 2017.
The Competition and Markets Authority last month provisionally found Compare the Market in breach of the competition law due to clauses included in its contracts with home insurers, which limit the price insurance providers can charge for their products…
The third quarter of 2018 saw a 350% surge in subsidence claims – the highest since records began 25 years ago – figures from the Association of British Insurers reveal today.
Biba has renewed its partnership with the DTW1991 syndicate at Lloyd’s, which will continue to provide its holiday travel scheme for another three years.
Wiser Academy, a training provider started by personal lines broker Be Wiser Insurance, plans to launch a new co-funded training programme for the insurance sector.
The Jersey Mutual Insurance Society is being investigated after ‘historic accounting activities’ were uncovered.
Many more insurers are allowing customers to renew policies, make claims notifications and track claims digitally compared to last year, according to research by Altus Consulting.
Allianz Insurance has appointed Helen Bryant as its new director of SME & corporate partnerships, to replace Zurich-headed David Martin.
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
Exclusive: Businesses that stockpile goods in preparation for potential Brexit-related disruptions are leaving themselves at risk of being underinsured, brokers have warned.
International General Insurance has appointed Nasser Zagha to the newly-created role of chief technology officer.
The transfer of business between LV and Allianz will be complete by this time next year, the Allianz CEO said.
Beazley chief underwriting officer, Neil Maidment, will take up a position on the Lloyd’s board after he retires from Beazley next month.
Gallagher’s purchase of a controlling stake in UK specialist property broker, Vasek, is the third acquisition made by the company’s UK retail arm this year, but it shows no signs of stopping just yet.