Marsh & McLennan’s risk and insurance subsidiaries – Marsh and Guy Carpenter – brought in combined revenues of $2.42bn in the first quarter of 2019, a 3% increase on the same three months last year.
Covéa Insurance saw its underwriting profit slashed to £1.8m in 2018 compared to £12.4m in 2017, as its personal lines business felt the impact of claims inflation and adverse weather.
The Financial Conduct Authority has set out its priorities for the year ahead in its 2019/20 business plan, identifying Brexit as its “immediate priority”.
Trade credit insurer Atradius has forecast that global insolvencies are set to rise for the first time in 10 years, with the UK facing the highest increase of all advanced markets.
The price of car insurance fell 1.6% in the first quarter of 2019 after creeping upwards during the second half of 2018, according to the Confused car insurance price index, produced in association with Willis Towers Watson.
The Financial Conduct Authority has warned general insurance firms that it "will not hesitate to intervene" if firms fail to meet their obligations to customers.
Four of the five articles downloaded most by Post’s sister title Insurance Hound’s insurer audience during March explicitly addressed ways in which technology has changed the insurance landscape.
Car insurance premiums fell by £100 between December and February due to whiplash reforms and a six-month reduction in the number of car registrations, according to analysis by Comparethemarket.
Exclusive: The industry’s gender pay gap numbers remain relatively static, with experts warning that it could be up to a decade before the impact of recent diversity initiatives are reflected in the numbers.
Tokio Marine Kiln has appointed Will Curran as head of reinsurance.
Lucy Clarke, president of newly-operational Marsh JLT Specialty, has promised clients “an unmatched depth in terms of expertise and resources” following the close of Marsh’s acquisition of JLT.
A third of UK consumers feel no loyalty to their insurance provider, according to a report.
Exclusive: Social media influencers can now be insured against the risk of losing followers on Twitter or Instagram, under a newly-launched product.
Axa dominates nearly a quarter of motor premium in Northern Ireland, but its hold is slipping owing to new market entrants, unofficial figures show.
French insurance company La Parisienne Assurances will establish a third-country branch in the UK, in order to continuing operating in the country after Brexit.
David Ross returned to the Royal Courts of Justice yesterday to finish giving evidence in the hearing of a dispute between Gallagher and Ardonagh.
David Ross, CEO of the Ardonagh Group, yesterday gave evidence at the Royal Courts of Justice in an ongoing trial between Gallagher and Ardonagh-owned Bishopsgate.
Despite motor insurance premiums falling 6.7% in the past year, data analytics company, Consumer Intelligence, has warned that concerns over Brexit could be causing premiums to creep upwards.