The heatwave that engulfed the UK in July led to a 62% increase in fire claims, according to a loss adjuster firm.
Zurich UK has seen operating profit rise 24% in H1, as a focus on commercial enabled the firm to avoid huge weather losses seen elsewhere.
Ageas UK returned to profit in H1, as strong motor gains offset losses in household.
LV’s general insurance business saw profits more than halve in H1 owing to claims from the Beast from the East.
The transfer of commercial business from LV to Allianz will take place on 20 September, the company confirmed.
Axa UK and Ireland has seen personal lines revenue fall in its H1 results following the loss of the Marks & Spencer white label books to Aviva.
Exclusive: Saga is looking to divest its interest in bike broker Bennetts, with Ardonagh touted as one of the potential suitors.
Insurance has come under fire for the way it prices policies. Jonathan Davidson, director of retail at the Financial Conduct Authority, discusses the problem with Martin Croucher
Sabre will raise premium prices in the second half of the year, owing to increased market-wide claims inflation.
French construction broker SFS Europe, which is majority owned by CBL, has placed itself into voluntary liquidation.
GRP-backed County Group has acquired a Wigan-based commercial broker as part of a plan to double its size.
The government’s blueprint for a future trading relationship with Europe would be the “worst possible scenario” for the insurance industry, trade bodies have warned.
Collapsed Ipswich-based broker Ignition Select has had its administration period extended by a year.
Exclusive: A UK entity connected to an offshore Arron Banks holding firm has applied to be struck off the register of companies.
Post editor Stephanie Denton won overall journalist of the year award, in a year which saw the publication pick up 10 nominations.
The City watchdog will create a service to direct people with cancer and other pre-existing medical conditions to affordable travel insurance.
One of the highlights of the World Cup so far was watching Portuguese defender Pepe collapse in agony after receiving a pat on the back from Moroccan player Mehdi Benatia. But when you see how much footballers insure their body parts for, it isn’t really…