Government income from insurance premium tax hit a record high of £6.3bn in 2018/19, up 7% from £5.8bn collected the previous year, according to an accountancy firm.
Half of general insurance firms have not accessed official guidance on Brexit preparations, a survey found.
Insurers have been issued fresh guidance on how to fairly treat customers who have prior criminal convictions.
Hiscox has reported a profit before tax of $168m for the first quarter of 2019, up from a profit of $162.7m on the same period last year, despite a higher volume of claims.
Government changes to personal injury calculations are set to add to motor insurance costs going forward, insurers have warned.
In 2018 insurers dealt with 228,000 escape of water claims, at a cost of £617m – an increase from £529m paid out five years ago, according to statistics from the Association of British Insurers. With the rising cost of claims, can technology help reduce…
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
BLM has won a fundamental dishonesty case against a fraudster who claimed for whiplash from an accident where she was not in the vehicle.
When not working as account executive at Clear Insurance Management, Yvonne Baverstock breeds and judges Pyrenean Mountain Dogs.
Introducing graduated licensing for young drivers could have unintended adverse effects, warns Mike Brockman, CEO and founder of ThingCo.
Victor Insurance is looking to build on growth following the rebrand from Bluefin Underwriting.
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
Christchurch City Council estimates that insurers have paid out around NZ$35-40bn (£18.6-21.2bn) following the earthquake in 2011.
The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
Chubb will phase out its coal insurance policies within the next three years, amid climate fears.
A former claims management company boss has been found guilty of illegally obtaining people’s personal data and selling it to solicitors.
Exclusive: LV General Insurance retail business director, Andrew Beard, has left the insurer after 12 years.