At long last, the Civil Liability Bill cleared its final parliamentary hurdle this week, opening the way for a much-awaited review of the personal injury discount rate.
Jeremy Pinchin, Hiscox group claims director, will retire at the end of February 2019, after 13 years at the company.
Folgate, which will relaunch as an insurer next month, was assigned a financial strength rating of B from AM Best.
The architect of Lloyd’s modernisation drive, Shirine Khoury-Haq, has stepped down from the Corporation.
Exclusive: Folgate will write £35m in premium in its first year of operations following its relaunch as an insurer, the company said.
After more than two years of contingency planning, this week’s news that a proposed Brexit deal was likely to lead to a loss of passporting was met with no more than a shrug of the shoulders.
Hyperion is to continue on the acquisition trail, having raised $115m (£88.9m) through debt.
The losses from the continuing 8 November California wildfires are expected to reach record levels, according to ratings agencies.
Having left Crawford in April 2017 after 15 years at the firm, Ian Muress resurfaced in January as CEO of Sedgwick International, a claims business he describes as the largest of its kind "on the planet". He spoke to Jonathan Swift about why people…
RSA is withdrawing from three of its business lines as part of a restructure of its specialty and wholesale business.
The chair of underwriting agency Iprism has vowed that it will never work with unrated capacity again having only just got its house in order after the collapse of former partner Gable in 2016.
When extensive renovations are carried out on properties fire poses a risk. Rachel Gordon investigates what insurers are doing to mitigate this happening.
The spotlight has been on Arron Banks this week but we've also seen some major business acquisitions.
Beazley chief underwriting officer, Neil Maidment, will take up a position on the Lloyd’s board after he retires from Beazley next month.
Beazley will cease to write business on construction and engineering lines.
Barbican’s syndicate will withdraw from property, marine cargo and hull, and professional indemnity insurance.
BP Marsh increasing its stake in Nexus could mean a rumoured sale of the managing general agent is off the cards, analysts say.
Hiscox has spent $15m preparing for business after Brexit, the specialist insurer disclosed in its third quarter trading statement.
In a volatile geopolitical landscape, Nicolas Aubert, head of GB, Willis Towers Watson and current president of the Insurance Institute of London, urges the market to take the opportunity to rethink its position and think globally.
As whiplash legislation speeds through parliament, claims management companies have increasingly been looking into other avenues to keep the coffers full and cavity wall insulation claims have spiked. CMCs may be the industry’s own bugbear, but this…
The Ardonagh Group will sell its commercial underwriting business to Arch for £31m.
How can insurers help customers facing Brexit uncertainly when they themselves face taking a blind bet on whether the UK will face a hard or soft deal when leaving the European Union? David Worsfold investigates.
A holding company will be established for Ed and Besso, with Steve Hearn as group CEO. However the two BGC-owned brokers will remain separate companies.
BP Marsh's announcement of its purchase of a 1.9% stake in managing general agent Nexus.