News
Allianz takes aim at underinsured SMEs
Allianz is launching a data initiative designed to reduce the number of SMEs that are underinsured.
Canopius signs admitted paper deal with State National
Canopius has signed an agreement with State National, enabling it to offer specified lines of insurance written on admitted paper across the United States.
Budget 2017: Live blog
The industry's reaction to the Budget statement 2017.
Haegeli named Swiss Re's chief economist
Jerome Jean Haegeli will become Swiss Re's group chief economist at the Swiss Re Institute.
Liberty promotes Beechey to global financial risks role
Liberty Specialty Markets has named Andrew Beechey as head of underwriting and strategic development for global financial risks.
Cost of natural disasters to more than double in Australia by 2050, says study
A comprehensive study has suggested Australia's natural disaster costs are going to become a lot worse in the future.
Ping An considers spinning off tech units
Listed Chinese insurance giant Ping An is considering listing its technology and internet subsidiaries.
Post survey: Advanced Driver Assistance Systems
Post is polling the market on what advanced driver assistance systems mean for motor insurers and their customers.
H2 nat cats set to push up P&C pricing, says Swiss Re
Prices in non-life insurance and reinsurance are expected to increase as a result of the recent nat cat activity across the Atlantic, Swiss Re has said.
Commercial insurance rates continue to decline in Q3
Global commercial insurance rates have declined for the 18th consecutive quarter.
Carole Nash was ‘target consumer brand’ for Ardonagh, says Ross
Motorcycle broker Carole Nash was a longstanding acquisition target for Ardonagh, the group's CEO said
Ardonagh adjusted Ebitda up 19.7% in Q3
The Ardonagh Group posted adjusted Ebitda of £ 79.1m in the first nine months of 2017, a 19.7% rise year-on-year.
Clyde and Co partners with Malaysia firm
Global law firm Clyde & Co has entered into an association with Malaysian firm Shaikh David & Co.
Brexit: Sompo International to set-up Luxembourg operation
Bermuda-based P&C (re)insurer Sompo International is planning to establish a European headquarters in Luxembourg.
Ecclesiastical urges Chancellor to make charities exempt from IPT
Ecclesiastical has backed the Charity Finance Group by urging the Chancellor, Philip Hammond, to make charities exempt from Insurance Premium Tax ahead of Wednesday’s budget announcement.
British travel infrastructure hampering business, QBE warns
British travel infrastructure ranks among the worst in Europe, a survey by QBE Business Insurance revealed.
Nat cats could cost MS&AD $972m
MS Amlin owner MS&AD Insurance Group could see losses of over $972m (£734m) as a result of second quarter nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico.
Ignition Select boss sees another company go into liquidation
Exclusive: The director of failed Ipswich broker Ignition Select has seen another of his companies placed into voluntary liquidation.
Insurtech firm raises further £6m with plans to expand internationally
On demand insurance provider Zego has raised £6m in funding from Balderton Capital, as it looks to double in size and increase its product offering.
Motor premiums to fall next year from Ogden and whiplash changes: EY
Motor premiums could fall in 2018 as an expected change in the Ogden rate could reverse some of the losses faced by insurers, EY said.
Insurance firms 'should lower premiums for Tesla cars'
Insurers should lower premiums for Tesla cars owing to increased safety features built into the vehicles, analysts said.
Guidewire 2017: Chatbots could aid in compliance and fraud fighting
Chatbots have the potential to help insurers meet regulatory demands as well as using machine learning to flagg up potentially fraudulent behaviour.
Muang Thai Insurance offers driving smartphone app
Thailand insurer Muang Thai Insurance has released an idrive motor smartphone app which uses UK insurtech start-up Inzura's app and cloud based platform.
Asia marine war syndicate launched in Hong Kong
Hong Kong-headquartered insurer Asia Insurance has become the lead underwriter for a marine war risk syndicate based in Hong Kong.