News
Three killed from Typhoon Lan in Japan
Category 2 Typhoon Lan has dropped heavy rain and brought strong winds along the Pacific coast of Japan, Tokyo and the north-east.
Harmer halts Asia expansion at IAG
Peter Harmer, CEO of Australian insurer IAG, has said the firm's plans to grow in Asia are on hold and that it will focus on Australia and New Zealand.
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Insurance industry 'one of main influences' of UK cyber resilience, minister says
The insurance industry is at the forefront of helping to increase cyber resilience among businesses in the UK, the minister for digital, Matthew Hancock has said.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
Neon launches Italian underwriting venture
Neon has launched an underwriting operating in Italy with Cambiaso Risso, who will have a minority shareholding in the venture.
Zurich declines to comment on Endsleigh sale rumours
Zurich is reportedly exploring the sale of broker Endsleigh.
Government pushes for collaboration with insurers on cyber security
Both the government and insurers share a join responsibility in setting a standard for cyber security and protecting businesses, the government has said.
Grenfell insurer proposes voluntary scheme for victim payouts: updated
Exclusive: The insurer for Grenfell Tower has sketched out an alternative to lengthy court battles over victim compensation.
Marsh takes aim at commercial mid market
Marsh has dialled up its drive into the commercial mid-market through the launch of a panel offering aimed at mid-sized firms in the UK.
Ironshore Singapore hires Lim
Ironshore Singapore has hired Sam Lim as an underwriter in its political risk team.
Q3 hurricanes to cost Zurich $700m
Switzerland-headquartered global insurer Zurich is estimating its costs from three giant hurricanes that hit the US and Caribbean at $700m (£530m).
Industry calls for driverless cars bill to be 'straightforward'
Insurers have called for laws on driverless cars to be "as straightforward as possible".
Outdated fire regulations putting lives at risk, says ABI
The Association of British Insurers has called for a change to fire safety regulations asking for a clearer framework of responsibility for all those in the protection of buildings from fire.
Pet insurance market breaks £1bn mark in GWP
The UK pet insurance market has continued to see significant growth, breaking the £1bn mark in gross written premiums for the first time in 2016.
Novae adopts Axis brand as deal is completed
Axis has completed its acquisition of Novae, which will be merged into the Bermudan-insurers brand.
Ophelia insurer could face claims of up to £10m
Storm Ophelia could lead to claims costing NFU Mutual £5m - £10m.
Towergate broker RV Wallis in office move
Towergate-owned broker RV Wallis has moved to a larger office in Solihull, however there are no redundancies planned as a result of the move.
XL Catlin to buy 20% of Indian broker
Global insurer XL Catlin is to buy a 20% stake in an Indian insurance broker.
Honan buys Singapore subsidiary of NGA Human Resources
Honan Asia has bought Singapore-based employee benefits broker NGA Benefits for an undisclosed sum.
FERMA 2017: Risk managers warned cyber is a business risk with no boundaries
Sabine Coessens, operational risk manager, Proximus, urged risk managers to return to their offices, check all their policies for cyber cover and get a standalone policy.
Intangible risks affecting businesses could force the insurance market to restructure, says WTW's Aubert
Nicolas Aubert, head of Willis Towers Watson GB, has suggested that the insurance market consider its fundamental structure as the number of intangible risks facing businesses shows no sign of abating.
European Commission urged to delay Insurance Distribution Directive
The ECON committee of the European Parliament has called on the European Commission to delay the application of the Insurance Distribution Directive.
Policy Castle to offer discounts to customers using smart home devices
Digital insurance platform, Policy Castle will be offering discounted home insurance premiums if they have connected devices installed in their home.