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Munich Re remains on target despite earthquake losses

The insurance penetration of the Indian Ocean disaster is relatively low, and the insured property losses are likely to be limited due to the sparse concentrations of values, according to Munich Re.

The reinsurer, who said it is too early for accurate figures, expects its own burden to be limited, with a figure currently under €100m (£70m), which would not affect its forecast result for the

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Fair value rules still fail brokers and consumers alike

Four-and-a-half years after the Financial Conduct Authority’s fair value rules arrived, Branko Bjelobaba, principal of compliance consultancy Branko Ltd, argues inconsistent data and vague metrics still make it difficult for brokers and consumers to compare insurance products properly.

Pride exposes prejudice LGBTQ+ individuals face in insurance

Editor’s View: LGBTQ+ network Link’s latest survey shows many insurance professionals still feel pressure to hide parts of themselves at work, which Emma Ann Hughes argues highlights the need for insurers to move beyond Pride branding and ‘pinkwashing’ to build actually inclusive cultures.

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