International
Proposals for simplified FCA commercial and bespoke rules imminent
Post understands the Financial Conduct Authority is aiming to publish proposals for simplified rules for commercial and bespoke insurance products before the end of the year.
PWC’s launch; Bentley’s insurance product; Howden’s group CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Throwback Thursday: Computer warning; Sedgwick’s expansion
Insurance Post’s Throwback Thursday steps back in time to August 1975 to remind you what was going on this week in insurance history when concerns were raised about reliance on computers and Sedgwick was opening offices in the world’s “developing areas”.
Trump’s card for trade credit insurance
As Donald Trump’s “combative approach” to international commerce creates uncertainty around global trade, Tim Evershed examines the impact on demand for credit insurance as the threat of non-payments grows.
Insurance Post crowned Best Publication at Biba Media Awards
Insurance Post has been named Best Publication at the 43rd British Insurance Brokers’ Association’s Journalist & Media Awards, securing the prestigious accolade for the first time since 2019.
Lloyd’s hails US repeal as win for insurance
Lloyd’s has welcomed the US decision to repeal Section 899 from the reconciliation bill, claiming the move is a boost for international insurers operating in the American market.
Google warns cyber attackers are targeting insurers
Google’s Threat Intelligence Group has warned “the insurance industry should be on high alert” after analysts spotted several US insurers are being targeted using Scattered Spider tactics.
Air India crash claim could reach around £150m
The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData.
Cyber events halt 1 in 7 businesses for at least a day
One in seven businesses have lost a day or more to a cyber event in the last 12 months, according to global research for commercial insurer QBE.
SFO accuses Lloyd's broker of bribery
The Serious Fraud Office has accused a UK-based Lloyd’s broker for failing to prevent associates from bribing state officials in Ecuador.
Marshmallow valued at $2bn after $90m raise
Marshmallow has raised $90m (£68.1m) of funding, putting the firm at a valuation of over $2bn (£1.5bn).
Diary of an Insurer: Rokstone’s Jimmy Heaton
Jimmy Heaton, head of international directors and officers and financial institutions at MGA Rokstone, highlights the importance of sustainable underwriting, professional development, and maintaining a constant dialogue with partners, while pursuing his…
Big Interview: Jimmy Williams, Urban Jungle
Urban Jungle CEO and co-founder Jimmy Williams talks Insurance Post through the insurtech’s growth plans, ability to fundraise in a challenging environment and venture capital-enabled technology advances.
Pool Re reduces taxpayers’ exposure to UK terrorism risk
Pool Re has completed the placement of a new retrocession programme, shifting more of the financial risk arising from acts of terrorism away from taxpayers and back to the private market.
Marshberry reveals the top 20 European insurance brokers
Over a quarter of Europe’s largest 20 brokers are UK domiciled with one of those businesses, Howden the second fastest growing intermediary on the continent, according to the latest European Insurance Distribution market report from Marshberry.
Increased Arctic shipping lane traffic heats up risks
As record numbers of commercial vessels and cruise ships make Arctic Polar Code journeys, Tim Evershed unpicks what this means for the insurance industry.
CII sees rise in qualification numbers
The Chartered Insurance Institute has today reported a 15% annual increase in the number of its insurance qualifications completed in 2024.
Ki and QBE’s partnership; Rokstone’s leadership changes; IUAD’s milestone hit
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Tributes paid to insurance industry veteran Douglas Shillito
Insurance industry veteran and former Post contributor Douglas Shillito passed away on 11 January.
Arch promotes Bottle to UK MD
Arch Insurance International has promoted senior vice president of distribution and strategy Mike Bottle to UK managing director with immediate effect.
Lloyd’s broker CEO under investigation for sexual misconduct
Insurance Post understands the CEO of a Lloyd’s broker is under investigation for sexual misconduct and drug use, among other things.