Scotland
Redundancies confirmed as Intact restructures regional leadership
Intact UK has confirmed to Insurance Post that it has made changes within its regional leadership structure, and that up to 35 job roles will be lost.
Insurance job numbers bounce back after Covid
The number of financial services and general insurance jobs in the UK has increased 5% in the last decade, led by London and Wales, while regions like Yorkshire and Midlands seeing fewer hires or stagnation.
Insurance pay gap persists as Cardiff and Newcastle trail London
In the last decade, the number of general insurance jobs in Wales and Northern Ireland has grown more than in other regions but pay remains far behind the salaries achieved in London - exposing deep regional divides for employers to navigate.
Storm Éowyn losses creep up again to £650m
Perils has increased its industry loss estimate for Storm Éowyn for a third time from €696m (£592m) to €747m (£650m).
Claims service improves but regional delivery varies
The general insurance market overall is continuing its improvement in claims service at the start of 2025 but there is massive variation between the best and worst performing providers plus significant variations depending on where brokers are located in…
Palestine Action targets Aviva in Manchester
Palestine Action has targeted Aviva’s Manchester office in its third consecutive day of action against insurers over links to weapons manufacturer Elbit Systems.
More claims expected from Storm Éowyn after 800% initial spike
Storm Éowyn caused an eightfold increase in claims notifications within an hour of hitting Northern Ireland last week, loss adjuster Crawford has reported.
Lord Chancellor announces UK-consistent Ogden rate
Lord Chancellor Shabana Mahmood has announced her intention to increase the personal injury discount rate to 0.5% from -0.25%, in line with Scotland and Northern Ireland.
Ogden Rate shift hailed as ‘sensible and fair’
The personal injury discount rates in Scotland and Northern Ireland have been positively updated, prompting welcoming reactions from across the industry.
Aviva revamps financial lines management and pushes into Scotland
Aviva has announced several new hires in its financial lines team, including underwriters that expand its presence into Scotland.
Pace of motor insurance inflation starts to slow
Data analysis: While comprehensive car insurance premiums increased sharply by 58% (£366) during 2023, Emma Ann Hughes examines how the latest data suggests drivers will not face as big a bumph in the cost of cover this year.
Perils updates Storm Babet damage valuation to £586m
Perils stated £467m of the losses from Storm Babet and Aline occurred in the UK and were mainly flood-related.
Big Interview: Swiss Re CEO Jason Richards
Jason Richards, CEO of Swiss Re in the UK and Ireland, on why having colleagues back in the office is essential for the insurance ecosystem, and why carriers needs to shout about what the industry does to attract fresh talent.
Storm Babet to cost insurers at least £450m
Fresh estimates from PWC calculate the costs of damage due to the severe weather caused by storm Babet to be between £450m and £650m.
Causes for concern for renewable energy insurers
Analysis: Harry Curtis explores the challenges facing the renewables insurance market and why smaller wind turbines installed over a decade ago are giving providers cause for concern.
Hiscox partners with Verisk; RSA launches carers’ policy & QBE restructures trade credit team
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva reshuffles claims legal panel; Minster Law partners with AA; Flood Re adds a NED
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
The insurance challenges facing churches this Christmas
As the cost-of-living crisis causes many to feel the pinch this Christmas churches and places of worship have been undergoing a transformation when it comes to the use of the house of God, one that the specialist insurers in the market have had to…
Aviva confirms acquisition of Azur’s HNW business; Quotech raises £1m from Convex and angel investors; FinTech Scotland partners with Finance Isle of Man; and Jensten Group buys J Bennett & Son
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Howden acquires Tiger Risk; JMG buys GS Group; Allianz and Ifed secure convictions for fraudsters; and First Central in CMT tie-up
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers wasting time and putting public at risk with fruitless CCTV requests
Exclusive: Claims handlers are badgering Traffic Scotland with requests for CCTV footage – but insurers may be pointlessly taking resources away from public safety matters.