United Kingdom (UK)
Global insured disaster losses hit $54bn in 2016: Swiss Re
Natural catastrophes and man-made disasters in 2016 resulted in insured losses of $54bn (£43bn), an increase of 46%, according to Swiss Re's latest Sigma study.
Competition watchdog updates investigation into price comparison sites
The competition watchdog will look into whether price comparison sites could be more transparent.
Blog: Being prepared for a ransomware attack
Imagine this scenario: Your employees walk into the office on a Monday morning, turn on their computers and a message appears demanding payment to access company systems and data.
Discount rate cut could triple PI claims costs: Marsh
Changes to the personal injury discount rate could increase the cost of personal injury claims by as much as three times, according to Marsh.
Top UK insurers revealed to use unsafe credit card practices
A secret shopper survey has found a majority of insurers have potentially unsafe practices over credit card data.
Post People 27 - 31 March
Check out this week's movers and shakers.
Nelson: Regulatory burden hampers Solvency II
The regulatory burden imposed upon insurers by Solvency II hampers a fundamentally good regulatory framework, Lloyd’s chairman John Nelson has said.
Over one third of insurance jobs at risk from robots
Artificial intelligence could place more than a third of jobs in the UK financial and insurance sectors at high risk, according to a report from PWC.
Brokers outline reasons for leaving SSP
Brokers that moved from SSP to a rival software house have spoken about their reasons for leaving.
Prudential CEO pay drops 30% in 2016
Prudential CEO Mike Wells' pay fell by a third to £6.9m 2016, the insurer's annual report has shown.
This week in Post: highs, lows and running with the wolves
It has been a week of highs and lows in our household. My son went on his first Cub sleepover and earned the honour of becoming a Sixer. I, meanwhile, returned to the X-ray machine.
Blog: Using a rainbow to lead across generations
Diversity and inclusion has been a hot topic in the insurance industry for a fair few years, but it took the Insurance Industry Charitable Foundations's conference for me to realise the true breadth of diversity and how it could drive the unlocking of…
Esure CEO to get £1.47m share package by 2020
Esure CEO Stuart Vann will gain options over company shares worth £1.47m as part of an executive incentive deal.
Former QBE Europe CEO Burns named Novae non-executive director
Novae has appointed Steven Burns as an independent non-executive director, to take effect from 31 March 2017.
The Cyber Insurer and Broker Assembly 2017 - as it happened
The Cyber Insurer and Broker Assembly took place on 23 March. Post's journalists reported live from the event.
Sara Mitchell appointed as head of Chubb's corporate division in UK and Ireland
Chubb has appointed Sara Mitchell as head of corporate division in UK and Ireland.
Axis to take £41m Ogden rate hit
Specialty insurer and reinsurer Axis Capital will take a £41m hit from the reduction in the Ogden discount rate.
PI firms will have 'no other choice but to close' following whiplash reform
More jobs could be lost as a result of the government's whiplash reforms than were lost in the South Wales steel industry last year, Access to Justice told Post.
What UK sanctions may look like post-Brexit
2016 was a momentous year that heralded a series of political developments with far-reaching consequences for international trade. Speculation and uncertainty abound about what Brexit means for international trade and sanctions.
Cyber and chemical terrorism are top threats facing business says Pool Re
The increased cyber capabilities and rise in the use of chemical agents by extremist groups are two of the emerging threats facing UK business in 2017, according to Pool Re.
Principal Insurance reports profits surge
Manchester-based Principal Insurance has reported full-year pre-tax profits of £327,109.
Competition is the key challenge facing insurers
Increased industry competition is the biggest challenge to business for general insurers, according to a survey.
Beale rules out Malta as post-Brexit Lloyd's base
Lloyd’s of London has ruled out Malta as the location for a European-based subsidiary, as the market continues to narrow its focus on a post-Brexit contingency plan.
240 jobs at risk as Zurich restructures UK operations
Zurich UK is to shed 240 jobs as the insurer restructures its UK operations.