Investment returns
AIG court case against private investors continues
A professional indemnity insurance appeal brought by AIG Europe against private investors will be heard in the Supreme Court on Monday, 10 October 2016.
Regulation is 'number one threat to insurer investment'
UK insurers view regulatory risk as the number one concern effecting a firms’ investment strategy, according to the global insurance survey.
Target Global backs Financefox with largest ever European insurtech round
Insurtech app Financefox has revealed that it has raised $28m (£21.6m), the largest insurtech round in Europe to date, led by Target Global and Horizons Ventures.
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.
Europe's insurance market grows despite 'needlessly expensive' Solvency II
Europe’s insurance industry had almost €9800bn invested in bonds, company shares and other assets in 2015, representing a 1.7% increase on the previous year.
German non-life premiums to continue rising to offset declining investment yields
German non-life insurers will continue to increase premiums to offset declining yields on their investment portfolios, Fitch Ratings has predicted.
PRIIPs deadlines putting pressure on financial services companies
Nine out of 10 financial services firms say they are concerned by the short deadline they have to produce paperwork for impending EU law on investment products.
Bermudian insurance giant behind largest UK insurtech start-up investment
Insurtech start-up Buzzmove has closed a £6m super-seed round led by Bermuda-based White Mountains Insurance Group.
Insurers could be hit by exposure to fossil fuel assets
Insurers could face billions of pounds of potential losses from investment in fossil fuels, as the sector has failed to carry out risk assessment on the impact of climate change regulation.
Hastings Group remains focused on competitive pricing as GWP grows 28%
Hastings Group's half year results, released today, revealed gowth in profit, gross written premiums and policies.
Europe: Measuring the cost of liquidity under Solvency II: fund or deposit?
Liquidity funds have been receiving increased attention from insurance companies. Indeed, some banks in developed markets are reducing their appetite for short-dated funding from non-bank financial institutions.
Natural catastrophes hit Munich Re's first half profits; CEO warns on Brexit
Reinsurer on track despite Munich Re's 24.4% first half operating profit fall to €1.4bn (£1.2bn) compared with €1.9bn in H1 2015.
Profits up 76% at venture capital group BP Marsh
BP Marsh has seen a strong growth in its profit after tax with the company taking in £8.7m in the year to January 31 2016, up from £4.9m for the same period last year.
C-Suite Insurer: Lloyds Banking Group's Bill Cooper on securing better returns on investments
The current environment for insurers and brokers remains challenging as they continue to wrestle with the cost of regulatory change, shifting consumer habits and very low interest rates
Axa quits investing in tobacco
Axa has announced it will stop investing in the tobacco industry where it invests more than €1.7bn (£1.3bn).
Insurtech investment rises threefold to £1.57bn
Investments in insurance technology businesses more than tripled last year, according to research by Accenture.
UN chief urges insurers to ‘green’ investments to manage climate risk
United Nations secretary-general Ban Ki-Moon has urged the insurance industry to "green" its investment portfolios and double its investment in clean energy to help manage the impact of climate change.
London market insurers will struggle with investment returns in 2016
Investment income will remain a sticking point for London market insurers as reserves are hit by low rates in popular short-term investments, according to a report by Fitch Ratings.
Simply Business indicates growth appetite after Aquiline purchase
SME broker Simply Business is expecting a "suite of investments" following its purchase by Aquiline Capital Partners, as CEO Jason Stockwood said the two companies have a shared ambition.
Simply Business sold by Anacap to ERS-owner Aquiline
Private equity firm Anacap has sold SME broker Simply Business to Aquiline Capital Partners, generating a return of 4.5-times its original investment in 2013.
Ongoing losses forecast for Co-op Insurance as transformation continues
Co-operative Insurance expects 2016 to be another loss-making year due to continuing investment in its transformation programme, as the business this week reported a £66.1m statutory loss.
Speedy payments and 3D printing among initiatives in industry's push to digitise claims
A swathe of initiatives to digitise the claims process are being rolled out by insurance sector companies including harnessing 3D-printing technology and initiatives that result in settlements being paid to customers in minutes rather than days.
Highbridge investment returns Broker Network to its 'roots' claims boss Fairchild
Highbridge's majority stake acquisition of Broker Network brings it "back to its roots" as an independent network for independent insurance brokers, according to CEO Andy Fairchild.
Divestments expected from AIG in strategic statement
AIG CEO Peter Hancock is expected to outline his strategy for the company including support for divesting non-core parts of the business in a live webcast tomorrow (26 January), reports claim.