International
Q&A: Alexander Beaton, CFC
With incidents of piracy on the increase, Alexander Beaton, the team leader of kidnap and ransom at CFC, explains why the insurer launched a tech-enabled marine product designed to remove ambiguity from vessel cover.
Iran missile strikes spark risk repricing
The joint assault by Israel and the United States against Iran have sent shockwaves through global insurance markets, triggering risk repricing and renewed scrutiny of accumulation exposure across marine, aviation and specialty lines.
Bspoke's capacity deal; Mission's MGA launch; Hiscox's CUO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Dunny or delight? Rating Australian forays into UK insurance
Content Director’s View: With Australian firm AUB Group doubling down on its UK growth plans with a deal for Prestige Insurance Holdings, Jonathan Swift reviews other notable Antipodean overseas insurance expansion plans to assess its chances of success.
Aviva’s minifleet proposition; Antares’ restructuring; IUAD’s board member
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cytora x Pilotbird; Amiga’s Lloyd’s capacity; Gallagher’s tax appointment
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
AIG buys Salford City FC; Prestige x Urban Jungle; Biba’s deputy chair
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
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.
Alps' Gap product; Westfield partners with Insurwave; Gallagher’s NED
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
PRA promises to help build ‘internationally competitive’ captives regime
Shoib Khan, director of insurance supervision at the Bank of England, has said the government's upcoming captives regime will endeavour to be “internationally competitive”.
Marsh and Allianz lead winners at CII Exam Awards
This year’s Chartered Insurance Institute Apprenticeship Awards and Qualification Prizegiving saw several major insurance groups collect multiple honours.
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).