Brexit
Q&A: Mike Brown and Alistair Kinley, BLM
The insurance industry is currently battling with a multitude of uncertainties: Brexit, Ogden, and the impact of technology. Mike Brown, senior partner, and Alistair Kinley, director of policy and government affairs, BLM, spoke to Post about how those…
Irish regulator seeks Brexit contingency plans from insurers
Ireland’s insurance regulator has raised concerns over contingency planning of the sector in the run-up to Brexit.
Japanese insurer to establish Brexit base in Luxembourg
Japanese insurer Aioi Nissay Dowa is restructuring its European operations in preparation for Brexit.
Digital Insurance World 2017: Brexit will impact investment into UK insurtech
There are remaining uncertainties surrounding Brexit contingency plans and how a divorce from the European Union will affect investment into insurtech.
MPs urge PRA to review Solvency II
The Prudential Regulation Authority must develop proposals to remove the limitations of Solvency II for the insurance market, MPs have said.
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Brightside's Mark Cliff on the impact of the discount rate for brokers
Insurers have been vocal about their feelings about the discount rate but Mark Cliff, executive chairman at Brightside Group, notes this has also affected brokers, who have been at the sharp end of market turmoil.
Hammond admits post-Brexit loss of passporting could ‘create legal uncertainties’
The UK government has admitted it is aware of the legal challenges posed by a potential loss of passporting rights.
Marsh's Joe Grogan on catering for the mid-market
Joe Grogan, CEO of corporate division at Marsh, says the insurance offering for mid-market firms is too disjointed and complex.
International: Escape to Canada
The Canadian market offers unique opportunities for UK brokers, explains Servca's managing director Nomaan Jamal.
Industry needs to educate public on 'big ticket' Ogden decision, City Minister warns
Industry needs to join government in educating the public on the change to the Ogden discount rate, City Minister Stephen Barclay MP said.
Beazley begins writing out of Dublin base
Beazley has underwritten its first policies from its base in Dublin.
Eight out 10 brokers confident over London’s post-Brexit prospects
Eight out 10 London market brokers remain bullish over the prospect of the capital retaining its global position in the wake of Brexit.
Q&A: Chris Smith, Mapfre Global Risks
Mapfre Global Risks is working on a UK retail proposition, says Chris Smith, chief regions and markets officer – International.
Interview: Tulsi Naidu, Zurich
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Everest Re gains approval for Dublin post-Brexit hub
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
This Week in Post: Deal or no deal?
“You can watch Go Jetters if you let me tie your hair” is the type of deal you sometimes need to strike with your toddler if you want to get things done. Of course, you shouldn’t negotiate with mini-terrorists but there is nothing wrong with a win-win…
Foil's Nigel Teasdale on engaging with Europe after Brexit
The UK's Brexit Withdrawal Bill is making its way through parliament but Nigel Teasdale, president of the Forum of Insurance Lawyers and partner at DWF, believes this will make interactions with the European Union even more important for the insurance…
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
XL Group chooses Dublin as its post-Brexit location
XL Catlin has chosen Dublin as its post-Brexit location for its principal European Union insurance company, XL Insurance Company SE.
UK businesses call for three-year Brexit transitional deal
Insurers have joined more than 100 businesses in signing a letter to the Brexit negotiators asking for a transition period of up to three years.
Nicky Morgan urges Chancellor to make a decision on long-standing insurance contracts before Brexit
Chair of the Treasury Committee, Nicky Morgan MP, has written to Chancellor Philip Hammond on the issue of how cross-border insurance contracts will be managed after Brexit.
AIG's Baldwin on how the London Market should view Brexit
As Brexit discussions continue, Anthony Baldwin, CEO of AIG Europe and AIG UK, asks if the London Market should be die-hard Brexiteers, cautious optimists, accepting pragmatists or devastated pessimists.