Brexit
Brexit: 100 days on and counting
Three months on from the Brexit vote, what are the likely implications for the insurance market in the UK?
D&O innovation
With a spate of innovation in the directors’ & officers’ market, how is the cover staying relevant in a constantly changing world?
Treasury Committee's Solvency II inquiry to focus on capital requirements for annuities
The Treasury Committee’s inquiry into Solvency II post-Brexit is likely to examine capital requirements for annuities and potential risks for reinsurers, according to Fitch Ratings.
Interview: Graham Smart, McLarens Europe
It has been three years since Graham Smart took over the role of McLarens Europe MD from Trevor Latimer. He reflects on the challenges the market has faced and what growth opportunities remain.
Treasury Committee Brexit investigation could lead to the end of Solvency II
The Treasury Committee is set to examine Solvency II in the wake of Brexit, with the possibility of exiting the regulatory regime entirely.
AIG and Dechert partner up to provide Brexit advice
AIG UK and global law firm Dechert have partnered up to offer legal advice at no additional cost to AIG policy holders regarding the UK's full divorce from the EU.
Europe: Delegated authority arrangements need to be reviewed ahead of the Iber's expiration
Although the British electorate has voted for Brexit, the UK remains a member of the European Union for the time being, and EU competition law continues to apply in the UK.
Kennedys doubles presence in Dublin as insurers relocate post-Brexit
International law firm Kennedys will double its office space in Dublin as insurers are gearing up to enter the Irish market in the wake of Brexit.
Nelson: Brexit is an opportunity to offload ‘burdensome’ regulation
Lloyd’s chairman John Nelson has called for the UK to abandon “overly burdensome” regulation following Brexit.
Brexit is opportunity to abandon ‘mad’ gender directive
Female drivers in the UK could have saved £500m every year since the European Union’s Gender Directive was introduced.
Lloyd’s chairman hints at post-Brexit EU underwriting hub
Lloyd’s chairman John Nelson has hinted that the corporation would establish an underwriting hub in Europe if the UK loses single market access.
UK unlikely to have a 'bonfire of regulation' following Brexit
There will be no need for a ‘bonfire of regulation’ following Brexit and legal frameworks are unlikely to be disrupted, a report has suggested.
Solicitors' PI: Uncertainty ahead
Most law firms will seek renewal of their professional indemnity insurance this autumn, although an estimated one-third will renew their PII away from 1 October. The announcement that unrated insurer Enterprise has stopped writing new business leaves the…
Europe: Aspiro ruling could increase VAT costs for outsourced services
Every so often a case emerges that threatens significant change to the insurance industry. The recent European Court of Justice decision in the case of Aspiro, a Polish claims handing company, has done just that.
QBE could set up post-Brexit EU entity ‘before 2018’
QBE could set up a legal entity in Europe before the end of next year if a decision over passporting rights has not yet been made.
Admiral CEO predicts 'no material difference' following Brexit despite dramatic drop in solvency ratio
Admiral CEO David Stevens today said that Brexit will make no material difference to the insurer, despite the group seeing a significant drop in its solvency ratio following the out vote.
Brexit will not affect UK Gibraltar business relationship, says Hastings
In light of Hasting’s strong financial results today, chief financial officer Richard Hoskins has said that the group is not concerned about Brexit affecting its growth.
Travel insurance premiums fall by 9% with biggest drop for European policies
Travel insurance premiums have fallen by 9% in the last year, according to the first Consumer Intelligence travel insurance price index.
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.
Improving operating structure and delivery key to RSA group's financial success says Lewis
Steve Lewis, CEO for UK & Western Europe, RSA, believes improving operational structure and delivery has been key to RSA's strong financial results for the first half of 2016.
RSA posts strong global first half results as pre-tax profit grows 20%
RSA's turnaround under CEO Stephen Hester has continued in the first half of 2016.
Interview: Inga Beale, Lloyd's of London
Lloyd’s of London CEO Inga Beale sits down with Jonathan Swift to talk about Brexit, diversity and the need to modernise the market
Biba outlines its top 11 Brexit concerns in letter to senior MPs
The British Insurers Brokers’ Association has sent a letter to members of the government, setting out their member’s opinions on what should be considered as the UK heads towards exiting the European Union.
AIG announces Brexit residency cover for executives
AIG is to cover legal challenges in the event of permanent residency applications being rejected pre Brexit, and the challenges to repatriation orders post Brexit, and part of its Directors' and Officers' policy.