Insurer
London floods are manageable, insurers say
Despite putting a dampener on summer, flooding last week in London is small-scale, according to insurers.
Advisers warn of 'messy divorce' ahead with EU
Post-Brexit negotiations will be tough going and UK businesses must cooperate with EU member states.
Blog: Cooking calamities - More than 38% of house fires start in the kitchen
Understandably, there is a great deal of focus right now on managing flood risks but looking at household fire claims, the number and cost of these claims have also changed quite significantly in a relatively short period of time.
C-Suite Insurer: AIG's Anthony Baldwin on future-proofing our underwriters
When you meet someone at a party and tell them you’re in insurance, what reaction do you get? A shrug, a swift change of subject, or possibly the sight of your new acquaintance’s back as they head off to find someone more interesting to talk to.
Mutuals: Mutual attraction
Mutuals in the general insurance market are causing their publicly owned rivals to sit up and take notice
Insurers see shares fall on second day of post-Brexit trading
The country’s top insurers saw shares fall on the second day of trading following the Brexit vote, despite efforts to calm the market.
Hiscox launches renovation and extension product
Hiscox has launched a new renovation and extension insurance product, which protects homeowners undertaking sizeable building works on their property.
Grimsby businessman jailed over £114k insurance scam
A businessman has been jailed for faking and forging a number of invoices and documents as part of a £114,000 insurance fraud linked to his kitchen sales business.
Brexit dominates the news; Axa can meet new COR target says Blanc and Lloyd's gets up to speed on digital
The important insurance news and Post exclusives of the past week, in case you missed them.
QBE attempts to reassure investors following Brexit
QBE Insurance Group attempted to calm investors ahead of the opening of the Australian stock exchange this morning with a statement claiming they do not anticipate any material impact on their day to day operations following the UK’s vote to leave the EU.
Aviva upgraded after insurer moves to quell investor concerns post Brexit vote
Investment adviser Macquarie has lowered its price target for Aviva to 442p from 502p and upgraded the stock to 'outperform' from 'neutral' following the UK’s vote to leave the EU last week.
UK faces future from "position of strength", says Osborne
Chancellor George Osborne has said there are no immediate plans for an emergency budget and that he will stay on in his role.
Trade Voice: CILA's Malcolm Hyde on Christmas and New Year with Desmond, Eva and Frank
For some, Christmas and New Year can be a stressful time. Add storms Desmond, Eva and Frank into the mix and the festivities become a seemingly endless time of misery.
UK Eva-Frank flood damages downgraded to £538m
Damages from flooding earlier this year are less than originally thought, Perils has said.
New passporting agreement with EU ‘will be straightforward’
Brexit will have little impact on the financial services sector and a workable agreement with the European Union will be “straightforward”, according to Managing Partners Group.
Direct Line sees more than 200 lightning claims
Direct line has seen more than 200 claims for lightning damage to homes so far this month, with some claims worth up to almost £46,000.
FERMA elects new board members
The Federation of European Risk Management Associations today elected three new board members with hopes of generating fresh perspectives.
XL Group to redomicile to Bermuda from Ireland
XL ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the parent holding company to Bermuda from Ireland.
Editor's comment: A time to come together
The UK electorate has had its say and the decision is for the UK to leave the European Union.
Blog: Brexit - How much preparation has gone on behind the scenes?
Post made hay with a Freedom of Information request earlier this month, which revealed that the industry’s two main regulators had not carried out a formal review of the regulatory and financial impact of a Brexit.
Leave vote will 'significantly damage' insurance market, analysts say
Today’s leave vote has the potential to significantly damage the UK insurance market, several analysts have claimed.
AIG 'evaluating options' following leave vote
AIG are “evaluating their options” following today’s Brexit vote after stating earlier this month that they were considering a new hub elsewhere in Europe if the UK votes to leave.
Brexit: Gender directive too costly too reverse claims AA
The prospect of gender equality for motor insurance being overturned has been raised and dismissed in the wake of UK voters electing to leave the European Union.
Insurance M&A activity will slow following leave vote
Insurance sector transactional activity will slow following today's leave vote, RPC has said.