FCA to review UK premium finance market amid price hike concerns October 16, 2024 The UK's financial regulator is to review Britain's premium finance market amid worries that consumers who borrow to pay for insurance may not be getting fair or competitive deals.
Listed insurer Saga in ‘exclusive negotiations’ with Ageas to sell underwriting business October 11, 2024 Listed-British insurer Saga is in exclusive negotiations with Belgium-based insurer Ageas, which result in the sale of Saga's insurance underwriting business
Hurricane Milton: Global insurance industry bracing for colossal losses October 10, 2024 As Hurricane Milton, a category three storm rips through the central west coast of Florida, the global insurance industry is bracing for losses of up to $100bn
Global trade at risk: Lloyd’s forecasts over $14 trillion economic fallout from conflicts October 9, 2024 Lloyd's of London warns that a potential geopolitical conflict could devastate the global economy, triggering $14.5 tn in losses over the next five years and upending global trade
UK insurers brace for major Hurricane Milton set to hit Florida October 7, 2024 Shares in London-listed insurers dropped on Monday as the market braces for costs tied to Hurricane Milton, a major storm expected to hit Florida by Wednesday.
Ageas: Belgian insurer mulls UK takeover after failed Direct Line bid October 6, 2024 Belgian insurance giant Ageas is open to making further takeover bids for British companies after a failed attempt to snap up Direct Line earlier this year.
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
Saga in talks with Belgium’s Ageas over insurance deal October 2, 2024 Saga, the British financial services and travel provider for over-50s, has said that it is in talks with Ageas for a deal involving its insurance arm as it looks to reduce debt.
Lloyd’s of London investor sees premiums soar thanks to bumper market September 27, 2024 Helios Underwriting's gross written premiums surged to £230m after Lloyd’s market has "exceptionally good" market conditions
Industry crackdown as insurance scams surge September 26, 2024 The UK insurance industry identified £1.1bn worth of fraudulent claims last year, highlighting the importance of focusing on tackling bogus insurance claims.