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Insurance

  • 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.

  • Revenue doubles for health insurance provider Personal as Brits look for NHS alternative

    September 24, 2024

    Personal Group, a London-listed workforce benefits and health insurance provider, has delivered double digit revenue growth across all areas, as the business credits its strategy

  • Exclusive: Record amount of tax contributed by insurance members of ABI

    September 23, 2024

    The Association of British Insurers has revealed its members contributed a record £18.5bn in tax to the UK’s public finances over the last financial year

  • Lloyd’s of London names Treasury veteran Charles Roxburgh as chair

    September 19, 2024

    Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.

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