Covid BI: Final stage for lawsuits that put insurance lawyers into the spotlight January 22, 2025 Following covid pandemic, an influx of business interruption cases put insurance lawyers into the spotlight. Now these cases are facing the final stage in court.
Aon: Pioneering Risk Analytics in a World of Shifting Sands January 21, 2025 The global insurance market is a complex and dynamic landscape, constantly reshaped by emerging risks, technological advancements, and shifting economic tides. To navigate this evolving terrain, businesses need a partner that can provide clarity, foresight, and innovative solutions. Aon, a leading global professional services firm, is rising to this challenge with its cutting-edge analytics capabilities, driven by [...]
Los Angeles wildfires could result in $15bn US insurance losses January 10, 2025 Early estimates of the wildfires engulfing Los Angeles county may rapidly deplete the catastrophe budgets of US primary insurers
Lloyd’s of London CEO John Neal set to join Aon January 8, 2025 Lloyd's of London chief executive officer John Neal is set to leave his position this year to join Aon
Lloyd’s of London insurer snubs the City with New York IPO plans January 6, 2025 A Lloyd’s of London insurer has dealt a fresh blow to the City by snubbing the London Stock Exchange in favour of New York for its planned IPO, piling fresh pressure on the capital’s bourse after it shrank at the fastest pace on record last year. Aspen Insurance, an underwriting firm which operates out of [...]
Geopolitics, property and the London marketplace: Here’s what’s in store for insurance next year December 30, 2024 Insurance market in 2024 was defined by record floods and soaring premiums. So what are expects predicting for 2025?
Direct Line agrees £3.7bn Aviva takeover December 23, 2024 Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this morning, Direct Line’s board endorsed Aviva’s latest £3.7bn offer for the business. Under the terms of the deal, shareholders will receive 0.2867 Aviva shares, along [...]
I’m putting Markel International ‘on the map’, says president December 19, 2024 The London insurance market is the "jewel in the crown'", it's no surprise that US insurer Markel International has the City at the heart of its strategy
The intersection between the capital markets and the insurance industry December 17, 2024 Insurance is part of the DNA of global capitalism, but due to concerns around complexity and liquidity, the market has historically struggled to attract the capital needed for growth. Aon’s Capital Advisory division works with insurance clients to enhance return on capital by matching risk with capital to make better business decisions. It’s been built [...]
Ageas to acquire part of Saga’s insurance business in 20-year deal December 16, 2024 Saga, the financial services and travel provider for over-50s, has begun a 20-year partnership for motor and home insurance with Belgian insurance giant Ageas. Ageas’ UK arm will take over Saga’s price-comparison website, pricing, claims and customer service activities, while Saga will hold onto brand and direct marketing. Under the terms of the deal, Saga [...]