JP Morgan poaches Monzo’s banking officer to head up Chase UK April 17, 2026 JP Morgan has poached a top executive from Monzo to head up Chase UK. The Wall Street giant has hired Kunal Malani, who has served as chief banking officer at Monzo since 2020, to lead its UK-based digital banking service. Malani has had stints at Barclays and HSBC in his retail banking career before heading [...]
New insurance products for female sports stars must cover fertility care April 12, 2026 With changes to insurance products for female sports stars incoming, Dr Mireia Galian says women can’t be undermined though a lack of consideration for fertility support Maintaining good health and wellbeing goes hand in hand with performance for elite athletes. But for women, there’s an added layer. Women’s health and biology – such as natural [...]
Jet fuel crisis sparks rush for travel insurance as airlines warn of Summer cancellations April 7, 2026 Interest in travel insurance has spiked over the last month after airline bosses warned of cancelled flights amid shortages of jet fuel due to the ongoing energy crisis. Thousands of flights have been cancelled, and more cuts are planned, as global airlines struggle with surging fuel costs and supply issues caused by the war in [...]
Bond traders: Bank of England gilt shake-up would ‘concentrate risks’ in market meltdown April 2, 2026 Bank of England plans to reduce the bond market’s vulnerability to a Liz Truss-style crash would fail to improve financial stability and could make stress points worse, according to gilt traders and hedge funds polled by the Bank. Responses to the central bank’s plans to overhaul its regulation of the gilt repo market showed market [...]
EY’s legal provisions balloon 300 per cent as audit battles mount March 27, 2026 Big Four giant EY has reported a surge of over 300 per cent in its legal provisions, as the firm grapples with the fallout of high-profile audit failures and regulatory crackdowns. According to the firm’s latest results on Companies House, EY didn’t just add a small buffer; it added £188m in new claims-related charges in [...]
Lloyd’s profits surge as Tiernan charts course for ‘efficiency’ era March 19, 2026 Lloyd’s of London has reported a pre-tax profit of £10.6bn, over a 10 per cent increase from the previous year, as its chief executive launches its new five-year strategy. Its gross written premiums climb to £57.9bn, up over 4 per cent. This was driven by volume growth as new syndicates joined the market; however, for [...]
London-based insuretech Loxa bags £2.7m to expand across Europe March 16, 2026 London-based insuretech Loxa has completed a £2.7m seed funding round to expand its embedded insurance platform across the European retail market. The firm secured the investment in three separate tranches from a group of angel investors and family offices. The Lazaroo-Hood Group led the backing with further support from the Angel Investment Network, FundMyPitch, and [...]
Global trade runs on trust – that’s why insurance is important in a time of war March 13, 2026 The Iran conflict could be devastating, but while risks evolve and routes shift, trade continues to find a way, says Benoit Urbin As expected, the latest military escalation involving the United States, Israel and Iran has reintroduced uncertainty into global markets. Energy markets have already come under upward pressure due to the risk of supply [...]
Royal London reports assets under management hitting record high March 6, 2026 Asset management giant Royal London reported assets under management reaching record highs in its latest annual results, boosted by buoyant equities market movements and a key acquisition. Assets under management (AUM) jumped to a record £199bn, up from £173bn the prior year, thanks chiefly to its recent acquisition Dalmore Capital, which brought in £6bn, and [...]
Aviva’s profits surge following Direct Line acquisition March 5, 2026 Aviva’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s overall operating profit increased by 25 per cent to £2.2bn. The group informed shareholders that it achieved its 2026 financial targets one year early, specifically reaching its £2bn operating profit and £1.8bn Solvency II own [...]