Aon hits insurance rival Howden with lawsuit a month after another settlement November 30, 2023 Insurance broker Howden Group Holdings has been hit with a new lawsuit by Aon, one month after the former settled its other claim. The new claim was filed to the English High Court this week by insurance giant Aon and its subsidiaries Aon UK and Aon Brasil. The lawsuit targeted Howden along with 11 other [...]
Bermuda to London: Hunt plots move to supercharge London insurance market November 29, 2023 The Chancellor, Jeremy Hunt, announced in his Autumn Statement that the Government plans to consult on a new framework to encourage the establishment of captive insurance companies in the UK.
Lloyd’s chair: This Bazball fan thinks the City needs to play with more risk November 23, 2023 Charlie Conchie interviews the biggest names in the City. This week it's MCC and Lloyd's of London Chair, Bruce Carnegie-Brown.
Footballers suffered worse injuries after Qatar World Cup, shocking study finds November 19, 2023 The Premier League had the second most injuries last season.
Aviva posts 13 per cent rise in nine-month premiums November 16, 2023 This morning Aviva posted a 13 per cent rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.
Lloyd’s of London SPAC venture scrapped due to volatile markets November 13, 2023 Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash commitments due to volatile capital markets.
Aviva ‘immoral’ as row over defence company investment hots up November 6, 2023 Defence secretary Grant Shapps has warned insurance giant Aviva against 'immorally' divesting from defence companies.
Home insurance prices forecast to rise by a third as firms hike premiums October 29, 2023 Home insurance prices are forecast to jump by more than a third in the next two years as the industry hikes premiums to keep up with the cost of claims, according to new research. Insurers posted their worst net combined ratio – measuring claims and costs as a proportion of premiums – in three decades [...]
Car insurance premiums hit record highs as claims costs surge October 13, 2023 Car insurance premiums have hit record highs as insurers battle rising claims and heightened costs related to insuring electric vehicles, according to new data.
Lloyd’s set to resist pleas for direct compensation over slavery role October 11, 2023 Lloyd's of London is resisting calls to make direct financial reparations over its role in the slave trade.