Auto-enrolment closed the gap but more needs to be done, says pension minister February 3, 2026 The introduction of auto-enrolment in 2012 helped boost pension savings, but more needs to be done to encourage people to save for retirement, a leading government official has said. Speaking at the Association of British Insurers conference, pensions minister Torsten Bell acknowledged the importance of auto enrolment, with savings rates for eligible workplace employees doubling [...]
Insurance industry must do more to build consumer trust, says FCA deputy executive February 3, 2026 The insurance industry must do more to build consumer trust amid outdated practices and a flurry of corporate scandals, the boss of Britain’s financial regulator has said. Speaking at the annual Association of British Insurers conference, Sarah Pritchard, deputy chief executive of the Financial Conduct Authority (FCA), noted that despite ongoing innovation within the sector [...]
Allianz serves up Jannik Sinner partnership January 29, 2026 Reigning Wimbledon champion Jannik Sinner has penned a multi-year deal with Allianz. The Italian, who takes on Novak Djokovic on Friday in the Australian Open semi-finals, has inked a partnership with the insurance giant that will see him become a global brand ambassador. Sinner said he would be looking “forward to building a collaboration with [...]
Private medical insurance claims rise as City workers seek quicker care January 26, 2026 Diagnostic tests top private medical insurance claims as City workers increasingly seek coverage for everyday health needs. According to data from Howden, diagnostic tests and scans are number one across all categories, except for those over 65. This comes as the NHS waiting list has started to fall in recent months, yet 7.31m people across [...]
Wes Streeting: Progress on NHS delays as private insurance soars January 22, 2026 Employer-provided health insurance coverage has reached a 30-year high, with 4.8m people now covered, as businesses ramped up employment benefits amid the NHS backlog. UK health insurers paid out a record £4bn in 2024, averaging £11m every day, according to new figures by the ABI. Despite NHS data showing that the waiting list fell by [...]
Zurich makes £7.7bn play for Beazley after FTSE 100 firm rejected first offer January 19, 2026 Zurich Insurance Group has launched its second public pursuit of Lloyd’s of London prominent underwriter Beazley with a revised proposal at 1.280 pence per share, valuing the firm at just under £8bn. At the start of the month, Zurich privately submitted a proposal to the Beazley board to acquire 100 per cent of the company [...]
CVC and AIG forge landmark $3.5bn investment alliance January 19, 2026 Private equity firm CVC Capital Partners announced a $3.5bn (£2.61bn) strategic partnership with American International Group (AIG) to support “long-term investment objectives”. As part of the agreement, announced on Monday, AIG will act as a ‘cornerstone investor’, a private equity secondaries evergreen platform, contributing up to $1.5bn from AIG’s existing private equity portfolio. This aims [...]
Insurance giants are no longer afraid to sue competitors over ‘team poaching’ January 15, 2026 London’s insurance sector is becoming increasingly litigious as the battle for niche talent intensifies, after a wave of High Court cases suggests ‘team poaching’ has become a legal flashpoint. If, like me, you are glued to the court filing system, you’ll have seen a noticeable uptick in lawsuits over restrictive covenants going to London’s High [...]
Why we should all talk about (and insure against) death January 14, 2026 Brits are naturally squeamish about death. But talking about the subject, and managing it financially, can be a gift for our loved ones.
City businesses warned of disruptions from surge in protests January 9, 2026 City based businesses are being warned to brace for a potential rise in damage or disruption next year, as the UK is predicted to see an increase in protest activity in 2026. A new analysis by Verisk Maplecroft suggests Europe will be among the regions most exposed to protest-related disruption in the coming 12 months, [...]