Captives
Reeves announces consultation on UK captives regime
Rachel Reeves has announced a consultation on a new approach to regulating UK captive insurers in her first Mansion House speech as Chancellor of the Exchequer.
Over half of risk managers think key risks are set to become uninsurable
More than half of risks managers believe that some of the key business activities and locations are set to become uninsurable, a survey by the Federation of European Risk Management Associations has found.
Aviva’s Storah reveals what to expect next from the provider
Aviva UK&I general insurance CEO Jason Storah, along with his chief financial officer Stephen Pond, share what lines they expect to grow the most in the latter half of 2024 and outline their approach to pricing as inflation heads closer to 2%.
Aviva bosses reveal multinational and financial lines ambitions
Aviva’s director of multinational and underwriting director for financial lines have outlined ambitions to write bigger ticket business around the world.
Saga sells Caravan book; CFC’s fintech cover; Lockton’s head of parametric
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
How D-Day was reported by Post
To mark the 80th anniversary of the Normandy landings and D-Day, we dip into our 184-year archive to see what Insurance Post said at the time.
LMG hopes to ‘reenergise’ captives appetite after election hold-up
The London Market Group wants to prevail on the next government to advance work on the creation of a UK captives regime as soon as possible, CEO Caroline Wagstaff has said.
Marsh CEO scores insurers ‘C+’ for innovation
Marsh president and CEO Martin South has said that he would score the insurance industry at best ‘a C+’ for innovation and that market structures are preventing the sector putting client needs first.
Tribunal slams ‘connected’ leasehold insurance arrangement
A tribunal has ruled that leaseholders in a block of flats were overcharged by 145% after it had “not been presented with one item of documentary evidence to suggest that the insurance premiums for the building are competitive”.
Aviva and Howden partner; Ecclesiastical’s Cockrem to retire; Eurochange to launch travel insurance
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz’s claims fraud savings; WTW’s cyber facility; Biba’s London committee chair
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Tories announce captive insurance consultation
A consultation on whether to establish a regulatory framework for captive insurance companies will be launched next Spring, according to the Autumn Statement.
Lloyd’s captive pipeline ‘strong’ as government explores separate regulatory regime
Lloyd’s has signalled that the launch of the market’s first captive syndicates in decades could be close at hand.
Simplifai’s AI tool; Howden’s telematics app; A-One joins Brokerbility
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Capgemini: only 8% of insurers 'Resilience Champions'; Allianz mulls Home & Legacy disposal; CII reports £4.4m deficit; and Questgates buys
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Trade Voice: Airmic's Julia Graham on how captives can help organisations to manage risk in uncertain times
As the turbulence in the world increases and throws up new – and different – risks, now is the time for captives to undergo a renaissance, argues Airmic CEO Julia Graham.
Regulators quizzed on authorisations and competitiveness by Lords committee
Prudential Regulation Authority CEO Sam Woods has said there is “probably” scope to authorise a greater number of insurance entities in response to questions from a House of Lords select committee about the proportionality of regulation faced by market…
Seven things Insurance Post learnt from its senior MGA executive roundtable
Insurance Post, in association with GreenKite Associates, recently held a roundtable attended by CEOs and other executive members from a range of managing general agents.
Direct Line begins green parts trial; Revolut diversifies insurance offering; RSA to recruit more adjusters; and Sabre strikes solus MGA deal
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
FCA lacks ‘precision’ and regulators need greater accountability, inquiry hears
London Market trade body representatives have told a Lords’ inquiry that the regulator’s ‘one size fits all’ approach to insurance must change and more accountability is needed.
Intelligence: Insuring the growing US cannabis market
Last year Malta became the first European nation to legalise cannabis after the United Nations reclassified the drug to recognise its therapeutic uses and – with other EU countries looking to follow suit – Post spoke to the specialists striving to meet…