Brexit
LMG seeks new EU cross-border deal for market
The London Market Group has called for a new trade deal between the UK and the European Union that will allow insurers to operate across borders.
AIG to establish post-Brexit EU hub in Luxembourg
AIG will move its Europe operations from the UK to Luxembourg ahead of Brexit.
Interview: Ross Barrington, Markerstudy
Ross Barrington was recently appointed managing director of retail at Markerstudy. Will Kirkman sat down with him to discuss what lies ahead for him and the group.
Biba confirms active role in IDD consultation
The British Insurance Brokers’ Association said it will play an active role in the consultation over the UK implementation of the insurance distribution directive.
JLT backtracks on Brexit contingency plan statements
JLT has backtracked on earlier statements made in the year on the group’s contingency plans for Brexit.
Hiscox shortlists two locations for post-Brexit base
Lloyd’s of London underwriter Hiscox said it has shortlisted two European Union countries and was in talks with regulators to set up a new insurance base to continue servicing clients after Britain leaves the EU.
QBE looks to move £500m of business to new territory
QBE will move £500m of business, around 20% of its European operation, out of the UK in the wake of Brexit.
'Mixed bag' for London market says Hiscox MD
Hiscox’s London market business has presented an inconsistent and mixed operating year for the insurer, according to Steve Langan, CEO of Hiscox Insurance.
This week: Personal injury, fundamental flaws and results
Personal injury took on a new meaning for me this week when I discovered a bruised ankle picked up during a recent paragliding adventure was actually a bad break.
Solvency II risk margin is ‘fundamentally flawed’: PRA
Solvency II is broadly fine but there are some bugs that need to be ironed out, the CEO of the Prudential Regulation Authority has said.
Interview: Jim Bichard, PWC
When the referendum result came in on 24 June last year, there was a moment of disbelief in the market. Many business leaders were forced to re-examine what exposures they faced and what steps they needed to take next.
Tax and exchange rates set to push up home insurance costs
Tax and exchange rates will push up home insurance costs with the average premium rising by 1.8% to £124.
Brokers have seen no loss of business from Brexit vote
Brokers have not seen a drop in appetite for UK insurance products since the EU referendum vote last June.
What UK sanctions may look like post-Brexit
2016 was a momentous year that heralded a series of political developments with far-reaching consequences for international trade. Speculation and uncertainty abound about what Brexit means for international trade and sanctions.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Brexit whitepaper confirms UK will negotiate for financial free trade
The government’s Brexit whitepaper has reaffirmed Theresa May’s promise to negotiate the freest possible trade in financial services between the UK and the European Union.
Post Power List 2017: Richard Pryce
CEO, QBE European Operations
Post Power List 2017: Michel Barnier
Chief Brexit negotiator at the European Commission
Post Power List 2017: Theresa May
Prime Minister and leader of the Conservative Party
Editor's comment: The concept of power
Another year and another Power List from your team at Post.
This week: Decisions, scorecards and a viable alternative
After a slow start to 2017 I suddenly had lots of decisions to make this week about holidays, extracurricular activites and building plans (for my extension).
Blog: Brexit could have heavy impact on construction
Seven months on from the UK's decision to leave the European Union, uncertainty and speculation about the implications continue to face UK businesses.
Government publishes bill to trigger Article 50
The government’s bill to trigger Article 50 and exit the European Union has been published today with a Parliamentary debate scheduled to take place on Tuesday of next week.
UK could be downrated as a result of Brexit, says Fitch
A hard Brexit may lead to the UK's sovereign rating being downgraded.