Energy
Hiscox achieves tenfold increase in H1 profits
Aki Hussain, group chief executive of Hiscox, has revealed how a decision to preserve capital over the last few years has paid off with bumper profits at the start of 2023.
View from the Top: Aviva’s Adam Winslow on insurers’ critical role supporting Net Zero transition
Adam Winslow, CEO of UK & Ireland general insurance at Aviva, says out of sight downsides mustn’t be put out of mind as insurers support Net Zero transition.
WTW collabs with Clyde and Co; Canopius unveils cyber team; Hiscox appoints CIO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aon, Lloyd’s and VIG team up to support Ukraine’s reconstruction
Aon, Lloyd’s, and Vienna Insurance Group committed to providing enhanced reinsurance capacity to support Ukraine’s country’s recovery and reconstruction efforts.
Insurers pledge Brexit dividend won’t go to shareholders
At a Treasury Select Committee hearing this week, spokespeople from the Association of British Insurers, Aviva and Admiral said none of the extra available capital from the end of Solvency II will be given to shareholders as dividends.
Zurich and Core Logic partner; Marshmallow secures extra funding; Lloyd’s appoints CUO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers slammed for ‘abandoning net zero targets’ to back Nordic gas and oil exploration
Greenpeace says insurers are prioritising “dirty profits” over the future of the planet as it names 69 insurers involved with a gas and oil exploration project in Norway.
How insurers are supporting King Charles’ green agenda
To mark HRH King Charles III's coronation, Fiona Nicolson examines the impact of his Sustainable Markets Initiative Insurance Task Force.
Law firm Ince enters into administration
Law firm Ince Group, previously known as Ince Gordon Dadds, is set to appoint administrators after a major creditor withdrew its support following months of cashflow problems.
Gallagher buys Buck; Pen’s latest deal; Spring’s commercial PI binder
Friday Round-Up: Ahead of Good Friday and the Easter Bank Holiday, Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
WTW partners with Sapiens; Zurich expands regional network; Pen UW creates head of IP
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Admiral launches telematics product; Generali partners with Supercede; FCA hires in enforcement
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Are insurers ready for the British space age lift-off?
Analysis: With the British Space Age now a reality, David Worsfold examines how insurers plan to protect those hoping to blast off.
Energy crisis fails to derail insurers from hitting ESG targets
Data analysis: Insurers and reinsurers are managing to stick to their shorter-term goals of cutting underwriting emissions even during the energy crisis.
End of Energy Bill Relief Scheme could be ‘final nail in the coffin’ for SMEs
SMEs could face more hardship as the Energy Bill Relief Scheme comes to an end, after the cost of living and energy crises led to over half a million insolvencies in 2022.
Causes for concern for renewable energy insurers
Analysis: Harry Curtis explores the challenges facing the renewables insurance market and why smaller wind turbines installed over a decade ago are giving providers cause for concern.
Marsh under fire for acting as insurance broker for pipeline
Campaigners Insure Our Future have written to the CEOs of Aon, Gallagher, Marsh and Willis Towers Watson asking them to refuse to broker insurance for the East African Crude Oil Pipeline.
Government seeks insurance support for carbon storage projects
Insurers are being encouraged to come up with solutions for carbon capture and storage projects, with both prospective clients and the UK government leaning on the industry for support.
Hiscox partners with Verisk; RSA launches carers’ policy & QBE restructures trade credit team
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Big Interview: QBE's Jason Harris on the challenges facing insurers
Jason Harris, CEO of QBE International, sits down with Insurance Post to discuss leveraging internal talent, supporting businesses transitioning to net zero and the challenges insurers face in an uncertain world.
Diary of an Insurer: Aviva’s Mel Carter
Early starts, a trip to Prague, plus a joke about feeling 'energised' at a renewable energy conference, and all during the run-up to Christmas. This makes for a busy working week for Mel Carter, renewable energy senior underwriter at Aviva.