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UK insurance industry
MS Amlin sets growth plan after underwriting turnaround
...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
March 12, 2024
Tokio Marine Holdings Inc
Tokio Marine warns on insurers backing away from climate risks
...The head of Tokio Marine has said the Japanese insurance company “cannot run away from” natural catastrophe risk despite deepening concerns among investors and policymakers over rising industry losses linked...
November 28, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 4 September237 Park Avenue, New York, NY, USA
Lloyd's of London Ltd
Lloyd’s of London attracts biggest ‘Names’ syndicate since 1990s
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
March 28, 2024
Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
April 7, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...Lemonade, whose shares have fallen more than 70 per cent since its first day of trading in New York in 2020, provides a range of insurance including for homes, pets and cars to customers in the US and Europe...
March 3, 2024
Rana Foroohar
The crippling home insurance crisis hitting America
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
April 29, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
The FT ViewThe editorial board
The painful rise in home insurance costs
...The lack of affordable property insurance has even driven some to move home....
April 1, 2024
News updates from January 19: S&P 500 closes at record high, Ford cuts production of electric truck
Travelers shares surge 7% after insurer doubles quarterly net profit
...The car, home and business insurer, whose results often set the tone for the insurance earnings season, managed an improved combined ratio — claims and expenses as a proportion of premiums — of 85.8 per...
January 19, 2024
Travel
In search of South Africa’s ‘Marine Big Five’
...The ocean had calmed down sufficiently for Grootbos to arrange trips with aquatic tours company Marine Dynamics to spot fleeting dolphins, migratory southern right whales and unfathomable numbers of cape...
April 17, 2024
UK insurance industry
UK home insurers hit by surge in weather damage claims
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
April 14, 2024
Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
April 7, 2024
UK insurance industry
Floods will add to rising UK home insurance bills
...The costs of core insurance products, such as home and motor insurance, have come under increased scrutiny amid a cost-of-living squeeze on UK households....
January 5, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
March 27, 2024
Zurich Insurance Group AG
Zurich’s sale of $20bn life insurance book to PE-backed group collapses
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
January 30, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
March 28, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexLloyd's of London Ltd
A Lloyd’s of London revival will require more nimble regulation Premium content
...The work-from-home trend made for a listless atmosphere at its City headquarters. Now numbers are back to nearly four-fifths of pre-pandemic levels, Tuesdays and Thursdays....
March 22, 2024
Climate change
EU regulator urges action on climate threat to insurance
...Floods in Italy, Germany and elsewhere last year led to further rises in the price of insuring homes and businesses against severe weather....
April 22, 2024
National Health Service
NHS strains set to drive private health insurance growth
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
January 12, 2024
Tefaf Maastricht 2024
Battle to keep sculpture in Britain highlights European museums’ struggles
...The overall effect is drastically to reduce the value of works because it discourages buyers who do not live in the country or have homes there. This has curtailed the art market in Italy....
March 2, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
April 18, 2024
Greensill Capital
Greensill insurer IAG turns fire on rivals in battle over investor losses
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
November 2, 2023
John Gapper
The black box that could ease your car insurance problems
...But public car insurance would be even harder to design than flood-zone home insurance: how would any government limit the number it covered?...
January 19, 2024
Due Diligence
Barbarians at the toll road Premium content
...the company in as many years....
March 26, 2024
News in-depthUS insurance industry
Traditional insurers are ‘like frogs getting boiled’, says industry veteran
...The company eventually put a quarter of its customer premiums into various private asset classes including middle market corporate loans and vehicles that bought single-family homes....
April 28, 2024
Aviva PLC
Aviva returns to Lloyd’s of London for first time in two decades
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
March 4, 2024

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