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Lloyd's of London Ltd
Lloyd’s of London attracts biggest ‘Names’ syndicate since 1990s
...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
March 28, 2024
Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
April 7, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
War in Ukraine
Russian ‘dark fleet’ lacks disaster insurance, leaks suggest
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
March 15, 2024
UK politics
Jeremy Hunt targets further 2p cut in national insurance
...Jeremy Hunt is targeting cutting another 2p off national insurance in a pre-election September mini-Budget that would allow the Conservatives to boast they had halved the rate of the tax in a single year...
April 19, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
March 3, 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
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Six films to watch this week
Sometimes I Think About Dying — Daisy Ridley shows her quiet side in eerie comedy-drama
...Ridley plays introverted, solitary Fran, an office worker in a small town on the Oregon coast....
April 18, 2024
Investor activism
US state leads pushback against company moves to thwart proxy fights
...Ahead of the companies’ annual general meetings this year, Oregon’s state treasurer has asked dissident investors’ board nominees not be “subjected to stricter standards than management nominees” at groups...
January 9, 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
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
LexLloyd's of London Ltd
A Lloyd’s of London revival will require more nimble regulation Premium content
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
March 22, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
Lloyd's of London Ltd
Lloyd’s of London delivers best underwriting performance since 2007
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
March 7, 2024
UK insurance industry
Admiral signals end of car insurance price surge
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
March 7, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
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
Live news: Citadel agrees big expansion of London office space
UK car insurance prices fall for first time in 2 years
...Motorists were quoted £941 on average for an annual insurance policy between January and March, according to a widely watched index of price comparison site quotes published by Confused.com and insurance...
April 18, 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
Insurance
Commercial insurance prices will level off this year says broker Howden
...Speaking to the Financial Times, David Howden, founder and chief executive of insurance and reinsurance broker Howden, predicted the price of business cover would flatten this year as the supply of insurance...
February 18, 2024
UK insurance industry
FCA clamps down on providers of add-on car insurance in UK
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
February 9, 2024
Letter
Letter: A plan to combat cost of climate disaster insurance
...Your Big Read on the home insurance affordability crisis (February 14) adds to an ever-growing body of evidence about the effects of climate change and the case for swifter, deeper action....
March 7, 2024
Private equity
Is private equity’s bet on life insurance turning sour?
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
March 25, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Jeremy Hunt hints at combination of income tax and national insurance
...Chancellor Jeremy Hunt said there were alternatives to a future abolition of national insurance, including combining it with income tax, a day after he announced a further 2p cut to the rate of NI in his...
March 7, 2024
Letter
Letter: Plea for mutual respect
...Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
March 21, 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

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