Amazon Pulls Plug on UK Home Insurance Venture January 25, 2024 By L.S. Howard Amazon has pulled the plug on its UK home insurance venture – a comparison website – after launching in October...
Reinsurance Market Likely to Begin Softening in 2025 as Capacity Rises in 2024: Fitch January 25, 2024 By L.S. Howard Reinsurers’ underwriting margins are expected to peak in 2024 on the significant price rises and tighter terms and conditions achieved...
Cyclone Kirrily Makes Landfall in Australia as Severe Storm January 25, 2024 By Keira Wright Australia is being lashed by damaging winds and heavy rainfall as Severe Tropical Cyclone Kirrily makes landfall, the biggest system...
EU Auditors Say Real CO2 Emissions From Most Cars Have Not Fallen January 25, 2024 By Benoit Van Overstraeten Real CO2 emissions from most passenger cars on EU roads are the same as 12 years ago despite reduction targets...
After $70 Billion Hit, Insurers Wake Up to Growing Risks of Severe Convective Storms January 25, 2024 By Gautam Naik The insurance industry is grappling with a new kind of weather risk that’s increasingly driving its biggest loss category. While...
NFP Buys London-Based Advanced Insurance Consultants Ltd. January 24, 2024 NFP, the insurance broking and consulting firm, announced it has acquired Advanced Insurance Consultants Ltd. (AIC), an independent insurance broker...
Howden Acquires Scottish Broker Laurie Ross January 24, 2024 Howden, the London-based global insurance group, announced the acquisition of Laurie Ross, a personal and commercial lines broker based in...
Red Sea Turmoil Sends Economic Shockwaves Across the Globe January 24, 2024 By Enda Curran, Jana Randow and Alex Longley Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have caused the biggest diversion...
Electric Vehicles Cost Twice as Much to Insure as Fuel-Burning Cars in UK January 24, 2024 By Jamie Nimmo British drivers have to fork out twice as much to insure electric vehicles as they do for combustion-engine models, adding...
Natural Disaster Protection Gap Returned to ‘Average Levels’ in 2023 January 24, 2024 Global insured losses from natural catastrophes totaled $118 billion in 2023, according to Aon’s annual Climate and Catastrophe Insight report....