Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva October 23, 2024 Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement...
Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation September 4, 2024 By Aditya Kalra British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax...
UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says August 30, 2024 By Aditya Kalra and Nikunj Ohri An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a...
UK Insurers Pull Back From Offering Cover as Flood Threats Rise August 8, 2024 By Carolyn Cohn Increased flooding in Britain from overflowing rivers and blocked drains is leading insurers to pull back from offering cover, particularly...
Markets/Coverage: Lemonade Expands Home Insurance Offering in UK July 16, 2024 Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with...
Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years July 11, 2024 By L.S. Howard UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to...
London Defers Tallest Tower Decision Amid Neighbors’ Objections, Including Lloyd’s July 3, 2024 By Jack Sidders and Michael Hennessey The City of London Corporation deferred a vote on plans for a new 73-story office tower next to the Gherkin...
City of London Is Relaxed About the Prospect of a Labour Election Win May 24, 2024 By Loukia Gyftopoulou, Ben Stupples and Jack Sidders In the City of London, executives are looking forward to the imminent general election as a chance for clarity after...
UK’s Aviva Posts 16% Rise in Q1 General Insurance Premiums May 23, 2024 Aviva posted a 16% rise in general insurance gross written premiums to 2.7 billion pounds ($3.44 billion) in the first...
Britain Rejects Call to Ban Gagging Orders in Financial Services Sector May 15, 2024 By Kirstin Ridley Britain’s Finance Ministry on Tuesday rejected a call to ban non-disclosure agreements (NDAs), which can be used to silence victims...