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...
Generali CEO Says Insurer Has Financial Strength for M&A Deals March 12, 2024 By Sonia Sirletti Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according...
Financial Services Firms Should Be Banned From Misusing Gag Orders: UK Lawmakers March 8, 2024 By Kirstin Ridley and Nell Mackenzie Finance firms in Britain should be banned from misusing non-disclosure agreements (NDAs) to silence victims of sexual harassment and abuse,...
Generali CEO’s Strategic Wishlist Includes €10 Billion Deals March 7, 2024 By Sonia Sirletti , Daniele Lepido and Tommaso Ebhardt Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some...