Insurance Industry Rethinking Recruitment Strategies January 27, 2017 By Denise Johnson With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the...
PwC Names Bichard as UK Insurance Leader, Succeeding Howe January 12, 2017 PwC has appointed Jim Bichard to lead its 1,000-person strong UK insurance practice. Bichard succeeds Jonathan Howe, who has led...
U.K. Financial Firms Paid $91B in Annual Tax: City of London Report December 6, 2016 By Stephen Morris Financial companies in the U.K. paid 71.4 billion pounds ($91 billion) in tax in the latest fiscal year, 7.4 percent...
As Reinsurance Market Evolves, So Must Distribution, Say Experts at Forum December 1, 2016 The flow of so-called alternative capital into the global reinsurance market is continuing, bringing it closer to the “convergence” in...
Big Data Gathered by Twitter Monitoring Could Cut Premiums – and Erode Privacy October 24, 2016 By Brenna Hughes Neghaiwi When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing...
UK Financial Sector’s Optimism Plunges in Wake of Brexit Vote September 27, 2016 By Huw Jones Optimism about the outlook for Britain’s financial services sector is at its lowest point since the financial crisis, a survey...
Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports August 24, 2016 By L.S. Howard The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under...
Changing Employee Demographics Push Insurers to Focus on Strategic Recruitment August 9, 2016 By Denise Johnson With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the...
Motor Insurers Need to Adapt to Ward Off Competition from Car Manufacturers July 20, 2016 By Carolyn Cohn and Noor Zainab Hussain As internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition...
Insurers Ignore FinTech Revolution at Their Long-Term Peril: PwC June 17, 2016 By L.S. Howard While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have...