European Insurers Are Having a Rough Time This August – Here’s Why… August 29, 2019 By Jan-Patrick Barnert European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings...
With Smarter, Joined-Up Pricing, There’s No Such Thing as a Bad Risk: Viewpoint August 14, 2019 By Mark Eastham It’s a well-trodden truth in our industry that not all risks are created equal, and for insurers, that some risks...
Arthur J. Gallagher & Co. Acquires Wales-Based Adjusting Associates August 5, 2019 Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett International Ltd., has acquired the assets...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
No-Deal Brexit Could Push UK Economy into Recession, Says Fiscal Watchdog July 18, 2019 By Andrew Atkinson A no-deal Brexit could plunge the British economy into recession, hammer the pound and drive up government borrowing, according to...
Keep It Simple, Grow Trust for Future Success, Say UK Insurance Executives July 16, 2019 By L.S. Howard The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology...
JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK June 28, 2019 JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property...
Swiss Re’s UK Unit ReAssure to Be Valued at up to $4.2B in IPO June 27, 2019 By John Revill UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on...
BHSI Names QBE’s Walker as UK Head of Customer and Broker Engagement June 26, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker...
Tokio Marine Puts UK Insurer into Run-Off, Now Focusing on Lloyd’s Business June 25, 2019 By L.S. Howard Tokio Marine Group is putting one of its UK insurance companies, Tokio Marine Kiln Insurance (TMKI), into run-off. Going forward,...