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Mitsui Sumitomo to increase capacity and jobs in Lloyd’s of London and the surrounding company market
Rates are still going up
Rising premiums are a de facto ‘carbon price’ on consumers as extreme weather events become more frequent
New ‘exploratory scenario’ comes as concerns mount about risk posed by offshore arrangement to UK savers
Insurers offering so-called Gap policies agree to pause sales of product after regulator raises value-for-money concerns
Trustees are worried about growing involvement of overseas reinsurance firms in corporate pension deals
Insurer is defending a $400mn London lawsuit seeking a payout for soured loans
German group Viridium cites considerations over its ‘ownership structure’ in halting deal with insurance company
Shares in Lloyds and Close Brothers fell on estimated exposure to compensation claims
Critics say government proposal for single, career-long retirement funds could leave individuals worse off
Net-Zero Insurance Alliance was one of highest-profile victims of US backlash against ESG policies
Higher interest rates continue to fuel surge in dealmaking, according to new forecast
As the price of cover rises, more people will adopt technology to watch them driving carefully
Rise in prices comes after insurers register surge in cost of claims
Return to more traditional ceremonies adds to pressure on mourners already affected by cost of living crisis
Firms inserting get-out clauses into policies to protect against a full-scale regional conflict
Record numbers used insurance for treatment in 2023
ABI calls for more support for homeowners after string of damaging storms
Bold reform could make UK an uncontested world leader in reinsurance, bringing capital and jobs into the country
Reinsurers lift prices for property cover in annual renewal as major quake hits Japan
Calls by industry come ahead of promised UK government consultation on new regime
António Simões takes helm of insurance group in need of next long-term growth driver after corporate pension deal frenzy
Property catastrophe reinsurance prices have surged over the past 18 months
Agreement aims to make it easier for corporate and wealthy clients in the two markets to do business with each other
The insurance marketplace will remain at One Lime Street in a commitment to in-person trading
International Edition