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Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member states
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago
Last year’s severe storms highlight growing challenge caused by climate change
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says
Climate resilience efforts are essential to keep a check on policy premiums
Specialist insurance market is looking to rebuild a base among private investors
There is still a fragility to the recent success of the world’s oldest insurance market
UK insurer says motor business has ‘turned the corner’ as it pushes up prices
Big Lloyd’s of London insurer aims to expand in marine and liability cover after three years improving margin
Institution expects insurance prices to remain high in coming years
FTSE 100 insurer says it has stopped increasing motor premiums as Aviva announces £300mn share buyback
Insurer buys Probitas for £242mn and gains re-entry to specialist insurance market
Takeover interest comes after bruising year for UK motor insurer
Concerns that lack of suitable projects could undermine post-Brexit reforms designed to boost domestic infrastructure
Mitsui Sumitomo to increase capacity and jobs in Lloyd’s of London and the surrounding company market
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
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
Record numbers used insurance for treatment in 2023
ABI calls for more support for homeowners after string of damaging storms
Concerns about lower valuations and stringent listing requirements pushed management away from UK
Tysers and HW Wood paid bribes via Florida bank accounts, say authorities
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