San Francisco-based fund pushes for change with Japan seen as next leg of sector’s development
Some consumers question whether increases in cost of property cover are justified
UK asset manager to deepen push into fast-growing Asian markets through new tie-up
Risk of repossessions rises as insurance costs climb and house values fall
Leading litigation funder hits back at insurance company after it urged peers to cut ties with sector
Spat stems from retracted study on grading of insurers’ portfolio holdings
Rebrand of UK pensions provider would bring historic name back to London Stock Exchange
Parametric cover is gaining ground, promising faster payouts after extreme events such as floods and wildfires
Planned reverse takeover of reinsurer Malibu Life has already met resistance from fund shareholder AVI
US firm White Oak alleged broker failed to pass on crucial information about collapsed firm’s cover
More than $130bn of liabilities offloaded in 2024 despite regulatory concerns
Deal would give FTSE 100 group control of about a fifth of UK motor insurance market
UK retailer to file big claim as it admits for first time that some customer data was stolen in recent hack
Financial Conduct Authority says move part of wider set of proposals to remove ‘ineffective’ or ‘duplicated regulation’
US healthcare group brings back former boss Stephen Hemsley
Policies will pay out for costs such as legal fees and court damages if AI tools underperform
Recent ransomware attacks and data breaches are expected to push up rates for the sector
Life and health insurers are benefiting from both long-term demographic tailwinds and the AI revolution
Property claims have now topped £100mn for eight quarters in a row, ABI data shows
It’s more than great stock picks and insurance premiums
Conglomerate votes in favour of vice-chair Greg Abel’s promotion to top job next year
Some regulators continue to warn extreme weather could trigger market panic, others, including the Fed, are less convinced
Markets in insurance unit overshadow strong fundraising in private equity
Most lenders did not consider the issue a material danger except for the ‘reputational risk’, PRA said
Lender proposes funding deal by selling its shares in country’s biggest insurer Assicurazioni Generali
