UK
Britain strikes post-Brexit insurance deal with Switzerland
The United Kingdom and Switzerland have agreed on a deal that will allow the insurance sectors of both countries to trade freely with each...
BIBA unveils 2019 Manifesto – Risks & Opportunities
The British Insurance Brokers’ Association (BIBA) has just launched its 2019 manifesto – titled Risks & Opportunities – in the Houses of Parliament in...
Lloyd’s of London unmoved by released 9/11 hacks
Lloyd’s of London is unmoved by the recent release of hacked documents relating to the 9/11 terrorist attacks of 2001.
The insurer denies that its...
Brexit: Deal or no deal | Britain biggest gamble
After 20 months of negotiations, the 27 European Union (EU) leaders finally agreed to the UK’s Brexit deal at last Sunday 25 November 2018...
Aviva discloses how many claims it pays
Aviva apparently paid 96% of the claims it received in the United Kingdom in 2017. Data from the company’s UK claims reports indicates just...
Carillion collapse causes domino effect on trade credit claims
There has been a surge in the number of trade credit insurance claims during the first quarter of this year 2018 as tough trading...
Libor: The end is nigh – or is it
LIBOR, the London Inter-Bank Offered Rate, is on the verge of being consigned to history – or maybe not!
ICE Benchmark Administration (IBA), the entity...
Ghost broking scam – Police warn of rise in fake car insurance
Thousands of UK motorists could be driving without insurance because of fraudsters known as "ghost brokers" selling fake insurance policies online, police have warned.
Ghost...
Admiral shares dip amid capital warning
Car insurance specialist Admiral has recorded a sharp decline in shares after it warned that low interest rates and market volatility following the UK’s...
Hiscox Group completes sale of Direct Asia Hong Kong
Bermuda-based global specialist insurance group Hiscox has completed the sale of the Hong Kong division of DirectAsia to Well Link Group Holdings Limited, after...
UK court of appeal: Drug smuggling not a war risk
The Court of Appeal has released its verdict on the ‘B Atlantic’ case, ruling that vessels involved in drug smuggling are not covered by...
Beazley eyeing EU licenses in Dublin after Brexit vote
Almost two months following the United Kingdom’s decision to leave the European Union (EU), London-based insurers are weighing in several options that will enable...
BIBA calls for tax break as car premiums hit 6-year high
The British Insurance Brokers Association (BIBA) has called for a tax break for telematics-based insurance products after car premiums reached their highest levels in...
Ageas’ Back Me Up mobile-based insurance targets Millennials
Insurance giant Ageas seeks to transform how Millennials protect their gadgets and other valued possessions with the launch of Back Me Up—a Tinder-inspired mobile...
