UK
Insurance Premium Tax upsurge hitting businesses hard
The UK Government made nearly £6 billion in income from Insurance Premium Tax (IPT) for the year 2017/2018 – an increase of up to...
Accenture finds more people are using wearable health devices than ever
More and more people are turning to technology to help them make positive strides in getting better ways to access care and benefit from...
Esure agrees £1.2bn takeover by private equity Bain Capital
Bain Capital snaps up Esure, the insurance firm that owns the Sheilas' Wheels brand, in a £1.2bn takeover deal which suggests further consolidations in...
New CII Public Trust Index reveals insurers top consumers’ confidence priorities
The Chartered Insurance Institute (CII) has launched a Public Trust Index that provides the industry with much needed insight into key measures of consumers’...
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...
Towergate fined over failure to protect client money by FCA
Towergate Underwriting Group Limited (Towergate), a UK-based insurance intermediary that holds both client and insurer money, has been fined by the country’s financial watchdog...
AIG introduces Brexit Insurance
AIG is betting that it can cash in on the political and legal uncertainty created by Brexit. American International Group has added Brexit coverage...
Mounting student loans debt creating an economic risk
Each new student loan issued launches another person toward learning, self-discovery and a career.
Unfortunately, each new loan also triggers what many observers warn is...
Brand reputation – A delicate risk to manage
Giant Swedish box retailer IKEA is voluntarily recalling over 35 million dressers in North America after six children in Canada and the United States...
