UK Insurance Trends

RSA Transfers EU Risks to Luxembourg, with Jan 1st 2019 Incept Date

On Thursday 29 November, the High Court sanctioned the Royal & Sun Alliance Insurance plc (RSAI) Part VII transfer, which facilitates the transfer of RSAI’s European insurance business to RSA Luxembourg S.A. (RSAL) effective from […]

insurance marketing

Insurtech & More: Clyde and Co Offer Predictions for 2019

We live in exciting times regarding insurance; there’s still a raft of changes ahead, powered by AI, and regulatory problems, as governments struggle to adapt to a new, online way of assessing and underwriting risk, […]

Household Insurance

Storms and Brief Cold Spell Sent Insurance Claims Up in Early 2018

Bad weather insurance claims rocketed by 290%, in the first quarter as insurers helped customers hit by the Beast from the East, says the latest press info from the Association of British Insurers. The so-called […]

Big Data

GDPR Clock is Ticking Says Beazley International – Fines Could Hit Hard

Raf Sanchez, Beazley International Breach Response Service Manager, comments ahead of the introduction of GDPR on 25 May: “Regulators and individuals are on the cusp of acquiring enhanced tools to hold organisations to account for poor […]

Liability/Casualty

Grenfell: Research Highlights Poor Lab Test Regime on Building Materials

Research conducted on behalf of the insurance industry in the wake of the Grenfell Tower fire has exposed the utter inadequacy of the laboratory tests currently used to check the fire safety of building materials. […]

Global insurance trends

Brexit: AIG Sets Up UK and Luxembourg Operations

American International Group, Inc. (NYSE: AIG) today announced the authorisation of new insurance companies in the United Kingdom (UK) and Luxembourg that will see all business transferred to the new entities ahead of the UK […]

Insurance Regulation

Brexit Update: Guernsey Signs Memo with Bank of England

The Guernsey Financial Services Commission has signed a Memorandum of Understanding (MoU) with the Bank of England. The new agreement is a reaffirmation of a long-held relationship between the Guernsey regulator and the Bank’s Prudential […]