Insurance & Reinsurance

Reinsurance: Willis Towers Says Catastrophe Costs Down 18% in 2019

Insured losses from major natural catastrophes in 2019 totalled roughly $53.0 billion, about 18% lower than the annual average since 2011. This continues a relative period of calm compared to 2017, when the total loss […]

Insurance & Reinsurance

Cookson Adventures Launches HNW Luxury Travel Cover Product

Cookson Adventures, the global leader in ultra-luxury experiential travel, has pioneered a unique insurance product to cater to the demand of the world’s most successful people. The luxury travel market is expanding rapidly, and more […]

Insurance & Reinsurance

Survey Says The Average UK Car Insurance Premium is £815

Reuters is reporting that Comprehensive motor insurance policy costs in Britain rose by 5% on average in 2019, the steepest annual rise since 2017, according to an insurance price index survey. A traditional Fully Comp […]

Insurance & Reinsurance

Suncorp & IAG Suspend Insurance Sales During Bushfire Emergency

Suncorp Group and IAG have announced a temporary embargo on selected insurance product sales in NSW and Victoria, while the bushfires continue to burn in Australia, according to reports in Australian media. A spokesperson from […]

Insurance & Reinsurance

FCA Action on Pricing May Cause Legacy Systems Headache for Insurers

The recent letter sent by the FCA to insurers regarding their portfolio of products, how customers make buying decisions and the crucial issue of pricing for loyal customers renewing policies, when compared to rates offered […]

Insurance & Reinsurance

Opinion: Flood Claims Can Make or Break Your Insurance Co Reputation

In this Opinion piece Nikki Ceko, Sector Lead for GI at Huntswood, takes a look at flood insurance, and how insurers and brokers alike can best respond to incidents. The customer experience during a flood […]

Insurance & Reinsurance

Beazley Teams Up With RenaissanceRe on Cyber Catastrophe Cover

Specialist insurer Beazley and global reinsurer RenaissanceRe have jointly launched a new reinsurance product providing Beazley with additional catastrophe cover for cyber events.  The majority of the security behind the deal will be provided by capital sources […]

Conference report

ABI Conference 2020: Nick Ferrari is Keynote Speaker

The ABI are pleased to announce Nick Ferrari, Journalist and Broadcaster, as a keynote speaker at their ABI Annual Conference. Brace yourselves for some forthright opinions! The ABI Annual Conference 2020 will be the standout […]