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Latest news on insurtech, insurance, reinsurance, uk industry insights and opinions, latest Lloyd’s and London market reports, stats and more for brokers, MGAs, insurers and suppliers.

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Global insurance trends

US only region with higher renewal rates

5 February 2014 alastair walker 0

Global insurance rates trended downward at the end of 2013, driven by average pricing declines in all regions except the US, according to Marsh’s latest Global Insurance Market Quarterly Briefing. Overall rates tracked by the Marsh […]

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Insurance Brokers

BIBA calls time on rising regulatory fees

14 January 2014 alastair walker 0

The British Insurance Brokers’ Association (BIBA) warned MPs and Lords today that its members’ cost of doing business had risen far beyond rival countries and must be brought under control. BIBA unveiled initial findings of its regulation research today, declaring that insurance brokers in the UK have the most expensive regulatory regime in the world, with regulatory fees and levies costing more than five times those in New York, Japan, France and Germany. […]

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Global insurance trends

Aspirin effect equivalent to eradicating smoking says RMS

2 April 2013 alastair walker 1

Financial modelling experts have confirmed the potential impact of daily Aspirin doses on life expectancy and said UK pension liabilities could rise by £100bn. Recent medical reports have confirmed the growing body of evidence that […]

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Insurance claims

UK insurers predicted to maintain market-leading dividends

19 February 2013 alastair walker 0

By Ralph Savage The UK’s leading insurers can maintain their market-leading dividend payments to shareholders despite tough conditions, analysts at Markit said today. However, in a separate note, Investec maintained its ‘sell’ advice on one […]

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Global insurance trends

Insurers’ hands increasingly tied says EIU research

12 February 2013 alastair walker 0

By Ralph Savage Ongoing macroeconomic uncertainty, proposed tough new regulatory regimes and risk of contagion are the biggest long-term challenges facing insurers around the world, according to a new report written by the Economist Intelligence […]

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Insurance Regulation

S&P predicts challenging 2013 for UK non-life market

28 November 2012 alastair walker 2

The UK non-life insurance market is facing a range of significant challenges which will make 2012-2013 ‘difficult’ for companies, according to Standard & Poors ratings services. In its latest report on the market, S&P highlights […]