Insurance Regulation

Regulatory: FSCS Extends Deadline on Alpha Liquidation & Cover

The Financial Services Compensation Scheme (FSCS) has further extended the deadline for CRL Management to find an alternative insurer to provide replacement cover for Alpha latent defect and structural damage insurance policyholders whose policies terminated […]

News

Sabre Insurance Results: Profits Steady, New Van Insurance, AI Project & More

Sabre Insurance have had a good year, posting results via the LSE (London Stock Exchange) today. Profits are at £61.4m before tax, £50.1m after tax. Sabre issued a 6.8p per share dividend. The company also […]

Business

Financials: Ripe Continues to Grow as Revenue Rises to £11.2m

Ripe Thinking today reports a 22 per cent increase in turnover for 2017. The results for the year ending 31 December 2017 mark the tenth consecutive year of annual growth for the InsurTech company which […]

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 […]

Life/Health/Critical illness

Prudential Say New Business Life Profits Up by 17%

Prudential issued a statement to investors today that life insurance new business profit rose 17% in the first nine months of the year, reflecting higher sales and more favourable economic conditions. In a statement via the London […]