Insurance Regulation

FCA Aims To Dissuade Savers From Holding Cash

The FCA is proposing that firms offer a new ‘default’ investment option to help non-workplace pension customers save for their retirement. Currently non-workplace pension customers have to choose their own investments from an increasingly wide […]

Life/Health/Critical illness

Is Property a Better Bet Than Private Pensions? Probably

Legal & General has confirmed what most homeowners already know, your house is far more valuable than almost any private pension scheme’s one-off payment. Pensions that a normal wage-earning person can afford, not deluxe public […]

Insurance Regulation

Guernsey Awards ESG Kitemark to Insurer

The Guernsey International Insurance Association (GIIA) has awarded its first environmental, social and governance (ESG) accreditation for an insurance entity. ESG compliance is set to become pretty much mandatory over the next few years, as […]

Global insurance trends

GlobalData Report Says UK Insurers Took a Pandemic Hit

The top 20 global public insurance companies reported aggregate revenue of $1,923.9bn, a year-over-year (y-o-y) decline of around 5%, in their top-line performance in 2020. There were 11 players that reported a drop in revenue […]

InsureTech

Pricing Delivery Risk? Automating Fleet Use Data Is The Key

Managing fleet use is all about data, particularly driver behaviour, as well as traffic jams, roadworks etc. One way to enhance that driver data and overlay it with other risk factors – both historical and […]

UK Insurance Trends

Forbes Warns on Crypto’s Inherent Riskiness

Commenting on the Financial Conduct Authority’s (FCA) research on cryptoasset ownership, published recently, Kevin Pratt, money expert at Forbes Advisor UK, the personal finance insights and comparison website, said: “The FCA has repeatedly warned about […]