Business

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]

News

CoronaVirus Hits Pension Assets & Stocks – Liability Deficit Reaches £80bn

Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £57bn at the end of January 2020 to £68bn on […]

UK Insurance Trends

Legal & General Invests in Build-To-Rent Apartments in Manchester

Legal & General (LGIM Real Assets) announces that it has exchanged contracts on a new Build to Rent (BTR) tower “North Tower” in Deansgate Square, Manchester. The acquisition, which is in line with LGIM Real […]

Insurance Brokers

Broker Update: LV= Adds Eight Ethical Pension Fund Options

More consumers than ever are looking to invest their savings in ethical funds, rather than worry about making as much money as possible. On top of that the EU is planning more regulation for the […]

Insurance Regulation

Regulatory: EU Climate Change Agenda Will Prompt New Rules, More Compliance

We spotted this update from the Insurance Europe website last week, and reading between the lines there’s no doubt that more regulation, more transparency as regards sustainable business models, will be the result of the […]

News

Food Security: Agritask Attracts $8.5m in Series A Funding

At a time of explosive population growth worldwide, mass migration and climate change, there are two trends that will come to dominate politics in many countries very soon; food security and fresh water supply. Insurers […]

Insurance Brokers

Deals: Ecclesiastical Takes a Stake in TapSimple Software

TapSimple, the charity-focused software company, has passed the £1m mark in its latest funding round with investors including specialist charity insurer Ecclesiastical, Michael Spencer, and Anthony Bolton. These investors join Sir Martyn Lewis, former chairman […]

InsureTech

Insurtech Investment: Greenlight Capital Buys a Slice of Cove, NZ Based Start-Up

Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced it has made a […]