News

SCOR Publishes Latest Financials; Notes Reinsurance Challenges

SCOR has published its financials for the first three quarters of 2022, with the accent on challenging reinsurance pricing, Cat claims, plus a return to more normal mortality rates following Covid19. Although it’s worth noting […]

InsureTech

Tricky Times Ahead For Insurtech Funding, Says Gallagher Re

Gallagher Re has been looking at the insurtech funding landscape and published a new report. It’s a difficult time to raise cash as interest rates rise along with inflation. Basically you need more cash in […]

Insurance claims

Agreement Reached on New Credit Hire Rates

Motor Insurers and credit hire companies have signed an interim agreement on increasing certain hire rates to enable both sides to navigate their way through the current headwinds in the motor claims supply chain. The […]

Motor Insurance

Verex Has Some Interesting Data on Renewal Rates

Verex Group, the market leader in dedicated connected services to vehicle manufacturers, has published new data showing branded car insurance renewal rates are now at 88%, surging ahead of the traditional car insurance market. These results show the […]

Legal

Clyde & Co Publishes London Market Report

Global law firm Clyde & Co’s second annual London Market Professional Indemnity Report, based on a survey of PI professionals across underwriting, broking and claims, reveals widespread optimism about market conditions for the coming months, tempered by […]

Insurance Brokers

SoMo Keeps Rates Low For Brokers

Following news that the Bank of England has increased its interest levels again, specialist lending firm, SoMo | Bridging, has committed to helping brokers move forward with confidence by guaranteeing its existing low rates for all new […]