Insurance claims

Time For a Rethink, Says Flood Re

The latest new thinking from Flood Re; As Flood Re marks its tenth anniversary, the Scheme announces a package of reforms designed to ensure that flood insurance remains fair, affordable and sustainable, whilst accelerating action […]

Insurance Brokers

CMA Reforms Are Unlikely to Lower Pet Insurance Premiums, Says Defaqto

Every pet owner would like lifetime insurance cover, including a range of expensive treatments and operations in the latter stages of a pet’s life. However that cost cannot be spread across the entire market segment. […]

Insurance Regulation

FCA Reforms To SMCR, Plus Comment & Analysis

Here’s the latest from the FCA, plus some reaction from the industry; In the first phase of reforms to the Senior Manager Certification Regime (SM&CR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) […]

Insurance Regulation

Mansion House Reforms Welcomed, But Challenges Lie Ahead

Some thoughts on the reforms set out in the recent Mansion House speech by the Chancellor, from Ocorian; In her inaugural Mansion House speech as Chancellor of the Exchequer, Rachel Reeves unveiled the UK Government’s […]

Opinion

Mansion House Speech: Comment and Analysis From Kroll

Today we have quite a bit of general feedback on the Chancellor’s Mansion House speech, so let’s kick off with this short article. More later and over the weekend; Matt Austen, Consumer Duty Lead for Kroll’s […]

Opinion

Opinion: Pension Reforms Are a Huge Gamble & Pensioners Are Taking All The Risk

The Ed has his actuarial table hat on today after the Rachel Reeves speech, and the sums don’t add up. Pension schemes are like insurance policies or banknotes, a promise. Once that promise is broken […]

News

Comment & Reaction to Reeves’ Proposed Pension Megafunds

Some comment from across the sector on the Reeves’ Mansion House speech, proposing a roll up of DB pension funds, to free up more cash for infrastructure projects; Lily Megson, Policy Director at My Pension Expert, […]

Global insurance trends

Malaysia Life Sector in Focus For GloablData

The latest market snapshot from GlobalData looks at Malaysia; The Malaysian life insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 5.2% over 2024–28, from MYR63.2 billion ($13.9 billion) in […]