AIG, Chubb and Lloyd’s of London among those facing multibillion-dollar claim
The market is performing at its best since 2007 but a crucial systems upgrade is running very slow
Many take out the wrong kind of protection insurance, leaving them with overlapping — or inadequate — cover
Investors still clearly want to see how sustainable the flow of cash into their pocketbooks really is
UK’s largest fund manager chooses US executive Eric Adler of Prudential Financial to take charge
Brussels’ pledge of up to €10bn following European floods comes as insurers face estimated €3bn in claims
As the Fed cuts rates, markets are rallying — but there are long-term risks from experiments
Insurance market names successor to Bruce Carnegie-Brown
Insurers are receiving a very handsome reward for such a low-risk business
Chief executive says primary insurers could simply choose to buy less cover
As things stand, there is limited evidence that a broadly based backstop is needed
The Financial Conduct Authority has expressed worries that some products may be poor value
New byelaws proposed as insurance market battles poor reputation for participant conduct
Europe’s largest activist investor says it has built stake to become group’s largest shareholder
Aon and Marsh McLennan suggest resumption of cover is necessary to boost war-torn country’s economy
David Burt says island has ‘very strong and robust regulatory system’ following issues at private equity-linked reinsurer
An overlooked detail in the Danish Compromise can have a happy outcome
John Neal expresses concern on deterring investment in latest industry warning ahead of Budget
Industry believes state backstops would boost market and encourage good practice
UK company has struggled with post-pandemic jump in cost of claims
Risk modelling firm says recent challenging years are not outliers
An increase in weather-related risk creates dilemmas for property owners, providers and governments
Financial regulator to examine whether customers receive poor value for products such as critical illness cover
Life insurer says it has taken steps to reposition business in anticipation of ‘macroeconomic headwinds’ in China
UK motor insurer admits it mistakenly calculated its solvency capital ratio, a measure of financial strength