UK/Ireland
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Less trust in AI among digitally advanced countries, finds Swiss Re
Consumers in more digitally advanced countries have less trust in AI than those from less technologically advanced nations, finds a…
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Head of cyber insurance appointed at Inigo
James Creasy has been appointed as the head of cyber insurance at Inigo Limited. The UK insurer said cyber insurance…
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Increased climate-related claims activity in UK and Europe expected
The UK and Europe are expected to see increased activity in certain new types of climate-related claims, according to Lydia…
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Coface says UK insolvencies to rise further after worst year since financial crisis
Coface expects insolvencies to rise further in the UK this year as pandemic support ends and debt repayments mount, with…
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Meta gets record €1.2bn GDPR fine as Irish regulator overruled
Meta has been hit with a record €1.2bn fine under the GDPR for breaking rules when transferring Facebook data from…
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Divided aviation insurance market with rate increases but new capacity
The aviation insurance market is “somewhat divided” according to Marsh Specialty, noting that rate increases due to the ongoing geopolitical…
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Canopius offers new capacity in aviation reinsurance launch
Speciality insurer and reinsurer Canopius has entered the aviation reinsurance market after appointing Andrew Hartley from Axis Capital. Canopius said…
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Leadership reshuffle at Howden as González returns to Spain
José Manuel González, CEO of Howden Broking Group, will retire from executive positions but remain with the group as special…
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UK employers urged to improve mental health transparency
More than one in four UK workers, or 29%, now feel comfortable disclosing poor mental health to employers as a…
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Streamlined miscellaneous medical liability insurance from Beazley
Specialist insurer Beazley has launched a streamlined miscellaneous medical liability insurance product to both the US and London markets, with…
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Three-quarters of Ireland’s GDPR decisions overruled for being too lenient
Ireland’s data protection authority has been overruled in 75% of its GDPR investigation decisions by European counterparts seeking tougher enforcement,…
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‘Martyn’s law’: UK Home Office publishes the draft Terrorism (Protection of Premises) Bill
New draft UK legislation will impose a legal duty on those responsible for public spaces to assess the risks of…
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UK D&O claims to rise following spike in insolvencies, warns RPC
Law firm RPC expects D&O insurance claims to rise in line with an increase in insolvencies and alleged misconduct against…
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Property rates up 29% as Beazley enjoys Q1 premium growth
Beazley increased gross written premiums by 12% in the first quarter of 2023 to $1.37bn after pushing through average rate…
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Chaucer signs up to UN Principles for Sustainable Insurance
Chaucer has signed up to the UN Principles for Sustainable Insurance (PSI). The insurer has already committed to becoming net…
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Shell wins UK court ruling over 2011 oil spill claims
A UK court has rejected an appeal by a group of Nigerian citizens against Shell because too much time has…
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Swiss Re Corporates Solutions names Hall head of wholesale in UK and EMEA
Swiss Re Corporate Solutions has announced that Adrian Hall will succeed Melanie Slack as head of UK, Ireland, South Africa…
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Capita suffers up to £20m costs from cyberattack
Outsourcing firm and government contractor Capita will incur costs of up £20m from a recent cyberattack that saw customer, supplier…
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Trade credit insurers more cautious as losses begin to rise: Marsh
The frequency and severity of global insolvencies have yet to reach their peak, with a significant economic slowdown expected in…
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Global law report highlights increased ESG scrutiny for insurers
The increased scrutiny of ESG strategies in many jurisdictions is impacting directors’, officers’ and financial institutions’ coverage, as well as…