UK’s Starmer says ex-Prince Andrew should testify before Congress over Epstein ties
UK’s Starmer says ex-Prince Andrew should testify before Congress over Epstein ties Read More »
We can’t ignore China, says UK’s Starmer after Trump criticises trade push
We can’t ignore China, says UK’s Starmer after Trump criticises trade push Read More »
AUB Group Ltd., the Sydney, Australia-based brokerage and underwriting agency group, announced it has entered into an agreement to acquire 95.9% of Prestige Insurance Holdings Ltd. for $432 million (US$300.1 million). Founded in 1973, Prestige is a diversified insurance broking and underwriting platform in the UK with more than A$300 million (US$208.4 million) in gross
Australian Broker AUB Agrees to Buy Majority Stake in UK’s Prestige Read More »
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31, 2025. Financial details of the cash deal, which was first announced in April 2025, were
UK’s Admiral Group Completes Sale of US Motor Business to PE Firm J.C. Flowers Read More »
The UK is reviving a plan to make it easier for employees to switch jobs, putting financial firms on edge, as some of the most controversial non-compete clauses in their hiring contracts come under scrutiny once again. The government published a paper along with the budget last week, seeking industry feedback on overhauling employment agreements.
Hedge Funds Get Jittery on Prospect of UK’s Noncompete Ban Read More »
Four ‘foundational’ steps can provide the backbone of a proportionate, risk-based framework Related Stories London D&F market to continue downward slide as ‘discipline weakens’ Swiss Re and Aviva lead fallers as insurance stocks tumble Black Sea war risk market avoids ‘knee-jerk reaction’ to renewed fighting
Risk managing the UK’s failure to prevent fraud offence Read More »
UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month. The meeting, whose attendees will include Lloyds of London Chair Charles Roxburgh, Swiss Re AG CEO Andreas Berger and
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch Read More »
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Daily Digest: US cyber rates almost below adequacy, Cargo premiums set to drop, Loss prevention crucial for marine Atrium continues aviation build-out Mapfre invests in parametric insurer Blue Marble
Daily Digest: CFC warns on US cyber rates, Cargo rates plunge, UK’s regulatory evolution Read More »
Firms face some significant new requirements as FCA threatens ‘loud and in your face’ enforcement Related Stories Reinsurers push back on lower attachment points and aggregate covers Global marine premiums hit all-time high ID Podcast: Record reinsurance capacity drives market dynamics: Howden’s David Flandro
The UK’s approach to regulatory enforcement is evolving Read More »
The growth of mass litigation has been celebrated as a win for consumer redress, but the economic and insurance consequences… Related Stories Rising GPS spoofing threat exposes gaps in marine insurance Solving the legal puzzle for technology, innovation and insurance ‘Strong suspicion’ electric vehicles are responsible for car carrier blazes
What does the UK’s mass litigation boom mean for insurers? Read More »