Insurer
Hedge fund takes stake in Saga
Elliot has invested in the insurance and travel provider.
CII and the University of the West of England launch post grad qualification
Course completion will shorten the journey for the CII’s qualifications, such as ACII.
Blog: What is JCT 21.2.1 insurance, and who needs it?
Tokio Marine HCC’s Julian Goodall considers the snappily-named clause developed to iron out liability issues in construction.
Victor, formerly Bluefin Underwriting, appoints John Stephenson as UK boss
Current incumbent, Paul Drake, is set to retire from his role at Marsh-subsidiary, Victor Insurance UK.
Hastings expects £8.4m hit from Ogden rate change
Company says it had believed the rate would end up between 0 and 1%, as Biba states move to -0.25% is "nowhere near enough".
Documents reveal government actuary recommended a 0.25% discount rate
The Lord Chancellor and Justice Secretary, David Gauke, eventually settled on a minus 0.25% Ogden rate.
CFC develops risk management product for tech firms
The proposition includes a cyber incident response plan builder.
Insurance Cares: FCA consults on travel cover for people with medical issues
Consultation includes proposals to signpost details of travel insurance firms who can cover consumers with more serious conditions.
CRL close to finding replacement for Alpha policies
Broker has had its deadline extended several times, but FSCS says "good progress" has been made in recent days.
Insurers disappointed by the new discount rate
Government has changed the rate from -0.75% to -0.25%, which is a smaller rise than what was generally expected.
Government reveals recalculated Ogden rate
The increase is not as generous as many had expected.
Lloyd’s strategy change gets market backing
The Future at Lloyd’s prospectus was launched in May and includes six “transformational” proposals.
Government urges regulators to work together to help vulnerable customers
Report slams the loyalty penalty among other issues to be tackled in the financial services, water, energy and telecoms sectors.
Quizzical questions: 12 July 2019
Test your knowledge of the week's news with our topical quiz.
Danish regulator orders Gefion not to expand its business volume
Premium Credit also issued Gefion with an ultimatum for cutting business ties.
Jon Dye named as ABI chair
Dye takes over from Amanda Blanc, who resigned last week.
Autonet to offer jobs to majority of staff as Atlanta takes over Ageas' Stoke office
Move follows Ageas' decision to close its Stoke operations and the majority of the staff currently facing redundancy will be offered employment under the Autonet brand.
Markerstudy buys Smart Driver Club Insurance
Telematics broker to be part of Markerstudy's retail and affinity division.
Zurich names Alison Martin as Amanda Blanc's successor
Blanc resigned from the EMEA CEO role at the provider last week.
Dive in registration opens tomorrow
Festival promoting diversity and inclusion will explore mental health and the issue of bullying and harassment.
Almost half of brokers say current economic climate is bad for business
Research from Aviva also shows brokers fear technology will replace the human broker.
FCA pay gaps persist despite bumper 2018/19
The regulator made a £25.4m surplus but struggled to appropriately remunerate female and ethnic minority employees.
Lloyd’s to hold confidential focus groups on market culture
Move is the latest step in Lloyd’s attempts to tackle its ongoing culture problems, following a string of sexual harassment reports.
Premium Credit to cease working with Gefion
Premium finance provider has had unrated Gefion under "active review" since October and says move follows the various actions imposed by the Danish regulator, including the restatement of Gefion's solvency ratio.