Insurer

Covid BI claims payments hit £765.8m

FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.

FSCS declares unrated Gefion has failed

The troubled Danish insurer, which sold motor policies via brokers and MGAs in the UK, went into liquidation last year after its insurance license was withdrawn by the Danish regulator.

RSA takeover completes

Canadian insurer Intact reveals its plans for RSA's UK and International business as it makes its first move into the UK market.

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