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News

Insurance Times
insurancetimes.co.uk > news > swiss-re-has-zero-appetite-for-new-liability-business-due-to-frustrating-legal-system-abuse > 1459607.article

Swiss Re has ‘zero’ appetite for new liability business due to ‘frustrating’ legal system abuse

5+ day, 1+ hour ago   (743+ words) With commercial liability losses reaching $174bn (£128.7bn) in the US last year, Swiss Re’s chief executive explains that legal system abuse is driving claims payouts that ‘are not connected with the original underwriting assumptions’ – leaving the reinsurer ‘very concerned’ Swiss Re has…...

Insurance Times
insurancetimes.co.uk > news > broker-appoints-ex-tesco-insurance-leader-as-new-non-executive-chair > 1459596.article

Broker appoints ex-Tesco Insurance leader as new non executive chair

5+ day, 21+ hour ago   (436+ words) ’I look forward to working with the executive leadership, the board and the wider team,’ says appointee Realty Insurances has appointed Gary Duggan as non executive chair, with effect from 1 October 2026. Read: Avid and Landmark appoint former Canopius chief as…...

Insurance Times
insurancetimes.co.uk > news > brown-and-brown-makes-first-retail-acquisition-in-scotland > 1459577.article

Brown and Brown makes first retail acquisition in Scotland

6+ day, 22+ hour ago   (308+ words) ’Our first acquisition in Scotland is an exciting milestone for us,’ says retail chief executive Brown and Brown (Europe) has acquired Scottish broker MacKay Corporate Insurance Brokers, marking its first retail acquisition in Scotland. Read: Brown and Brown partner with…...

Insurance Times
insurancetimes.co.uk > news > global-investment-firm-acquires-majority-share-in-specialty-broker-for-15bn > 1459571.article

Global investment firm acquires majority share in specialty broker for £1.5bn

1+ week, 53+ min ago   (405+ words) ’We look forward to investing in the team and platform,’ says partner EQT has agreed to acquire a majority stake in specialist (re)insurance broker McGill and Partners from Warburg Pincus in a transaction valuing the business at $2bn (£1.48bn). Read: Aon…...

Insurance Times
insurancetimes.co.uk > news > aviva-launches-direct-line-home-insurance-on-pcws > 1459536.article

Aviva launches Direct Line home insurance on PCWs

1+ week, 3+ day ago   (364+ words) Aviva has launched Direct Line-branded home insurance products on price comparison websites (PCWs) for the first time, marking an expansion of the insurer’s distribution strategy. Read: Aviva launches new proposition for complex mid-market risk Read: Aviva adds terrorism cover as…...

Insurance Times
insurancetimes.co.uk > news > coalition-launches-20m-enterprise-cyber-cover-in-uk > 1459509.article

Coalition launches £20m enterprise cyber cover in UK

1+ week, 5+ day ago   (328+ words) ‘Enterprises need confidence that they can withstand digital threats no matter how they evolve,’ says chief revenue officer Coalition has launched a new cyber insurance proposition that offers up to £20m in cover for large UK organisations. Read: MS Amlin bolsters…...

Insurance Times
insurancetimes.co.uk > analysis > techtalk-insurtech-revolution-enters-a-second-coming-as-investment-shifts > 1459483.article

TechTalk: Insurtech revolution enters a ‘second coming’ as investment shifts

2+ week, 3+ day ago   (1381+ words) ‘These swaggering insurtechs claimed that they were going to change the world, but they weren’t selling any insurance – there wasn’t a scalable, solid concept there,’ says executive director When insurtechs first emerged in the insurance sector in the 2010s, they did…...

Insurance Times
insurancetimes.co.uk > news > aviva-explores-big-growth-opportunity-in-specialty-personal-lines-as-direct-line-acquisition-bolsters-hy-financials-jason-storah > 1459407.article

Aviva explores???big growth opportunity??? in???specialty personal lines??? as Direct Line acquisition bolsters HY financials??? Jason Storah

3+ week, 4+ day ago   (808+ words) UKGI boss confirms that insurer wants to ‘ramp up’ specialty personal lines provision, leveraging Direct Line assets to secure greater market share where Aviva is currently sparse Aviva has ringfenced “specialty personal lines” delivered via purchased brand Direct Line as…...

Insurance Times
insurancetimes.co.uk > news > aviva-explores-big-growth-opportunity-in-specialty-personal-lines-as-dlg-acquisition-bolsters-hy-financials-jason-storah > 1459407.article

Aviva explores???big growth opportunity??? in???specialty personal lines??? as DLG acquisition bolsters HY financials??? Jason Storah

3+ week, 4+ day ago   (800+ words) UKGI boss confirms that insurer wants to ‘ramp up’ specialty personal lines provision, leveraging DLG assets to secure greater market share where Aviva is currently sparse Aviva has ringfenced “specialty personal lines” delivered via subsidiary Direct Line Group (DLG) as…...

Insurance Times
insurancetimes.co.uk > analysis > uk-insurer-solvency-remains-strong-but-aggregate-position-slips > 1459410.article

UK insurer solvency remains strong but aggregate position slips

3+ week, 5+ day ago   (1501+ words) Insurance DataLab co-founder Matt Scott examines the latest findings from an exclusive analysis of market Solvency and Financial Condition Reports UK insurers maintain a comfortable aggregate solvency position, but there has been a modest weakening across the market. Read: Motor…...