Solvency II ratio compatibility is hindered by the ability of insurers to use one or more methods to enhance their ratios, according to ratings agency Moody's.
Insurance premium tax (IPT) will increase by 0.5 percent to 10 percent, Chancellor of the Exchequer George Osborne announced in the UK budget statement today (16 March)
The London market is actively seeking to raise its profile in Latin America, International Underwriting Association (IUA) CEO Dave Matcham will say today (16 March)
The British Insurance Brokers' Association (Biba) is in talks with carriers to launch a flood insurance initiative for UK businesses and property owners later this year.
Insurance services provider Charles Taylor has completed the sale of non-life run-off company Cardrow Insurance Limited to a Berkshire Hathaway subsidiary, it announced today (15 March).
