Insurers increase prices after paying out record weather-related claims in 2023
Financial Conduct Authority launches discussion paper on simplifying rules to boost competitiveness
Regulator tells CEOs it could limit ‘amount and structure’ of business to prevent rapid build-up of risk in sector
Claims handling in need of urgent improvement, says consumer group
Premiums have soared, prompting calls to investigate a market reeling from inflation and theft
Government plan for 1.5mn new homes must consider location and drainage as extreme weather becomes more common
Premiums likely to increase further as insurers catch up with rising cost of claims
Insurer known for selling straight to customers will put flagship brand on platforms for first time
Private capital firms have been hunting ways into market as companies look to offload schemes
Shares rise as UK insurer pledges to return capital to shareholders by 2026
Growing numbers of large companies are setting up entities to insure their own risks
Amanda Blanc says UK party’s promised crackdown on rising premiums would be using a ‘sledgehammer to crack a nut’
FT Money wants to hear about increases to your car and home cover
Bank of England warns of significant risks and consults on tighter rules
Industry benefits from specialist knowledge of everything from shipwrecks to cyber attacks
Businesses across hospitality sector have brought dozens of cases in bid to recover some losses
Insurers are starting to pay up for the collapse of the Key Bridge in March
Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member states
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago
Last year’s severe storms highlight growing challenge caused by climate change
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says
Climate resilience efforts are essential to keep a check on policy premiums
Specialist insurance market is looking to rebuild a base among private investors
There is still a fragility to the recent success of the world’s oldest insurance market
UK insurer says motor business has ‘turned the corner’ as it pushes up prices
