The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
The Financial Conduct Authority has defended its use of statistical modelling as evidence in the High Court test case for BI insurance, arguing it can “reasonably” be relied upon as testimony...
The collapse of German payment processing company Wirecard into insolvency looks likely to result in a multi-hundred-million-euro loss, impacting lines including directors’ and officers’, crime...
Regulatory experts are divided over whether EU officials will recognise the UK’s (re)insurance framework as “equivalent” in time for the 31 December end of the Brexit transition...
The Hiscox Action Group has been granted permission to intervene in the Financial Conduct Authority’s test case on Covid-19 BI claims...
The result of the Financial Conduct Authority’s test case for disputed BI claims resulting from the coronavirus pandemic could have huge implications...
Property and casualty insurer Hallmark Financial Services is facing a class action securities lawsuit, following an 83 percent collapse in the company’s share price over the last six months...
Insurers involved in the Financial Conduct Authority (FCA)’s test case for BI disputes have hit back at the regulator’s assertion that a Covid-19 outbreak was the proximate...
RSA’s former Ireland CFO Rory O’Connor has been fined EUR70,000 ($785,947) and disqualified from working in financial services for more than eight years...
AmTrust and former CFO Ronald Pipoly have agreed to pay $10.5mn to settle charges from the Securities and Exchange Commission (SEC) over incomplete accounting disclosure...
The Financial Conduct Authority test case over pandemic-related BI claims could hinge on arguments relating to the vicinity of a Covid-19 outbreak...
