Ian Smith | Financial Times

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Monday, 5 December, 2022

War in Ukraine
Oil tanker jam forms off Turkey after start of Russian oil cap
Vessels mass in Turkish waters after Ankara demands confirmation of insurance cover
Friday, 2 December, 2022

UK insurance industry
UK financial regulator warns insurers over unfair payouts
Financial Conduct Authority says it has seen evidence that cars are being undervalued
Thursday, 1 December, 2022

UK financial regulation
City minister insists Brexit will benefit financial services
Andrew Griffith says reform of EU-era insurance sector regulation will boost UK economy
Wednesday, 30 November, 2022

Aviva PLC
Aviva finds more motorists are lying to secure cheaper policies
UK insurer warns against changing details such as age and driving penalties on applications
Tuesday, 29 November, 2022

Shaftesbury PLC
Shaftesbury property valuation hit by higher interest rates
Chief executive confident the West End landlord well placed to ride out economic downturn
Saturday, 26 November, 2022

Insurance
Catastrophe reinsurance set to soar after year of extreme weather, industry warns
Some reinsurers forced to exit market because of rising costs to provide cover
Tuesday, 22 November, 2022

Legal & General Group PLC
L&G defends risk management and blames mini-Budget for LDI crisis
Insurer’s chair and chief executive tell House of Lords bond sell-off ‘caught us all by surprise’
Friday, 18 November, 2022

Legal & General Group PLC
Legal & General estimates £10mn hit from UK pension fund liquidity crisis
Insurer says revenue related to flows from defined benefit pension funds had declined
Thursday, 17 November, 2022

Autumn Statement
Treasury sides with insurers to free up billions in capital
Change to Solvency II rule book sharply cuts the capital requirements of insurers
Wednesday, 16 November, 2022

Autumn Statement
Hunt prepares to step into the fiscal storm
Chancellor bids to repair UK’s tarnished economic reputation with tax rises and spending cuts, claiming pain is necessary
Wednesday, 16 November, 2022

Zurich Insurance Group AG
Zurich chief says rivals will struggle ‘to replicate’ new profit targets
Insurer aims to deliver a return on equity of more than 20 per cent between 2023 and 2025
Monday, 17 October, 2022

FT CollectionsGreensill Capital
Greensill creditors focus on insurance test case
Investors struggling to recoup billions from failed supply chain lender wait to see if patchwork of policies will pay out
Thursday, 8 September, 2022

Rothesay Life Ltd
Rothesay chief Loudiadis to step down after 15 years
Addy Loudiadis will hand over the reins of the pension insurance specialist after helping to create the market
Thursday, 8 September, 2022

Lloyd's of London Ltd
Lloyd’s of London expects £1.25bn hit from Ukraine war
Insurance market grapples with claims for aviation, shipping and bad debts
Tuesday, 6 September, 2022

Insurance
Home insurer Hippo defends start-up sector despite mounting losses
Sceptics underestimate ability of ‘insurtechs’ to innovate, says chief after group cuts 10th of its workforce
Monday, 5 September, 2022

Insurance
Lloyd’s of London defends cyber insurance exclusion for state-backed attacks
Critics fear holes in coverage but insurers say clarity is crucial for market to develop
Friday, 2 September, 2022

ExplainerWar in Ukraine
How would a G7 price cap on Russian oil work?
The idea is to force importers to abide by the ceiling if they want Group of Seven shipping insurance to transport the fuel
Friday, 2 September, 2022

News in-depthPrudential PLC
Prudential pivots to Asia just as regional storm clouds gather
Looming downturn, geopolitical instability and pandemic restrictions weigh on insurer’s new core markets
Sunday, 28 August, 2022

Insurance
Climate litigation threatens to push up companies’ insurance costs
Underwriters warn that a few big successes for activists could increase the price of liability cover
Thursday, 25 August, 2022

Swiss Re AG
Swiss Re loses employment tribunal over sexist comments
Female underwriter was subject to ‘sexist, demeaning and derogatory’ comments by senior manager
Tuesday, 23 August, 2022

Ping An Insurance Group Co of China Ltd
Ping An hit by enduring impact of pandemic but profits beat expectations
China’s largest insurer engaged in fight with HSBC as it tries to engineer break-up of bank
Monday, 22 August, 2022

News in-depthUK insurance industry
Pricing reforms reshape personal insurance market
Almost 800,000 fewer people look set to switch motor policy providers this year as shake-up also affects home cover
Friday, 19 August, 2022

UK property
Heatwave leads to surge in housing subsidence claims across southern England
Prolonged hot and dry weather expected to cause cracks to appear in thousands of homes
Wednesday, 17 August, 2022

UK house prices
UK house price growth slows to 7.8% in June, says ONS
Slower rate of increase skewed by tax break changes last year as housebuilder Persimmon warns of economic pressures on sector
Monday, 15 August, 2022

Phoenix Group Holdings PLC
UK life insurer Phoenix boosted by corporate pension deals
Rising rates have buoyed the market for groups to take on assets and liabilities of company schemes