All Topics articles – Page 29
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NewsJapanese insurer appetite for London not dulled by Brexit
There are fears that Lloyd’s could lose out if free trade between UK and EU is restricted
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NewsBrightside HQ's sale and lease back deal falls through
The Brightside deal collapsed as a result of Brexit
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NewsAdmiral hopes Brexit will bring changes to gender pricing
Group chief exec Stevens says gender pricing for motor insurance is ”unfair”
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NewsQBE’s Richard Pryce makes Brexit passporting plea
QBE Europe chief executive airs frustration about post Brexit passporting
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NewsAdmiral solvency ratio drop and Brexit warning ‘worrying’
Decline in motor insurer’s solvency ratio in first half concerns analyst
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NewsHastings: UK/Gibraltar link will survive Brexit
Insurance reassures market about post-Brexit trading
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NewsHester: Brexit is a net positive for RSA
Chief executive explains how insurer is insulated from Brexit effects
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NewsJLT not worried about Brexit impact
Leave supporter and JLT chief executive Dominic Burke has said he is not worried about Brexit impacting the broker, the Financial Times reported. Burke, who has been one of few financial chief executives to publicly support Brexit, said the broker was well adapt to cope. ...
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NewsLosing passporting will be ‘administrative nightmare’ says Biba
Biba outlines brokers’ key challenges as UK makes moves to exit the EU
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NewsAIG UK launches Brexit insurance
Insurer AIG UK has launched a Brexit add-on to its directors’ and officers’ liability (D&O) coverage. The add-on will cover the cost of legal challenges that might arise as a result of the UK’s decision to leave the European Union. For example, it would cover the ...
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NewsElite to set up Luxembourg unit to combat Brexit
Gibraltar-based insurer Elite has chosen Luxembourg as the location for its second insurance company, which it is setting up to counter the effects of Brexit. The company said last month that it was planning to set up a new regulated insurance company in the European Union ...
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NewsBrexit: Hiscox mulls setting up EU-based insurance company
Hiscox has said it is considering setting up a new EU-based insurance company as trading arrangements become clearer following the UK decision to leave the EU. Following the release of the half year results this morning the Lloyd’s insurer said it was preparing for a range ...
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NewsFCA’s Bailey: Brexit will not trigger regulatory ‘bonfire’
The UK’s exit from the European Union will not necessarily mean a big clear-out of EU-derived legislation, new FCA chief executive Andrew Bailey said. Responding to a question about the potential for deregulation post-Brexit at the FCA’s annual public meeting yesterday, Bailey said: “It is important ...
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NewsBrexit could mean end for gender pricing ban – report
Insurers are hoping that the UK’s decision to leave the European Union will mean an end for the ban on basing premiums on a customer’s gender, the Telegraph reports. Since 21 December 2012, the EU Gender Directive has required that insurers offer gender-neutral pricing, which has ...
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NewsArron Banks 'not ruling out' leadership bid for UKIP
Arron Banks has not ruled out plans to launch a leadership bid to head up UKIP following the resignation of Nigel Farage. Speaking on BBC One’s Andrew Marr Show, Banks also vowed to spend £10m to fight Theresa May at the 2020 general election if she ...
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Online onlyBrexit risks thousands of London insurance jobs
Up to 80,000 jobs in London’s financial services industry could be relocated because of Brexit, according to Boston Consulting Group. And a signficant chunk of those jobs being moved will be insurance, the consultancy says. The doomsday prediction comes after BCG surveyed the financial servies sector ...
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NewsHastings, Direct Line tipped as best motor performers post-Brexit
Hastings and Direct Line are better-positioned financially for Brexit than some of their motor insurer rivals, according to investment bank Berenberg. “Hastings and Direct Line look set to fare relatively well, while we note increasing pressure on esure’s solvency ratio and dividend,” analyst Iain Pierce wrote ...
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NewsMalta's Building Block hopeful of keeping UK trade links post-Brexit
Maltese insurer Building Block is hopeful of maintaining trade links with the UK once the UK leaves the European Union (EU), chief executive Paul Brierley said. Malta is an EU member state and Building Block writes business in the UK through the European Economic Area (EEA) ...
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NewsABI to attend Sajid Javid’s Brexit roundtable tomorrow
The ABI will join Lloyd’s at the Department for Business, Innovation and Skills Brexit roundtable tomorrow morning. The roundtable will be chaired by business secretary Sajid Javid. Lloyd’s revealed last week that it had been invited to the roundtable. Other attendees will include financial services lobby ...
