Adaptation key to tackling flood risk, warns Flood Re chief

Andy Bord said adaptation is as important as mitigating future flood risk


UK insurers face multi-million payouts after losing BI appeal

Courts ruled in favour of Financial Conduct Authority in business interruption test case


UK trade credit reinsurance support programme extended

Government will now help underwriters until at least June 2021, in line with situation in Germany


Brexit opens door for conduct regulation reform, say industry leaders

Huw Evans and other insurance industry leaders discussed opportunities and challenges after Brexit


Covid-19 stalls progress on UK pandemic risk pool initiative

A report from the Pandemic Re Steering Group Committee awaits review by the government


Three pension insurer CEOs join ABI board

Tracy Blackwell, Addy Loudiadis and Andy Curran are the appointees


UK and EU approach to Solvency II "like papal schism"

Same doctrine, different politics will lead to some divergence


UK average motor claim value hits record high in Q2

But the number of motor insurance claims fell significantly, reflecting the lockdown period


COMMENT: Business interruption battle is no-win situation for insurers

The saga only means significant legal costs and damages trust in insurers


Charlotte Clark to succeed Hugh Savill as ABI's regulation chief

She joins from the UK's Department for Work and Pensions