Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.
Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.
Insurance giant Hiscox said Thursday that its London market unit has received its first claims from the conflict in the Middle East, although it expects losses to be manageable.
Broadstone launched a new service on Thursday to advise trustees and corporate sponsors of defined benefit pension plans tied to legacy insured contracts on how to manage their increasingly complex and costly arrangements.
The Financial Conduct Authority set out new guidance on Thursday on tough rules that have come into force requiring payment and electronic money institutions to safeguard customer money better.
Global funding for insurance technology companies remained steady at $1.63 billion in the first three months of this year, Gallagher Re said Thursday, while almost all of that investment went to companies focused on artificial intelligence.
Laka Ltd. has acquired the bike insurance business of U.K. specialist VeloLife in its fourth takeover since 2023, as the London-based mobility insurer steps up efforts to consolidate Europe's fragmented micromobility sector.