Insurance news

• PIC seals $1.1bn reinsurance deal with Prudential

  13-06-2016 16:10
  Specialist pension fund insurer Pension Insurance Corporation (PIC)
  offloaded $1.1bn in longevity risk to Prudential Insurance Company
  of America, to cover 2,900 people in the Aon Retirement Scheme.
  The deal is PIC's first large pension insurance transaction
  since the implementation of Solvency II.
  "This deal truly demonstrates that large buy-ins priced
  under Solvency II are still an attractive option for
  trustees," said Bill McCloskey, vice president of longevity
  risk transfer at Prudential Fin
  
  Read more

• New MGA to target photographers and musicians

  25-06-2026 11:48
  
  MGA incubator OneAdvent has launched high-value asset MGA, Collective, which provides tailored insurance products to photographers and musicians.
  
  Read more

• Profile: Mike Dalby, Howden – One stop shop

  25-06-2026 10:52
  
  Mike Dalby, CEO of Howden consumer, outlines his career in insurance, how he went back to his family roots launching Health-on-line, and his plans for increasing the broker’s offering in its branches to become a “one-stop shop”.
  
  Read more

• Insurers slash war premiums for Strait of Hormuz ships

  25-06-2026 06:00 via ft.com
  Premiums for hull war coverage drop by more than half as ceasefire deal holds
  
  Read more

• Advertisement

• Prosus leads €480mn investment in French health tech start-up Alan

  24-06-2026 19:00 via ft.com
  Paris-based group raises one of Europe’s biggest non-AI start-up rounds this year
  
  Read more

• Biba CEO in Parliament: Brokers not an ‘endangered species’

  24-06-2026 17:42
  
  Insurance brokers remain a “sustainable” force in the personal lines space – and not an endangered species.
  
  Read more

• Principal motored towards £7m turnover in 2025 ahead of multiple deals

  24-06-2026 17:10
  
  Top 100 UK Broker Principal Insurance grew turnover by 4.4% and post-tax profit by 16.5% in the year-ended 31 October 2025, going on to seal three expansion deals.
  
  Read more

• Aviva continues commercial lines leadership team build

  24-06-2026 15:09
  
  Aviva has added Shyam Bhayani and David Thomas to its commercial lines chief underwriting office leadership team.
  
  Read more

• Advertisement

• How AI is transforming natural disaster prediction

  24-06-2026 13:00 via ft.com
  Catastrophe scientists are pushing past the limits of physics-based models, improving how insurers calculate risk
  
  Read more

• First quarterly rise in car insurance premiums for over two years

  24-06-2026 11:57
  
  Comprehensive car insurance premiums increased by 1% during the last three months, the first quarterly rise in over two years, according to Confused/WTW.
  
  Read more

• FCA brings fighting financial crime under the microscope for brokers and insurers

  24-06-2026 11:50
  
  The Financial Conduct Authority has pinpointed risk assessment, policies and procedures as areas for insurers and brokers to improve in the fight against financial crime.
  
  Read more

• Howden reveals revenue topped £3.5bn in 2025

  23-06-2026 17:28
  
  Howden Group has posted £3.52bn of adjusted revenue for 2025, driven by organic growth and acquisitions.
  
  Read more

• Partners& co-founder Davey exits full time leadership

  23-06-2026 12:54
  
  Partners& co-founder Lee Davey has announced he is stepping away from full-time executive leadership following medical advice.
  
  Read more

• Moorhouse founder Lyndon Wood returns to insurance market after five-year hiatus

  23-06-2026 12:48
  
  Insurance industry veteran Lyndon Wood and his wife Raghad Wood have launched broking and managing general agent offering Ragado.
  
  Read more

• Addept pens five-year capacity deal with Irwell

  23-06-2026 11:31
  
  Addept Insurance Services has signed a further multi-million-pound capacity deal with Irwell Insurance to support growth in its portfolio of legal expenses offering.
  
  Read more

• John Lewis regulated broker adds Ageas to home panel

  23-06-2026 11:26
  
  Ageas has joined John Lewis Money’s panel of home insurers taking the total to four.
  
  Read more

• Aviva building MGA hybrid fronting proposition

  22-06-2026 17:18
  
  Aviva has confirmed that it is developing a managing general agent hybrid fronting proposition within UKGI global corporate and specialty.
  
  Read more

• Insurance charity kicks off annual awareness week launching school grants programme

  22-06-2026 13:38
  
  The Insurance Charity has launched a school essentials grants programme, offering awards of £250 per child in the UK and €300 per child in Ireland to help cover a range of school-related expenses, including clothing and footwear, equipment, activities, and school trips.
  
  Read more

• TL Dallas grew revenue by more than a quarter and profit by almost 80% in 2025

  22-06-2026 12:51
  
  TL Dallas Group boosted turnover to £19.25m and post-tax profit to £1.46m in 2025, a filing at Companies House has revealed.
  
  Read more

• CII creates senior leaders advisory board with Markel’s Napoli as chair

  22-06-2026 12:16
  
  The Chartered Insurance Institute has formed a professional communities advisory board featuring Joel Markham from Axa, Allianz’s Eibhlin Swan, PIB’s Alycia Thomson, and Nicola Maguire of the British Insurance Brokers’ Association.
  
  Read more

• Irwell rolls out four new products

  22-06-2026 11:25
  
  Irwell has launched family legal protection and confirmed receiving regulatory approval for professional indemnity insurance, personal home emergency and landlord home emergency.
  
  Read more

• Do US insurers arbitrage capital regulations with private ratings?

  22-06-2026 07:00 via ft.com
  Probably!
  
  Read more

• Insurers reach for Latin dictionary to rebrand practice that angered Trump

  21-06-2026 06:00 via ft.com
  Notices of cancellation sent out by marine insurers after war broke out in the Gulf could be renamed ‘denunciato recisiones’
  
  Read more

• Newbie News: Digital broker Pizza to take slice of the market

  19-06-2026 17:29
  
  Pizza Insurance co-founders Colin Sadler, Marc Meeking and Sam Baker, have outlined their plans to give premium slices back to customers and scale the product range, after the broker was unveiled in May last year, going on to launch with a motor offering.
  
  Read more

• Iran to seek ‘insurance fees’ for passage through Strait of Hormuz

  19-06-2026 13:42 via ft.com
  Vessels must hold Tehran-approved insurance policy to use vital waterway, says government agency
  
  Read more

• Broking Success: Ian Evans, DPI – from TV to insurance

  19-06-2026 12:05
  
  Ian Evans, director and co-founder of DPI Insurance, tells Emmanuel Kenning about growing the family-owned business to £10m GWP and why, having switched from a career in the television industry to work with his two brothers, he would advise his younger self to do it all again.
  
  Read more

• Multi-million marine war risk consortium launched to support Strait of Hormuz shipping

  19-06-2026 11:35
  
  Chubb will serve as lead underwriter, supported by participating Lloyd’s syndicates and specialist market partners, on a newly launched consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz.
  
  Read more

• People Moves: 15 – 19 June 2026

  19-06-2026 10:45
  
  Stay in the loop with the latest insurance personnel moves.
  
  Read more

• Insurers seek to define ‘war’ as risk rises of global power clashes

  19-06-2026 06:00 via ft.com
  Trade body considers updating Five Powers exclusion to incorporate hostile drone incursions and subsea attacks
  
  Read more

• Are insurers becoming dangerously addicted to private credit ratings?

  19-06-2026 06:00 via ft.com
  We should worry about what happens when regulatory arbitrage goes unchecked
  
  Read more

Follow @Insurance_UKnws on Twitter!