Keep up to date with the latest insurance and finance news in our weekly  round-up…

 

Car insurance premiums fall in advance of whiplash payout reforms

Reforms to whiplash insurance payouts to stamp out bogus claims have helped to push down car insurance premiums by £100 in the past three months, according to comparethemarket.com.

BlackRock urges investors to rethink climate risk vulnerability

Investors are consistently under-pricing the potential impacts of climate change on their assets, and need to reassess their vulnerability to an increasing number of risks.

Mercer parent completes $5.6bn JLT acquisition

Marsh & McLennan Companies (MMC), the parent company to investment consulting company Mercer, has completed the $5.6bn acquisition of Jardine Lloyd Thompson (JLT).

Ethiopian crash could be largest non-war aviation reinsurance claim – Willis Re

Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, Willis Re has said.

Saga shares hit record low on profit alert

Shares in Saga, the over-50s insurance and holiday specialist, dived almost 40% to hit a record low of 65p after it reported lower profits and warned that earnings would be hit next year.

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