Keep up to date with the latest insurance news in our weekly round-up…
Around 1.800 jobs are being axed at Aviva over the next three years as part of an overhaul to save £300 million a year.
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.
Re/insured losses are expected to climb into the multi-billion dollar range as severe weather and storm activity in the US remained high for a second consecutive month in May.
In an announcement by Allianz Insurance, it outlined proposed changes to its claims operation as part of the development of two claims handling centres of excellence in Birmingham and Milton Keynes.
Swiss Re has taken the first steps towards floating its UK life insurance business, ReAssure, in London.