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

 

TSB returns to growth after IT meltdown

TSB announced it has returned to growth following a computer system meltdown that left millions of customers unable to access their accounts.

Eurozone prepares for interest rate cut as growth slows

The European Central Bank has hinted it could cut interest rates to tackle a slowdown in the Eurozone economy.

Brexit ranked a bigger solvency risk than IFRS 17

Non-life insurers across the UK and Ireland think that Brexit poses a bigger risk to their solvency than IFRS 17, an annual survey by LCP has uncovered.

Boeing recovered $500m from insurers due to fleet suspension

US aircraft manufacturer Boeing has disclosed that it recovered $500 million from its re/insurance program during the second quarter of 2019 for losses related to the grounding of its 737 MAX fleet.

Willis Towers Watson: Insurtech investment is still ‘buoyant’ in Q2

The latest report from Willis Towers Watson (WTW) found that investment in insurance tech – insurtech – companies for the second quarter of 2019 remains at high levels.

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