Keep up to date with the latest insurance and reinsurance news in our weekly round-up…
Lane Clark and Peacock (LCP), one of the UK’s largest independent financial consultancy firms, is preparing a £200m takeover of KPMG’s pension’s advisory arm.
Re/insurance broker Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.
Cyber security breaches will increase by nearly 70% over the next five years and cost businesses around $5tn (£4tn) annually, up from approximately $3trn today.
Just a few hours after Tesla launched its in-house car insurance product in California on August 28th, the company stopped offering rate quotes and suspended access to the insurance website.
Traditional medicines containing pangolin scales will no longer be covered by China’s state insurance funds, according to a government announcement.