Keep up with the latest insurance news in our weekly round-up…

 

Sainsbury’s ex-boss urges VAT rise to save High Street

Business rates should be halved and VAT increased to 22% in a bid to save the High Street, former Sainsbury’s boss Justin King has said.

Trump says Johnson’s Brexit could rule out US trade deal

Speaking to Nigel Farage on LBC Radio, the US president has said Boris Johnson’s Brexit deal could prevent the UK from agreeing a trade deal with the US.

Swiss Re’s net income up but catastrophes hit underwriting result

Global reinsurance giant Swiss Re has reported group net income of $1.3 billion for the first nine months of the year, supported by growth in reinsurance.

Aon moves jurisdiction from the UK to Ireland due to Brexit

Aon has revealed plans to move the jurisdiction of incorporation for its parent company from the UK to Ireland due to Brexit, according to a statement.

Willis Towers Watson announces three new cyber policies

Global insurance and reinsurance broker Willis Towers Watson has launched a range of new cyber insurance policies for clients in the U.S, Canada, the UK and Western Europe.

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