Keep up with what’s been happening this week in our insurance news round-up…

 

Chancellor’s economic growth goal unrealistic, says think-tank

Chancellor Sajid Javid’s goal of doubling the pace of economic growth has a one-in-five chance ot success, an economic think tank has warned.

Cyber attacks now the top risk for UK businesses

Growing concerns around data privacy and regulations have seen cyber threats shoot to the top of the most pressing risks facing businesses in the UK.

Pension schemes slammed for ‘thin and non-committal’ climate change policies

Pension scheme trustees are failing to comply with their investment duties on climate change, according to a new report.

Aon buys Cytelligence to bolster group handling cyber hacks

Aon Plc bought closely held Canadian firm Cytelligence Inc. to help boost its ability to respond to and investigate attacks on computer systems.

AXA unit to buy RenaissanceRe (UK) Limited

Currently in run-off RenaissanceRe (UK) Limited is being sold by parent RenaissanceRe Holdings Ltd to AXA Liabilities Managers.

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