RSA exits UK personal lines motor market & more…Keep up with what has been happening this week in our latest insurance news round-up…

RSA exits UK personal lines motor market

Intact Financial Corporation (Intact) – the largest provider of property and casualty (P&C) insurance in Canada – and its subsidiary RSA Insurance (RSA) will leave the UK personal lines motor market.

South African catastrophes, power woes signal end of cheap insurance

Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the continent’s most developed insurance market.

Tower’s new sustainability manager “super excited” to drive further change

Tower Limited, whose sustainability journey began in 2021 with the development of the insurer’s environmental, social, and governance (ESG) strategy, has announced the appointment of former product manager Will Hay as sustainability manager.

NFU Mutual recognised as ‘exceptional workplace’

NFU Mutual has today been named a winner of the Gallup Exceptional Workplace Award for 2023 – an award which recognises organisations that put their people at the heart of their business strategy.

Global growth opportunities outweigh elevated geopolitical and economic risk landscape: Marsh report

Marsh, the world’s leading insurance broker and risk advisor, released its 2023 Political Risk Report, outlining the major shifts and trends in the global political and economic landscape that will impact multinationals and investors in the coming year.

RSA takeover set to complete by end of May & more...

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