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Insurers could pick up bill for replacing dangerous cladding

Law360, London: Britain's professional indemnity insurance market could be forced to pick up a significant portion of the £22.4bn bill for replacing flammable cladding from buildings, an underwriter warned.

Claims firm beats whistleblower’s fraud case

Law360, London: A claims manager didn't blow the whistle on forged signatures at an insurance claims handler because he had waited until his resignation day to alert senior management, an employment tribunal has ruled.

HM Treasury publishes statutory report on Civil Liability Act's insurance impact

HM Treasury has published its statutory report examining the effects of the Civil Liability Act 2018 on motor insurance costs and policyholder benefits. The report analyses how the Act's whiplash reforms and changes to personal injury discount rates have affected insurers' costs in England and Wales. The publication fulfils Treasury's obligation under the Act to report to Parliament by 1 April 2025 on cost changes and policyholder impacts.

Insurance & Reinsurance weekly highlights—27 March 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: Insurer MS Amlin to write €110m for Ukraine war facility; the cases of Doroudvash v Zurich Insurance Plc and another, and R&B Plastering Ltd v UK Insurance Ltd; Global M&A rebound drives insurance boom, UK broker says; Chubb settles £3m building defect claim with housing association; Insurers provide £14.9bn of cover with post-Grenfell programme; UK car insurance premiums drop 17% amid lower claims; Aviva pays out £1.9bn in protection claims in 2024; FCA announces 2025–2030 strategy focusing on growth and regulatory efficiency; FCA announces regulatory streamlining plans following Consumer Duty implementation; FCA launches pure protection insurance market study; FCA urged to act as insurance finance rates still high; key cases and dates for your diary; and other news highlights reported over the past week.

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