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Market turmoil may hinder UK’s plans to reform EU insurance solvency rules

by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

“We are absolutely committed to delivering reforms to Solvency II, which could unlock tens of billions of pounds of investment into long-term UK infrastructure,” a government spokesperson said. Kwarteng has said he will announce “an ambitious set of regulatory...

Lemonade enters UK with Aviva’s strategic partnership

by AIP Online Bureau | Oct 4, 2022 | Intermediaries, International News, Non-Life, Technology

Founded in 2015, Lemonade launched its flagship renters insurance in the United States in 2016, where it is now ranked one of the top renters insurance products in the market LONDON & NEW YORK: Lemonade, the insurance company powered by AI and social impact, today...

Mental health in the UK is about to get worse – and inequality will have a lot to do with it

by AIP Online Bureau | Oct 2, 2022 | Eco/Invest/Demography, Facts, Health

Countries with lower levels of inequality, such as Japan and Spain, typically have lower levels of these problems. Countries with higher levels of inequality, such as the UK and the US, typically have much higher rates. This relationship also exists for mental health....
India overtakes Britain to become world’s fifth biggest economy

India overtakes Britain to become world’s fifth biggest economy

by AIP Online Bureau | Sep 3, 2022 | Eco/Invest/Demography, International News

The IMF’s own forecasts show India overtaking the UK in dollar terms on an annual basis this year, putting the Asian powerhouse behind just the US, China, Japan and Germany. A decade ago, India ranked 11th among the largest economies Britain has dropped behind India...

Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

by AIP Online Bureau | Aug 22, 2022 | Eco/Invest/Demography, International News, Non-Life

Strike action will cause huge disruption and will generate massive shockwaves throughout the UK’s supply chain, but this dispute is entirely of the company’s own making,” said Bobby Morton, the Unite union’s national officer for docks. LONDON:...
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