Australia: State-run insurance would expose Tasmanians to financial risk

Published on July 4, 2025
The plan by the Tasmanian Liberals to establish a state-owned insurance company would put significant financial risk onto the public balance sheet according to Insurance Council of Australia (ICA).
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Athora to acquire Pension Insurance Corporation for £5.7bn

July 3, 2025
Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a specialist insurer of UK defined benefit pension schemes, for approximately £5.7 billion.Athora has €76 billion of assets under management and administration, on behalf of 2.8 million policyholders, and PIC h

Previsico urges cross industry collaboration to tackle extreme flooding

July 4, 2025
Previsico, the actionable flood warning insurtech, has called for collaboration between insurers, government, and industry to tackle the growing threat of extreme flooding globally during the London Climate Action Week, which took place last month.The flood insurtech engaged with policymakers, insurers, and innovators at the London Climate Action Week to drive forward a collaborative agenda for fl