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Insurance sector

Articles on the insurance sector from our leading edge monthly magazine, FS Focus.

Car insurance premiums fall

Car insurance prices have recorded their first year-on-year fall since 2014, following reforms to whiplash payouts and a review of compensation paid to victims of motor accidents.

Europe backs delay of IDD

The European Council has backed a proposal to delay the introduction of new laws on the distribution of insurance products until October 1 2018.

AIG to buy reinsurer Validus

American International Group is set to acquire Validus Holdings for $5.56bn in cash to strengthen its reinsurance business.

Zurich acquires ANZ's life insurance business

Swiss insurer Zurich has bought ANZ’s life insurance business, OnePath Life, for US$2.1bn, making it number one in the Australian retail life insurance market. Until now, Zurich has held the number five position.

FCA to review insurance brokers

The financial watchdog has launched a study of the wholesale insurance sector, probing into how £68bn of specialist insurance is bought and sold in the City.

Townsend returns to AIG

American International Group has appointed Chris Townsend to the newly created role of chief executive officer of international general insurance.

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