- August 24, 2018
- Posted by: lutherpendragon
- Category: Insurance news
week commencing 19/08/18:
Working 9 to 5? It’s no way to make a living, or at least according to a new survey by YouGov. Only 6% of UK workers now stick to traditional office hours, and the move towards a better work-life balance gets the Luther Towers stamp of approval.
Will Brexit break the City?
Whether the City of London takes a minor or major hit from Brexit comes down to the results from five major battlegrounds. Bloomberg explores the options. [Bloomberg]
Post-Brexit trade rulebook raises industry eyebrows
Broker trade body LIIBA has warned that several important questions have been left unanswered by the UK’s proposed new rulebook for financial services trade with the EU. [Insurance Day]
Cyber threats fall on deaf ears in energy industry
The former Director of GCHQ has issued a dire warning to the oil and gas industry to take seriously the threat against them from hostile states. [Independent]
Cryptocurrency cover struggles to get off the ground
With cryptocurrency becoming increasingly widespread insurers are beginning to provide cover, but underwriters still have reservations. [Insurance Day]
Genoa bridge disaster to cost €600m
The recent collapse of the Genoa bridge which left some 43 people dead is set to cost the insurance market in the region of €600m. [Artemis]
US employment liability market feels the Trump effect
Trump’s administration has turned its attention to the employment practices liability market but may yet find it hard to quell the momentum against misconduct in the workplace. [Insurance Day]
Reinsurance analysts predict end of rate increases
Industry analysts are predicting that rates will remain steady at 1/1, but bigger players will benefit from increasing demand. [Insurance Day]
Navigators to sell for $2.1bn
Acquisition of the week goes to US insurance group The Hartford, who have agreed a $2.1bn price tag to take over specialty insurer Navigators. [Re-insurance]
Working 9 to 5? Not a way to make a living
Working 9 to 5 is no longer the way most Brits make their living. A new YouGov survey has found that only 6% of workers now keep the traditional office hours. Will someone let Dolly know we need a new workplace anthem? [BBC]
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