Approximately 90% of the total losses incurred by cyber attacks worldwide are not covered by insurance, far exceeding the protection gap associated with natural disasters.
The UKs financial services sector experienced a significant improvement in business conditions in the second quarter of this year, according to a survey of firms by the CBI and PwC.
Average comprehensive motor insurance premiums in the UK increased by 8.4% to £847 during the second quarter of this year the largest quarterly jump recorded since 2010.
Some 22% of UK chief financial officers (CFOs) think now is a good time to take risk onto their balance sheets down from 26% in the first quarter of this year.
One in three defined benefit (DB) pension schemes in the UK are at risk of failing to pay their member benefits in full, according to research by Punter Southall Transaction Services (PSTS).
One third of the UK workforce may have a health or wellbeing issue, with the most common being anxiety, depression and stress, according to research by PwC published today.
There were 125,000 dishonest insurance claims detected in the UK last year, with a total value of £1.3bn the equivalent of £25m every week, according to analysis by the Association of British Insurers (ABI).
Plans to clamp down on opportunists taking advantage of pensioners through scam phone calls have been omitted from the UK governments Financial Guidance and Claims Bill.
Approximately three-quarters of institutional investors say that risk mitigation is the main driver of their increased interest in environmental, social and governance (ESG) considerations.
The Pensions Regulator has detailed how it issued financial penalties to trustees of schemes who failed to meet basic governance requirements last year.
