Car insurance premiums fall, climate risk vulnerability & more…Keep up to date with the latest insurance and finance news in our monthly round-up…

Car insurance premiums fall in advance of whiplash payout reforms

Reforms to whiplash insurance payouts to stamp out bogus claims have helped to push down car insurance premiums by £100 in the past three months, according to comparethemarket.com.

BlackRock urges investors to rethink climate risk vulnerability

Investors are consistently under-pricing the potential impacts of climate change on their assets, and need to reassess their vulnerability to an increasing number of risks.

Mercer parent completes $5.6bn JLT acquisition

Marsh & McLennan Companies (MMC), the parent company to investment consulting company Mercer, has completed the $5.6bn acquisition of Jardine Lloyd Thompson (JLT).

Ethiopian crash could be largest non-war aviation reinsurance claim – Willis Re

Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, Willis Re has said.

Insurance sector making steady gender diversity improvements

Gender diversity has improved at nearly all levels of the UK’s insurance industry, new research has found, although the number of women in senior roles remains low.

Mutual insurance sector growth outstrips industry total

The mutual and cooperative insurance market has been the fastest-growing part of the global industry since the financial crisis, new research has uncovered.