‘Immense potential’ for parametric insurance in UK market & more…Keep up with what has been happening this week in our latest insurance news round-up…

WTW to buy specialist MGA in Italy

Broking giant WTW is acquiring AIMUW, a specialist managing general agent in Italy, for an undisclosed sum.

‘You have a responsibility’: how Aviva’s Amanda Blanc has promoted equality in UK business

From BP to the CBI, the insurance boss has influenced some of the biggest changes in corporate Britain this year

Bain Capital Insurance invests $200m to launch The Mutual Group

Bain Capital Insurance has committed a substantial $200 million investment to spearhead The Mutual Group, a novel insurance platform designed to revolutionise the mutual insurance industry.

Reinsurers resist calls to cut prices for extreme weather cover

Property reinsurers are resisting calls to lower prices or soften terms for cover against extreme weather, brokers say, signalling there will be no let-up in affordability pressures that have had ripple effects throughout the global economy.

‘Immense potential’ for parametric insurance in UK market

’UK insurers increasingly need to fill gaps in their traditional insurance products to handle an increase in disruption,’ says chief executive