Liability rates top show's agenda

Employers' liability rates hit the conference agenda with "the market not hardening, but turning to...

Employers' liability rates hit the conference agenda with "the market
not hardening, but turning to concrete", according to Dennis Mahoney,
chairman and chief executive officer of Aon.


Mr Mahoney said the premium increases in EL are evidence of structural
change, not the insurance cycle. He added: "EL specifically needs a fresh
regulatory approach. Perhaps we should switch it from a third-party
response to a first-party one. We cannot be the safety net for society.
When something fails, every one

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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