Insurers news in 2025
3 stories, newest first.
- December 2025
Administrators to stop all Premier Insurance policies
Administrators of the failed Gibraltar-based insurer Premier Insurance plan to stop all remaining policies on 1 December 2025, leaving thousands of mainly motor customers needing new cover.
HSBC Life (UK) Limited acquired by Chesnara plc and renamed Chesnara Life (UK) Ltd
HSBC Life (UK) Limited has been bought by Chesnara plc and renamed Chesnara Life (UK) Ltd, with policyholders and advisers notified by letter or email during December 2025 and January 2026.
- January 2025
Insurers paid record £585m for weather damage in 2024
Insurers paid a record £585m in 2024 for weather-related damage to homes and possessions, according to Association of British Insurers data cited by Which?, with a further £322m paid in the first half of 2025.