Bank of England

Read all of the latest news related to the Bank of England that insurance professionals need to know!

White House tells AI labs to hold new models back from UK testers
The reported request could cut off one of the few independent checks on what frontier AI can do, just as cyber underwriters are rewriting wordings for agents that break in on their own
White House tells AI labs to hold new models back from UK testers
UK businesses staying quiet on cyber incidents risk legal exposure - survey
Data breach reporting duties are clear, yet many UK businesses keep attacks quiet - a warning sign for brokers advising clients
UK businesses staying quiet on cyber incidents risk legal exposure - survey
What FCA's SME finance review means for trade credit insurers
Micro-businesses struggling for finance are often the same ones going underinsured
What FCA's SME finance review means for trade credit insurers
PRA stress test too demanding, insurers tell Bank of England
That was just too stressful say carriers
PRA stress test too demanding, insurers tell Bank of England
UK inflation climbs to 3.1% - insurers can feel the pressure
Official figures out this morning confirm what motor and property insurers have been pricing in for months
UK inflation climbs to 3.1% - insurers can feel the pressure
Insurance and finance keep adding jobs as the UK's hiring slide runs into a seventh month
Our industry is bucking the trend
Insurance and finance keep adding jobs as the UK's hiring slide runs into a seventh month
Silicon Valley's AI 'extinction' panic lands on a market that's already nervous about the risk
AI workers quit over human doomsday scenario
Silicon Valley's AI 'extinction' panic lands on a market that's already nervous about the risk
Bank of England chief warns AI cyber risk threatens financial stability
Bailey raises concerns AI is evolving faster than we can contain it.
Bank of England chief warns AI cyber risk threatens financial stability
CII warns of AI 'fluency gap' threatening responsible adoption across insurance
A new CII report says boards and customer-facing staff need training that goes beyond basic AI tool use, or trust in the sector could suffer - and brokers have a specific question worth asking every carrier partner using AI
CII warns of AI 'fluency gap' threatening responsible adoption across insurance
Allianz Trade could slash cover for Vistry suppliers by up to 70%
The quiet pullback signals rising risk across the construction supply chain, and brokers with exposed clients should act before it shows up at renewal
Allianz Trade could slash cover for Vistry suppliers by up to 70%

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AI agents could leave commercial losses between insurance policies
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PFAS claims could put decades-old policies back in play
PFAS claims could put decades-old policies back in play Environmental
London market's CDR now covers full insurance lifecycle after five years
London market's CDR now covers full insurance lifecycle after five years Insurance News
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