Holiday group to go head to head with insurers in High Court after rains shut down Somerset resort

Anant Bhalla turned a life insurer into a play on private assets. Now he wants to build a ‘merchant bank’ for the industry

Deal with Atlas SP comes after private capital group acquired unit from Credit Suisse

Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member states

Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago

Last year’s severe storms highlight growing challenge caused by climate change