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    Ian Smith

    Insurance correspondent

    Ian Smith is the FT's insurance correspondent, covering the global industry from London. He was previously deputy markets news editor, and before that worked on the special reports desk. He joined the FT from Investors' Chronicle in 2018, where he was companies editor.

    He won the Scoop of the Year award at the 2023 British Insurance Brokers' Association media awards, and in 2022 took home Journalist of the Year as well as the Best Consumer award for a piece on how low-income households were being treated by the insurance sector.

    Email Ian Smith @iankmsmith  on Twitter (link opens in a new browser window)

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    • Friday, 24 November, 2023
      Boots UK Ltd
      Boots offloads £4.8bn pension scheme to Legal & General

      Deal could pave way for sale of pharmacy chain and comes on same day as £4bn Co-op agreement

      A Boots store in London
    • Tuesday, 21 November, 2023
      UK insurance industry
      Lloyd’s brokers settle with US DoJ over Ecuadorean bribery scheme

      Tysers and HW Wood paid bribes via Florida bank accounts, say authorities

      US 100 dollar notes
    • Sunday, 19 November, 2023
      Insurance
      Generali executive warns on private equity funds in insurance

      Short-term funds can have misaligned interests, says finance chief, after collapse of rival insurer

      The Generali logo
    • Thursday, 16 November, 2023
      Pensions industry
      Jeremy Hunt to unveil expanded role for UK’s pensions lifeboat fund

      Chancellor’s move is part of range of measures aimed at channelling retirement fund investment to boost economic growth

      Jeremy Hunt
    • Wednesday, 15 November, 2023
      FT CollectionsWar in Ukraine: economy and trade
      Ukraine reaches deal with insurers for grain shipments

      Arrangement created with broking giant Marsh McLennan will provide affordable cover for Black Sea vessels

      Odesa port
    • Tuesday, 14 November, 2023
      News in-depthUK politics
      David Cameron joined by familiar faces as he returns to UK politics

      New foreign secretary attends first cabinet in more than 7 years after Rishi Sunak reshuffles top team

      Foreign secretary David Cameron and minister for development in the foreign office Andrew Mitchell
    • Tuesday, 14 November, 2023
      Insurance
      Aon president warns insurers against ‘walking away’ from major risks

      Industry should be ‘very careful’ about offloading coverage of cyber attacks and pandemics to public sector

      A woman inside a flooded flat
    • Monday, 13 November, 2023
      Special purpose acquisition companies
      London Spac ditches attempt to raise funds for insurance deal

      Financials Acquisition Corp blames volatile markets for failure to attract investors and says it will wind up

      A sign in the London Stock Exchange Group’s office atrium
    • Wednesday, 8 November, 2023
      Lloyd's of London Ltd
      Lloyd’s of London pledges $50mn over ‘central’ role in the slave trade

      Historic evidence to show involvement but insurance market rejects calls to compensate descendants

      Outside of Lloyd’s of London building
    • Monday, 6 November, 2023
      Greensill Capital
      Greensill misled German regulator on insurance deal, IAG claims

      Defunct lender hid deal to fund its own claims as it sought lower capital requirements, insurer alleges

      Entrance to Greensill Capital UK offices
    • Sunday, 5 November, 2023
      Shipping
      Shipowners urged to protect vessels against electric-car fires

      Exports of lithium ion-based products increase safety risks and pose ‘huge problem’ for shipping, says IMO

    • Friday, 3 November, 2023
      Private equity
      IMF raises alarm over ‘contagion’ from private capital in life insurance

      Potential for ‘contagion’ to wider financial sector and real economy as private capital groups have flooded in

      IMF logo
    • Thursday, 2 November, 2023
      Greensill Capital
      Greensill insurer IAG turns fire on rivals in battle over investor losses

      Australian insurer says Tokio Marine and Marsh McLennan should also be liable if legal case is lost

      The offices of Greensill Capital
    • Wednesday, 1 November, 2023
      UK insurance industry
      Is state intervention needed for cyber insurance?

      A systemic attack could be too large, too widespread, to be insured

      The scene after an IRA bomb exploded in London in 1992
    • Monday, 30 October, 2023
      Climate change
      Insurer body plans infrastructure fund for climate-hit economies

      Insurance Development Forum backed by UN and World Bank seeks to raise hundreds of millions of dollars

      A depleted river in Yemen
    • Sunday, 29 October, 2023
      UK insurance industry
      UK insurance brokers back move to cut costs for leaseholders

      Five groups pledge to stop sharing commissions with landlords and to cap fees

      The Nine Elms development in Battersea
    • Sunday, 29 October, 2023
      UK insurance industry
      UK home insurance prices set to jump after dire year for underwriters

      Rise of 36% expected due to swings in weather, higher inflation and strained supply chains, says EY

      Aerial view of terraced homes in UK
    • Wednesday, 25 October, 2023
      Electric vehicles
      Surging UK insurance premiums for EVs pose risk to widespread adoption

      Difficulties in sourcing spare parts and specialist labour drive sharp rise in costs

      An electric vehicle plugged in at a charging point in London
    • Tuesday, 24 October, 2023
      Healthcare costs
      Bupa faces UK doctors’ rebellion over private healthcare fees

      Anaesthetists resign from contracts with medical insurer as private sector picks up strain from NHS

      An anesthetist checks information displayed on electronic screens
    • Sunday, 22 October, 2023
      Climate change
      Lloyd’s of London warns insurers climate-related pain is still to come

      Executive at the insurance market has called for ‘urgent’ investment in risk modelling

    • Wednesday, 18 October, 2023
      UK insurance industry
      Lloyd’s finds major hack of a payments system could cost $3.5tn

      Insurers and policymakers are increasingly worried about the threat to infrastructure from cyber attacks

      Light glinting off the Lloyd’s of London building in the City of London,
    • Monday, 16 October, 2023
      Insurance
      Howden agrees £500mn deal to turn start-ups into underwriters

      UK insurance broker secures backing from Lloyd’s of London firms to provide coverage alongside new ventures

    • Friday, 13 October, 2023
      Equifax Inc
      UK regulator hits Equifax with £11mn fine over cyber breach

      Credit reporting agency failed to protect data of almost 14mn customers during 2017 breach

      A monitor displays Equifax signage on the floor of the New York Stock Exchange
    • Wednesday, 11 October, 2023
      Lloyd's of London Ltd
      Lloyd's poised to resist calls for direct compensation over slavery role

      Insurance marketplace under pressure to do more to address its role

    • Monday, 9 October, 2023
      Metro Bank
      Metro Bank backs branch model after striking financing deal

      UK challenger bank announces £325mn capital raise and £600mn of debt refinancing

      A Metro Bank branch in London
    Previous page You are on page 1 Next page

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