Insurance

2019 Articles

Customers pay up to £3,000 to make a car insurance claim
Customers pay up to £3,000 to make a car insurance claim
Extra costs that come with making a car insurance claim have skyrocketed in recent years, according to research, with some [...]
August 19, 2019
The founder of Yulife on avoiding the grey-suit mentality of the insurance industry
The founder of Yulife on avoiding the grey-suit mentality of the insurance industry
Dressed in a tie-dye T-shirt and jeans, Sammy Rubin looks more like a climate change activist than the chief executive [...]
August 19, 2019
High Court blocks Prudential’s £12bn transfer of annuities to Rothesay
High Court blocks Prudential’s £12bn transfer of annuities to Rothesay
The High Court has taken the highly unusual measure of blocking a proposal by Prudential to transfer £12bn of annuities [...]
August 16, 2019
Prudential outlines demerger date as profits rise
Prudential outlines demerger date as profits rise
Britain’s biggest insurer Prudential said this morning that its highly-anticipated demerger will take place later this year, as it also [...]
August 14, 2019
Admiral profits dented £33m by regulation change
Admiral profits dented £33m by regulation change
Car insurer Admiral has taken a £33.3m hit to its profits following the introduction of changes to how compensation for [...]
August 14, 2019
Lloyd's of London beats electronic trading target
Lloyd's of London beats electronic trading target
It is one of the oldest institutions in the City, but there are signs of modernisation at Lloyd’s of London. [...]
August 12, 2019
Royal London sales hit by DB transfer drop despite rise in profits
Royal London sales hit by DB transfer drop despite rise in profits
Royal London, the UK’s largest mutual life insurer, has reported a drop in new business sales during the first half [...]
August 12, 2019
Insurer Zurich expects to beat targets as profits jump
Insurer Zurich expects to beat targets as profits jump
Zurich Insurance Group hailed its best performance in a decade this morning after reporting a double-digit rise in profits and [...]
August 8, 2019
AA share price climbs as earnings accelerate
AA share price climbs as earnings accelerate
Breakdown insurance firm AA saw its share price rise almost five per cent this morning as it told investors that [...]
August 8, 2019
Hastings insurance struggles as rate change sinks profit
Hastings insurance struggles as rate change sinks profit
Insurer Hastings saw shares fall seven per cent this morning as profits were slashed nearly in half over the first [...]
August 8, 2019
Aviva confirms review of Asian insurance units
Aviva confirms review of Asian insurance units
Aviva confirmed it is reviewing its Asian insurance arms with the potential for a sale as it revealed what its [...]
August 8, 2019
Pensions consolidator Phoenix posts jump in profit
Pensions consolidator Phoenix posts jump in profit
Insurance firm Phoenix has posted a surge in profit for the first half of the year after buying out more [...]
August 7, 2019
Legal & General boosts profit and revenue
Legal & General boosts profit and revenue
Legal & General boosted profit and revenue in the first half of 2019, as it said the UK represents an “enormous [...]
August 7, 2019
Insurance M&A jumps to highest level in four years in first half of 2019
Insurance M&A jumps to highest level in four years in first half of 2019
Insurance M&A rose to its highest level in four years in the first half of 2019 with 222 deals completed [...]
August 1, 2019