UK insurers brace for major Hurricane Milton set to hit Florida October 7, 2024 Shares in London-listed insurers dropped on Monday as the market braces for costs tied to Hurricane Milton, a major storm expected to hit Florida by Wednesday.
Ageas: Belgian insurer mulls UK takeover after failed Direct Line bid October 6, 2024 Belgian insurance giant Ageas is open to making further takeover bids for British companies after a failed attempt to snap up Direct Line earlier this year.
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
Saga in talks with Belgium’s Ageas over insurance deal October 2, 2024 Saga, the British financial services and travel provider for over-50s, has said that it is in talks with Ageas for a deal involving its insurance arm as it looks to reduce debt.
Lloyd’s of London investor sees premiums soar thanks to bumper market September 27, 2024 Helios Underwriting's gross written premiums surged to £230m after Lloyd’s market has "exceptionally good" market conditions
Industry crackdown as insurance scams surge September 26, 2024 The UK insurance industry identified £1.1bn worth of fraudulent claims last year, highlighting the importance of focusing on tackling bogus insurance claims.
Revenue doubles for health insurance provider Personal as Brits look for NHS alternative September 24, 2024 Personal Group, a London-listed workforce benefits and health insurance provider, has delivered double digit revenue growth across all areas, as the business credits its strategy
Exclusive: Record amount of tax contributed by insurance members of ABI September 23, 2024 The Association of British Insurers has revealed its members contributed a record £18.5bn in tax to the UK’s public finances over the last financial year
Lloyd’s of London names Treasury veteran Charles Roxburgh as chair September 19, 2024 Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.
Bain Capital reportedly weighing sale of Direct Line rival esure September 16, 2024 Private equity giant Bain Capital is reportedly considering selling British motor and home insurer esure in the latest sign of M&A in the sector.