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Insurance

  • 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.

  • Direct Line returns to profit but customers flee after firm hikes insurance prices

    September 4, 2024

    Direct Line's operating profit undershot expectations for the first half of 2024 as the firm shed more than a quarter of a million motor insurance customers following price hikes.

  • London insurance sector braces for Atlantic hurricane season

    August 21, 2024

    As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.

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