Lloyds offloads Scottish Widows Europe in £100m deal Insurance Lloyds Banking Group has offloaded its European life insurance business to FTSE 250 firm Chesnara in the latter’s second major deal with a UK bank. The FTSE 100 banking giant – which posted a hefty profit jump last month for the 2025 financial year – has inked a €110m (£96m) deal with Chesnara for Luxembourg-based [...]
Why Which? is launching a super-complaint over insurance market failings Opinion Insurance companies are letting consumers down badly. Today Which? is calling for a fundamental reset of the market, says Rocio Concha Which? is today using its statutory powers to submit a super-complaint to the Financial Conduct Authority, calling for a fundamental reset in how home and travel insurance companies treat their millions of customers. Insurance [...]