What’s next for Direct Line after Ageas abandons takeover attempt? March 25, 2024 Direct Line's chief executive Adam Winslow has only been in the job for three weeks but is already making a strong impression.
NHS crisis driving surge in UK private health admissions to more than 900,000 March 25, 2024 The private health services is expected to see over 900,000 private admissions in 2024, as the surge in demand for the private healthcare continues as the crisis in the NHS battles on. According to an independent consultancy Broadstone, admissions using private medical insurance increased to 458,000 for the first three quarters of the year, an [...]
Mansion House reforms could deliver ‘huge benefit’ to UK, says pensions giant finance chief March 22, 2024 "If the rules and regulations allow us to change that that could be a huge benefit. What we're working on, is how do we actually facilitate and make this happen?"
Asset manager M&G tops City expectations as firm remains ‘on track’ for its 2025 targets March 21, 2024 "M&G has performed very well in 2023," Andrea Rossi, the firm's chief executive said.
Virgin Money agrees to £2.9bn Nationwide takeover March 21, 2024 The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.
Sabre Insurance: Motor insurer posts record premium income on the back of price hikes March 19, 2024 Sabre Insurance has posted a record premium income after the motor insurer reaped the benefits of price hikes while offsetting the impact of claims inflation.
London Market insurers seeking to relocate an aviation case to war-torn Ukraine March 18, 2024 The companies have had several aircraft damaged or destroyed in Dnipro International Airport and Boryspil International Airport following missile attacks as a result of the war.
Aviva sells stake in Singapore Life for more than expected as firm continues to simplify March 18, 2024 The sale continues Aviva's attempts to streamline its global operations to focus on its core markets of the UK, Ireland and Canada.
Belgians tap up Chinese ahead of possible third bid for Direct Line March 17, 2024 The boss of Belgian insurer Ageas is reportedly flying to China to meet its largest shareholder amid speculation he is trying to gather support to raise its £3.2bn takeover offer for Direct Line after being rebuffed twice.
Lloyd’s of London and Bermuda Monetary Authority partner to strengthen ties between global insurance hubs March 14, 2024 Lloyd’s has joined forces with the Bermuda Monetary Authority (BMA) to jointly develop an initiative for closer collaboration and alignment on sharing risk expertise between the two global insurance hubs.