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Insurance

  • Saga cruises back to growth as over 50s return to the high seas

    April 17, 2024

    Saga's ocean cruising business roared back to life with underlying profit before tax hitting £35.5m, compared to an underlying loss after tax of £0.7m in the previous year.

  • Direct Line poaches another Aviva executive as new finance chief as turnaround continues

    April 10, 2024

    Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.

  • London insurers failed to move aviation mega-lawsuit out of UK court to Russia

    April 2, 2024

    The claimants in this case are some of the world’s largest aircraft lessors including AerCap, Aircastle, Avenue Capital, Carlyle Aviation Partners, FTAI Aviation and Merx Aviation.

  • US regulators limit insurer investment in Everton bidder 777 Partners

    April 1, 2024

    Regulators in two US states have reportedly pushed insurers to scale back their investments in Everton bidder 777 Partners.

  • Profit at Lloyd’s of London surges thanks to higher interest rates and premiums

    March 28, 2024

    The market reported an underwriting profit of £5.9bn - a £3.3bn increase on the previous year's figure of £2.6bn.

  • Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company

    March 28, 2024

    Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.

  • FCA warns insurers to stop undervaluing cars when settling claims

    March 27, 2024

    The Financial Conduct Authority (FCA) has issued a fresh warning that some insurance firms may be undervaluing written-off or stolen vehicles when settling claims.

  • 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?"

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