Pressure grows on pension providers to scrap Russian investments March 2, 2022 Pressure is growing on the UK’s biggest pension and insurance fund managers to slash their Russian exposure.
LV appoints former Bupa chief David Hynam to top job September 26, 2022 Insurance giant LV group announced this morning that former Bupa chief executive David Hynam would take over leadership of the firm after the departure of controversial chief Mark Hartigan at the end of this month.
Disney helps propel Excel London to year of record-breaking success June 19, 2024 Excel London, the UK's largest exhibition centre, has had a record-breaking year as a surge in visitors boosts its revenue to its highest level ever.
BoE: ‘No interest’ in lowering capital requirements for insurers post-Brexit March 16, 2021 The review into Britain’s financial rules post-Brexit will not lead to any “radical departure” or a reduction in capital requirements, the Bank of England (BoE) said today. Brexit has prompted the government to look at insurance capital rules inherited from the EU, with hopes it could lead to fewer requirements. The bank’s Deputy Governor Sam [...]
Direct Line to put flagship brand on price comparison sites for the first time July 10, 2024 Direct Line will list its signature brand on price comparison sites for the first time in its history, having held off doing so for years.
Phoenix Group set to buy Sun Life UK in £248m cash deal August 4, 2022 Pensions giant Phoenix Group is set to snap up life insurance firm Sun Life UK today in a cash deal worth £248m, the firm announced this morning.
Direct Line to report interim results in indication of turnaround plan September 1, 2024 Direct Line shareholders will get an early sign of whether the insurer’s turnaround plan is beginning to bear fruit as it posts its interim results on Wednesday. Shares in the insurer, which owns Churchill, Privilege and the breakdown recovery provider Green Flag, are down 12 per cent since May and its long-term record makes for [...]
Storm in a spinning teacup: Butlin’s sues Aviva over definition of flooding April 28, 2024 Butlin's is suing Aviva over the definition of a storm, after serious flooding forced it to shut its largest resort.
Time to celebrate one of London’s overlooked success stories April 29, 2024 The decline of London’s equity market has dominated the headlines, obscuring what has been one of the City’s great success stories.
Allianz loses appeal in Covid-19 business interruption case January 16, 2024 Allianz has lost an appeal in a major Covid-19 business interruption claim in a decision that looks set to close a chapter of major court battles linked to such disputes.