Direct Line hikes prices as it tries to reassure investors it’s on track May 8, 2024 Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.
Hiscox: UK business in ‘growth mode’ as hard market continues May 2, 2024 Lloyd’s of London insurer Hiscox has grown its written premium by 8.3 per cent as the FTSE 250 carrier shrugged off a contraction in its London market.
The Notebook: What a house fire can teach the FCA about consumer duty breaches May 1, 2024 Lucy McNulty takes the Notebook pen to discuss the consumer duty, John Lewis' new interview process and a podcast recommendation.
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.
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.
The AA: Rising insurance premiums help revenue surge but profits slashed April 24, 2024 Rising insurance premiums helped revenue at The AA surge to almost £1.3bn but a slowdown in its breakdown service saw profits slashed by more than 40 per cent.
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.
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.
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.