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FSA fines £20k director of insurance broker AIF Limited
The Financial Services Authority (FSA) has fined Richard Holmes, a director of insurance broker AIF Limited, £20,020 for control failings in relation to an...
Fortis in partnership talks with the UK’s largest retailer Tesco
Belgium-based Fortis has emerged as leader of the pack of insurers vying for the contract to manage Tesco’s motor and home insurance businesses.
According to...
Increased excesses can cut cost of car insurance
Higher excess could leave you with a hefty sum to pay if you make a claim.
Insurance policies are designed to protect people from financial...
Recession : CBI survey shows Insurance companies are the most optimistic
Many parts of the UK’s financial services sector expect business volumes to rise in the next quarter after 21 months of falls, while optimism...
Hannover Re expects €25m Air France claims
Hannover Re expects to be hit with net damage claims of €25 million from the Air France plane crash earlier this month.
A spokesperson for...
Mickael Jackson’s death could cost billion’s dollars to insurers
Michael Jackson has announced last year a ten show comeback tour originally scheduled for London.
Tickets went on sale during March, with 75,000 tickets selling...
Glastonbury 2009 – 1000 AA signs lead the way to this year’s festival
The AA has provided direction signs for Glastonbury for 8 years It takes around 1,000 AA signs and nine months of planning to guide...
Impacts of the Climate change: threats or opportunities for businesses ?
Climate change will increase water scarcity, alter food production and dramatically change energy supply and migration patterns, according to a new report released today...
Longer working hours affect employees’ health
The development of the UK’s long hours culture could be putting employees’ health at risk, says Aviva Risk Management Solutions (ARMS), the new name...
Impact of recession on Insurance fraud
RSA survey reveals that at least 1.4 million Britons think that committing insurance fraud is more acceptable now than 12 months ago because of...
Aviva – Incredible transaction of $925 million from sale of Australian life business
Aviva plc ("Aviva") announces that it is to sell Aviva Australia Holdings Ltd, its Australian life and pensions business and wealth management platform (“Aviva...
How British business leaders are reacting to the recession
UK businesses are over-cautious and at risk of missing out on seizing opportunities due to a fear of taking acceptable risks, according to leading...
Warning this summer: Risk of flood
Hotter weather predictions this summer can lead to heavy downpours and businesses should be prepared for flash flooding, says Aviva Risk Management Solutions (ARMS),...
‘Swindle’ or ‘Special offers’ ? 10 insurance saving tips
Just as supermarkets are tempting customers with 'buy-one-get-one-free' deals, car insurance companies are also trying to woo motorists with special offers such as multi-car...
Who are the worst motorists in UK?
According to new research from Auto Trader Compare, the motor insurance comparison service from the UK's largest motoring website, BMW owners are deemed to...
Air France Crash AF447 may be the most Expensive since 2001
The Air France crash that killed 228 people may be the most costly airline disaster since 2001 as insurers led by Axa SA compensate...
Allianz commercial joins forces with Lloyds Banking Group
Allianz Commercial has announced June the 11th that it has secured a multi-year partnership with Lloyds Banking Group to provide insurance solutions to Lloyds...
Axa will cut 560 UK jobs
French insurer AXA will reduce by 560 the jobs across the UK over the next few months, including 120 into the largest UK office...
Holidaymakers could save almost 500%
Buying insurance from the travel agent rather than shopping around could see holidaymakers paying nearly 500% more for their travel insurance than necessary.
According to...
Car Accidents – What You Should Know About Your Car Insurance
Nobody chooses to be in an accident. But if you are responsible for one or a victim of one, either way, it is very...
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