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FSA : reports on complaints
An FSA report showed combined complaints against Coutts and Towry breached the 2,000 mark in the second half of 2010.
The study also showed leading...
Which? : PPI complaints surge shows widespread mis-selling
As the Financial Services Authority (FSA) publishes the latest round of complaints data on individual financial businesses for the last six months in 2010,...
Fitch Affirms Zurich Insurance Company at IFS ‘A+’; Outlook Stable
Fitch Ratings has affirmed Zurich Insurance Company's (ZIC) Insurer Financial Strength (IFS) rating at 'A+' and Long-term Issuer Default Rating (IDR) at 'A'. The...
Recession-hit charities say Britain’s banks should donate more
Over half of Britain’s charities believe that the nation’s banks and financial traders are morally obliged to increase their support for charities following their...
Liberty Syndicates expands presence in Brazil
Following the establishment of its Brazilian operation in 2009, Lloyd’s underwriter Liberty Syndicates, a member of Liberty Mutual Group, has moved its growing team...
Strategic alliance for Swiss Re and PRO
Tawa plc’s subsidiary, PRO Insurance Solutions (’PRO’) and Swiss Re Europe S.A. German Branch (’Swiss Re’) today announced a strategic alliance for the German...
Lloyd’s : confidence in dealing with claims
The Lloyd's of London insurance market is confident it can deal easily with claims from Japan's earthquake even though natural disasters almost halved its...
Insurance market Lloyd’s 2010 profits tumble
The Lloyd's of London insurance market said Wednesday that profits sank last year due to major claims arising from earthquakes in Chile and New...
Exeter Family Friendly releases claims statistics
Specialist protection and healthcare insurer Exeter Family Friendly has released its income protection claims statistics for 2010, confirming it paid over 95% of all...
Younger Brits more likely to access pension pot early
Younger Brits are more likely to take advantage of early access to pension money than their babyboomer parents, according to research from AXA Wealth.
Over...
Arista 2010 figures show progress in the UK market
Commercial lines underwriting specialist Arista Insurance has recorded an EBITDA profit during 2010 of £682,471 compared with an overall loss in 2009 of £941,716.
The...
Scottish Provident paid out over £88 million for critical illness claims in 2010
Scottish Provident's critical illness claims report released today reveals it paid out over £88 million to critical illness policy holders during 2010. The report...
Hiscox estimates impact of 2011 major natural catastrophes
Hiscox has undertaken a first estimate of the impact of the 2011 New Zealand earthquake and the 2011 Queensland floods. The Group also makes...
Fitch downgrades and withdraws Novae’s ratings
Fitch Ratings has downgraded Novae Group plc's (Novae) Issuer Default Rating to 'BBB-' from 'BBB' with a Stable Outlook and subordinated debt issue to...
Prudential : numbers of poverty line pensioners on the rise
More than a third (35 per cent) of people planning to retire in the UK this year will do so with incomes below the...
Millions forced to wait longer for pensions under new bill
There is growing anger at the Government's broken promises on State Pension Age rises, according to Age UK, as new figures reveal the number...
Amii comments : PMI inconsistent NI treatment
The Association of Medical Insurance Intermediaries (AMII) is calling on the Chancellor George Osborne to remove the disincentives in the current tax treatment of...
Aviva / Canada : Data shows 40% of all home insurance claims are water-related
Water damage to homes comes with the warm arrival of spring. Data from Aviva Canada indicates that 40% of all home insurance claims are...
Fitch assigns Munich Re’s Hybrid Issue expected ‘A(exp)’ rating
Fitch Ratings has assigned Munich Re's ('AA-' /Stable) expected issue of hybrid securities in benchmark size an expected 'A(exp)' rating. The final rating is...
Jobseekers must take up training offer or lose benefits
Jobseekers will be given training to gain new skills, but will face having their benefits stopped if they refuse the offer of help, Employment...
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