uk
UK floods : AXA calls for Government certainty on future flood defence funding
AXA is urgently calling on the government to be clear about its plans for the UK’s flood defence strategy and future funding to ensure...
Appointment : MMA Appoints First Major Account Manager
Broker-only insurer MMA has announced the appointment of Chris Line to the newly established role of Major Account Manager.
The new role, which reports directly...
Travel alert : warning for European travelers
The US State Department issued a formal alert Sunday warning Americans traveling in Europe to remain vigilant against "potential for terrorist attacks" and urging...
Appointment : Tim Rolfe is Head of UK Retail Strategy at Canopius
Canopius Group Limited (“Canopius”), a leading specialist insurance underwriting business, today announces the appointment of Tim Rolfe as Head of UK Retail Strategy.
Reporting...
Announcement : Aegon keeps protection but shuts pension admin division
Aegon today provides further details on the implementation of its plans, announced in June, to restructure and refocus its business in the United Kingdom....
Appointment : Artur Niemczewski is Xchanging ‘s Broking Services new Managing Director
Xchanging plc, one of the largest and fastest growing global business processors, today announced the appointment of Artur Niemczewski as Managing Director of Xchanging...
Quinn : UK commercial insurance ban stands
The Irish regulator and the Central Bank have confirmed an earlier decision that prevents Quinn Insurance writing commercial insurance in the UK.
A statement...
Flood insurance : policies should reflect flood risk
Representatives from the insurance industry met with the National Flood Forum, the Environment Agency and local government to discuss the challenges in managing future...
Report : UK younger generation’s pension to decrease
The projected pension pot of an average 30 year old when he or she retires at age 65 decreased again over the past four...
Report : UK needs to prepare for climate change
Insurance costs will rise for home and business insurances if Britain does nothing to prepare for the impact of climate change.
"The UK must start...
Acquisition : AXA UK life integrates with Friends Provident
Resolution today confirmed it has completed the acquisition of the AXA UK life businesses comprising protection, corporate benefits and annuities.
The combined business is now...
UK Pension : Private sector final salary liabilities hit £1.2 trillion
Pension liabilities for UK private sector final salary pension schemes have hit the £1.2 trillion (£1,200,000,000,000) landmark as market conditions continue to deteriorate for...
Insurance market : Legal & General insurer shares rise on bid talk-traders
Shares in insurer Legal & General rose 3 percent on Wednesday, hitting a near two-year high and outperforming UK peers, with traders citing market...
Oak expands distribution footprint with Westinsure
High net worth specialist Oak Underwriting PLC has agreed a deal with Westinsure Group to provide high net worth (HNW) expertise to its network...
Resolution buys AXA businesses in UK for 2.75 bln pounds
British investment group Resolution said Thursday it has agreed to buy French insurer AXA's British life insurance and savings units for 2.75 billion pounds...
The increase to insurance premium tax : Comment on Emergency Budget
Experts from moneysupermarket.com comment on the following measures set out in today's Emergency Budget:
1. bank levy and student debt book
2. the increase to insurance...
British bank RBS says will axe 2,600 jobs, mostly in insurance division
Britain's state-rescued lender Royal Bank of Scotland announced on Monday that it plans to axe 2,600 jobs.
The bank, which is 83-percent owned by the...
IMF proposes global bank tax plans
The International Monetary Fund has proposed two new global taxes on banks and other financial institutions to cover the cost of future bailouts, the...
Aviva UK Health launches new group critical illness product
Aviva UK Health today announced that it is enhancing its group risk proposition with a new group critical illness product. This addition and its...
Advice on avoiding damage to your home in the big thaw
With the big thaw expected to hit most of the UK this weekend after weeks of freezing cold temperatures, you could need the following...
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