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Service

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Insurers' tax contribution greater than entire Home Office budget

The insurance industry made a total contribution of £10.4bn to the Exchequer, a report from the Association of British Insurers (ABI) and PWC has revealed.

clock 23 August 2011 •

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RBS pulls plug on Direct Line life business

Direct Line has stopped writing any new life or critical illness business from today.

clock 10 August 2011 •

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UPDATE: ABI expects riot costs will hit £200m

The Association of British Insurers (ABI) today increased its estimates for the cost to insurers of the riots which have gripped Britain to £200m.

clock 09 August 2011 •

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Planet Insurance - Dilnot's big opportunity

The publication of the Dilnot Report provides a once in a decade opportunity to arrive at a fair care funding system.

clock 03 August 2011 •

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NatWest and Tesco beat insurers to consumers' love

NatWest, part of the group which brought Britain's banking sector to the brink of collapse, and Tesco, a relative infant in financial services, have made it into the top five most loved brands in finance, while all the big insurers languish in bottom...

clock 25 July 2011 •

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FSA hits Willis Ltd with £7m fine

The Financial Services Authority has fined insurance intermediary Willis Ltd £6.9m for anti-bribery and corruption systems and controls failings.

clock 21 July 2011 •

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Aviva archives: eight odd insurance claims

Aviva is in the process of archiving hundreds of years of records, from its beginnings as the Hand in Hand Fire and Life Insurance Society in 1696.

clock 15 July 2011 •

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ABI to fund police fraud unit

An insurance fraud police unit is to be set-up, paid for through a police-private sector partnership.

clock 12 July 2011 •

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Zurich cuts 240 roles on return to direct market

Zurich has announced that it is planning to return to the direct insurance market in the UK later this year in a strategic partnership with its subsidiary Endsleigh.

clock 06 July 2011 •

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Aviva to sell RAC for £1bn

Aviva is to sell RAC, the second largest UK roadside assistance provider, to The Carlyle Group for £1bn.

clock 23 June 2011 •
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