Financial Ratings – Page 109
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NewsIndependent creditors to get 15p for every £1 they are owed
Failed insurer’s scheme of arrangement takes effect, ending 14 years of provisional liquidation
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Online onlyAXA hedges pension scheme against longevity risk
Pensioners will continue to receive income as normal following reinsurance deal
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NewsPRA will give insurers ‘plenty of time’ to adapt to Solvency II
Regulator to make final decisions on insurers’ internal capital models ‘in early December’
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Online onlyCarole Nash announces pre-tax growth against 'plummeting' premium levels
The Manchester based broker announces results on its 30th birthday
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NewsReinsurers broadened UK professional liability cover at 1 July renewals
Reinsurance price drops moderated, says Guy Carpenter
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NewsBudget - IPT hike will net Treasury £1.6bn extra per annum
But two car households will be £37 worse off a year, says AA
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NewsBudget - Osborne unveils corporation tax cut
Move designed to give UK lowest corporation tax rate in G20
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NewsBudget: Mistry predicts further IPT increases
Osborne’s hike may be part of long-term drive to harmonise tax with rest of EU
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NewsBudget - Osborne's IPT hike sparks industry dismay
Basic rate of premium tax increased from 6% to 9.5%
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NewsRSA mounts bid to claw back €1.25m from Smith
Insurer confirms appeal against tribunal ruling in favour of ex-Ireland CEO
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NewsRising taxes pose threat to insurers' growth prospects
Two thirds of CEOs worried about increasing taxes, warns PwC report
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NewsCooper Gay debt ratings at risk of downgrade
Moody’s puts broker’s B3 rating on review as profits weaken
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NewsBarbon returns to operating profit and closes Glasgow office
Carlyle-backed management buy-out completed last week
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NewsWillis share price rebounds following Towers Watson deal
Broker’s shares up 3.3% in yesterday’s trading
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NewsQuindell unit buyer Slater and Gordon in accounting error probe
Mistakes not related to law firm’s acquisition of Quindell’s professional services division
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NewsPremium finance firm Bexhill’s parent in £20.5m flotation
£10m IPO proceeds will help company lend more to brokers and take on bigger rivals
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NewsQuindell could face fraud probe over accounting
Serious Fraud Office is ‘liaising with regulators’ over the situation
