Latest News – Page 1766
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Aviva shares up 15% as it unveils £1.3bn surplus
Chief executive insists company’s capital position is strong though volumes may fall.
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All eyes on insurers as contagion spreads
Bank of England report and falling share prices stoke fears that insurance sector will be hit hard.
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News in brief
Web hits motor insurers Price comparison sites have hit motor insurers’ profit margins and are forcing them to rethink their pricing, distribution, marketing and brand strategies, according to research by EMB, the actuarial and business consultant. The study found that the websites account for about 40% of new motor policies ...
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Paulson: no US bail-out cash for UK insurers
But British firms insist their capital position is strong and they don’t want help.
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Hiscox adds £210m to syndicates’ capital
Lloyd's insurer plans to take advantage of market turmoil.
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Builders warned of dangers in cut-price tenders
FSA warns contractors against cutting corners to save money.
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Besso lands five-year Turkish jewellers’ deal
Broker designs bespoke policy for 10,000-member jewellers’ association.
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Downturn forces Quinn to pull out of European markets
Insurer will run off businesses in Netherlands, Belgium and Germany. In Dublin, boss steps down after £2.6m fine from regulator.
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Cash plan provider launches broker intranet
Healthsure site can be uploaded onto a company's website
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Marsh creates binding authorities division
New service to help clients find faster and more cost-efficient insurance cover.