Ukraine has expanded its campaign of attacks against tankers transporting Russian oil, raising the stakes for the entire maritime sector as the potential theatre of conflict stretches from the Black
Insurance industry
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More than half a dozen of the United Kingdom’s largest insurers have been identified as potential bidders for Aegon’s UK arm, in a transaction expected to raise between £1.5 billion
Recent data highlights a sharp rise in house fires blamed on solar panels and their batteries, raising concerns about Labour’s ambitious plans to dramatically expand residential solar installations across the
The Financial Conduct Authority has ordered car insurers to pay out more than £200 million in compensation to 270000 drivers after uncovering a widespread practice of undervaluing vehicles when settling
Chinese automotive brands are rapidly adapting their vehicles for the UK market, responding to critical security demands from British insurers in the face of soaring car theft rates. Modifications are
Over a million people in the United Kingdom who use weight-loss jabs such as Mounjaro Ozempic and Wegovy may be risking their travel and health insurance due to confusion over
Britons’ deep affection for their pets is increasingly redefining how we travel. Fresh research has revealed a significant uptick in the number of holidaymakers opting to take their dogs and
Admiral, one of the United Kingdom’s largest motor insurers, has allocated £50 million to compensate customers who received unfair settlements for stolen or written-off vehicles. In half-year financial results released
Shares in Hiscox, one of the London stock market’s leading insurers, soared despite the company revealing a substantial $170 million loss from the devastating wildfires that struck Los Angeles in
Brookfield Wealth Solutions has made headlines with a £2.4 billion cash offer for Just Group, the London-listed retirement specialist, signalling renewed momentum in overseas acquisitions of UK financial businesses. The
Mony Group, formerly known as Moneysupermarketcom, has reported sluggish revenue growth as falling car insurance premiums lead to a downturn in consumer switching. Over the first half of the year,
Private healthcare giant Bupa has been ordered to pay £17 million in compensation to Australian members following revelations that the company deliberately blocked legitimate health insurance claims. The Australian Competition
In a landmark judgement, the High Court has ruled that insurers including AIG, Lloyd’s of London, and Chubb must pay more than $1 billion to AerCap, the world’s largest commercial
The Competition and Markets Authority (CMA) has opened an investigation into Aviva’s £3.7 billion acquisition of rival insurer Direct Line. This significant move could reshape the UK’s insurance sector, combining
The Belgian insurance giant Ageas has sealed a £1.3 billion cash acquisition of Esure from American private equity firm Bain Capital, establishing the combined entity as Britain’s third-largest motor and
The founders of Icen Risk, Robert Brown and Dawn Bhoma, are poised to receive substantial financial rewards after negotiating the sale of a 49% stake in their firm to Zurich
