Saga, a provider of insurance and cruises aimed at individuals over 50, has announced that its underlying pre-tax profit for the financial year ending January 31, 2026, is set to
Insurance industry
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Beazley, the FTSE 100 specialist insurer, has firmly declined a provisional offer of £7.7 billion from Zurich Insurance Group, deeming it insufficient. The offer, set at £12.80 per share, was
The insurance giant Zurich has unveiled a significant £7.7 billion bid for Beazley, a London-listed insurer. If successful, this acquisition could create a leading entity in specialty insurance, with combined
The Financial Conduct Authority has taken decisive action against Axa Partners UK, prohibiting the addition of new customers or corporate partnerships without written approval. This measure follows concerns over the
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
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
