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Insurance News

Listing 417 articles over 42 pages

RBS Still Looking To Sell Insurance Unit

Contrary to some reports in the press it has this evening been revealed that Royal Bank of Scotland is still looking to sell its insurance arm which has been up for sale for some months. There had...

Is Insurance A Necessity Or An Option?

As the UK consumer continues to be squeezed from all sides many people are looking at their insurance policies and investigating if any money can be saved in this area. However, insurance is...

Royal Bank Of Scotland Caught Between A Rock And A Hard Place

The Royal Bank of Scotland is this evening looking at the possible sale of its prized insurance unit which has been one of the best performers over the last few years. While the timing of a...

Aon Fined £5.25 Million For Compliance Failures

The financial services authority (FSA) has today levied the largest fine ever on a UK insurance company with news that Aon has been fined £5.25 million for having insufficient internal...

UK Insurer Bonus Rates Slashed

Friends Provident has today announced a 20% reduction in with-profits payments as the insurance sector continues to feel the pain of the economic downturn around the world. While this move is no...

Royal Bank Of Scotland Set To Be Tested On Insurance Division Sale

Despite rumours at the Royal Bank of Scotland, which is now majority owned by the UK government, is looking to cancel the ongoing sale of its £7 billion insurance division there are...

Equitable Life Sufferers To Receive Compensation

The government has finally come clean with regards to the shocking saga of the collapse of Equitable Life. Many thousands of UK investors lost substantial amounts of money when the former insurance...

Norwich Union Cut Bonuses

Norwich union has become the latest insurer in the UK to cut bonuses on its profits funds and lower final payouts. While the move was not unexpected after the recent French Provident announcement...

Is The Government Trying To Wriggle Out Of Equitable Life Compensation

While we reported early in the week about the ongoing situation regarding Equitable Life and the compensation which many customers have been chasing from the government, there are grave doubts...

Is The Royal Bank Of Scotland Set To Be Nationalised?

There are fears this evening that the UK government will need to nationalise the Royal Bank of Scotland after the share price collapse. Despite the government increasing its stake to 70% and...

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