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Insurance News

Listing 410 articles over 41 pages

Does Your Insurance Cover You For Snow Related Incidents?

As the UK population get to grips with the heaviest snowfall for nearly 20 years, the ABI (Association of British insurers) has stepped forward to suggest that members of the UK population check...

Aviva Backtracks On £1 Billion Payout

Last July saw insurance giant Aviva announce plans to distribute £1 billion of orphan assets amongst its policyholders in what was seen as a groundbreaking move for the sector. However, Aviva...

Standard Life And The £100 Million Investment Mistake

Under severe pressure from financial watchdogs and the government, Standard Life has today announced plans to compensate nearly 100,000 savers who had their investments in the company's "safe" cash...

Investigators Looking Into Collapse Of AIG


The collapse of American insurance giant AIG has become the subject of a serious fraud office investigation into the company's London branch. The collapse of the American giant was...

Legal And General Shares Hit By Funding Concerns

A report in today's Financial Times has upset investors in Legal and General with the shares falling to a ten-year low before recovering to close nearly 9% lower. The report in the Financial Times...

Legal And General Attracts Short Selling

Continued speculation that Legal and General will need to tap the market for additional funds in the short term has further undermined the shares today. Despite assurances from the group that it...

When A Cash Fund Is Not Actually A Cash Fund!

The Association of British insurers, one of the more powerful investment associations in the UK, is to launch a thorough investigation into cash funds after standard life was forced to pay...

Prudential Shares Soar As Financial Position Is Strengthened

The Prudential has today announced a £1.1 billion cash injection to the company reserves via an asset sale in Taiwan and the receipt of future income from it's with profits fund. There had...

Is This The End Of Payment Protection Insurance?

The FSA has today made a historic move by suggesting that UK banks and financial companies withdraw payment protection insurance for loans and credit cards. This brings to an end a very volatile...

Why Has The Lloyds Bank Toxic Asset Deal Been Delayed?

There are differing stories come from the UK Treasury and Lloyds Bank regarding reasons why the proposed £165 billion toxic asset insurance protection plan has not been put into place. The...

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