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Insurance News

Listing 417 articles over 42 pages

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...

Lloyds Bank Fails To Agree Toxic Asset Insurance Deal

It has today been revealed that Lloyds Bank is no nearer an agreement with the UK authorities with regards to its toxic assets from the combined Lloyds Bank and HBOS group. While the amount of...

Online Car Insurance Is Benefiting From The Downturn

The online car insurance industry appears to be benefiting from the ongoing recession as Admiral Group reported profits up 11% at £202.5 million. The figures are slightly above expectations...

UK Insurance Sector Still Under Pressure

The UK insurance sector is again under pressure this morning with concerns that solvency levels will fall over the coming months and more and more companies will be forced to raise additional...

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