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Insurance News

Listing 414 articles over 42 pages

UK Insurers May Need To Raise £70 Billion

As we near the introduction of the EU solvency II directive in 2012 the battle lines are certainly been drawn with the Association of British Insurers today suggesting that UK insurance companies...

When Did You Last Review Your Insurance Policies?

The Internet has changed many areas of everyday life and many areas of business however it seems many of us are still adamant that we will retain our existing insurance providers and other...

Barclays Bank Challenges PPI Ban

It has been revealed that Barclays bank, along with Lloyds bank, is set to challenge the UK government's controversial decision to ban the sale of payment protection insurance when credit...

Tesco Moves Into Insurance In A Big Way

UK supermarket giant Tesco has signed a deal with insurance giant Fortis which will see Tesco Financial providing motor and household insurance in a partnership which will last at least until 2015...

Lloyds Bank Insurance Scheme Fails FSA Stress Test

Lloyds bank has been dealt a bitter blow today with news that the company's proposal to sidestep the UK government's toxic debt insurance scheme has been rejected by the Financial Services...

Lloyds Bank In Talks To Scale Back Asset Protection Plan Participation

After yesterday's revelation that Lloyds bank failed a Financial Services Authority (FSA) stress-test, regarding its plans to withdraw from the UK government's asset protection scheme, directors...

Lloyds Bank Looking To Pull Out Of Government Asset Protection Scheme

Lloyds bank is today in talks with Treasury ministers and FSA regulators as the company looks to withdraw or reduce its proposed exposure to the government asset protection scheme. This is the...

Aviva Policyholders Set For £500 Million Payout

In February last year Aviva, the UK insurance giant, offered to pay out £1 billion to policyholders who agreed to give up their future rights to a share of the company's orphan fund. The fund...

Aviva Setback As Further Legal Challenges Materialise

Insurance giant Aviva has received a setback in its three-year battle to pay out orphan funds to shareholders, policyholders and the company itself. The original £1 billion offer from a...

What Is Happening With The Asset Protection Scheme?

Each day brings new rumours regarding Royal Bank of Scotland and Lloyds bank and the company's involvement in the UK government's asset protection scheme. First we hear that both companies are very...

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