United Insurance Brokers Limited charged with failure to prevent bribes being paid to officials
Acquisition will expand group’s motor and home insurance business
Change comes four years after Intact Financial Corporation paid £3bn to take over its British and Canadian operations
The inimitable insurance market has to ensure it remains attractive in the face of global competition
Sector is unprepared to handle growing sources of systemic risk, says Tom Clementi
John Neal warns geopolitics and regulatory requirements will add to cost of policies
Regulator probing whether ‘premium finance’ unfairly treats policyholders who do not pay up front
Group’s pre-tax profits up 90% as it declares final dividend more than twice 2023 level
Decision is latest in broader dispute between business policyholders and insurers over Covid coverage
Japan’s Meiji Yasuda to also acquire 5% stake in UK insurer
Pension consultants WTW says improved funding positions have made bulk annuity deals more attractive
Judges to decide if insurance groups can deduct government funds from payouts for business interruption
Policy includes 24/7 hotline and 60-day plan to manage negative media coverage
Insurance market’s scheme attracts growing interest from alternative managers
High building costs and effects of climate change are driving up amount claimed
Head of world’s oldest insurance market steered it through Covid but was criticised for delays to IT overhaul
Groups agree deal to control a fifth of UK motor insurance market
Auditing and accounting firms say companies will get a boost from lower inflation
Mini-budget and pandemic showed need for more frequent reporting, regulator says
Union to raise objections over requirement that drivers be insured by panel of insurers selected by ride-hailing app
Deal agreed to create a £16bn insurance giant with a fifth of the UK motor insurance market
Combined group would control a fifth of UK motor insurance market
FTSE 100 insurer makes second bid for its smaller rival at 261p a share
Key investors say they support Direct Line’s decision not to engage with its larger rival
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loans