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Category: Insurance News

Swinton Directors Pay Boosted 1,000% Prior To Board Sackings

Swinton boosted directors pay 1,000% in 2009

Swintons director pay was boosted 1,000% for 2009, Insurance Times can reveal.

Directors pay shot up from …

Motor Insurers Could Break Even In 2011 – E&Y Predicts 20-Point Combined Ratio Decrease

Accounting firm Ernst & Young (E&Y) expects motor insurers to report much improved 2011 results after their “dismal performance” of the last …

Gary Lineker Ploughs Own Money Into Telematics – Ingenie Looking For Other Insurers To Join Ageas On Panel

Gary Lineker has invested in telematics company Ingenie, waiving the initial fee he was offered to represent the firm as an ambassador.

“He …

Swinton’s Executive Board Sacked Over Share Scheme Alarm

French parent Covea clear outs chief executive Peter Halpin and executive board over share dispute.

Swinton has had its entire executive board cleared …

Man Jailed After Surveillance Caught Him Working Out At The Gym Despite Trying To Claim £2.3m Insurance Payout

A man caught working out at the gym after attempting to pocket £2.3m insurance compensation for a debilitating injury has been jailed.

Michael …

Eurozone Sovereigns Face S&P Downgrade Threat

Rise in systemic stress prompts review of eurozone credit ratings

Standard & Poor’s (S&P) has put the long-term sovereign ratings of 15 eurozone …

Premiums 13 Times Average Fines, Reveals MP – Tory Outlines Ten Point Plan To Tackle Uninsured Driving

A young male uninsured driver would have to be caught and fined a dozen times before being out of pocket, a survey …

Zurich In Spat With Tottenham MP Over Riot Claims

Zurich defends itself against accusations its response to riot hit victims in poverty hit area was ‘woeful’

Zurich has defended itself Tottenham MP …

FSA Raps RBSI Over Unclear Pet Policies – Insurer Forced To Clarify Claims Wording

Three RBS Insurance units have been forced to change their pet policy wording after the FSA found “unfair” claims terms in them.

The …

Labour Under Fire For Cashing In On Referral Fees. Party Earned £350,000 In Referral Fees, According To Reports

Labour has earned more than £350,000 in referral fees by passing on party supporters to solicitors, it has emerged.

Party coffers are swelled …

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