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Category: Insurance News

Aon Signs New Man Utd Sponsorship Deals – Aon To Sponsor Man Utd’s Business Network And Charity Arm

Aon signs new Man Utd sponsorship deals – Aon to sponsor Man Utd’s business network and charity arm

Aon has become the new …

Footballer Fined £5,000 For Driving With No Insurance Or Licence – Arsenal Striker Bendtner Has Six Points Added To Licence After Being Caught By Police

Footballer Nicklas Bendtner has been fined almost £5,000 after being caught driving without a licence and insurance, according to a report in …

Telematics Data Standards By The End Of The Year – Standards Will Not Affect Competition: Wunelli Boss

Polaris will publish a list of telematics data standards by December, according to Wunelli chairman Sandy Dunn.

Currently there is no agreed standard …

Flooding To Drive Up Commercial Property Rates – Losses Are Gathering And Ticking Up Due To Rising Claims Activity

The UK commercial property insurance line has been “performed relatively well over the past five years”, but attritional loss ratios are expected …

Banks To Add Further £1bn To PPI Provisions – Lloyds, HSBC, RBS And Barclays To Reveal Hikes In Their Results

The four biggest high street banks will boost their payment protection insurance (PPI) provisions by a combined amount of £1bn, Sky News …

Government Accused Of ‘Stealth Tax’ Over Flood Home Insurance Levy – Government Plans For A Flood Levy On Home Insurance

Government plans for a ‘flood levy’, which could add up to 10% on home insurance bills, is already facing stiff opposition.

Environment Secretary …

Climate Body Calls For Flood Defence Upgrade – Number Of High-Risk Homes To Double In 20 Years If More Not Spent, Report Says

A further £20m a year needs to be spent on flood defences to keep pace with climate change, according to a new …

London Assembly Praises Riot Damages Act Review – Biggs Says Legislation “Crying Out For Reform”

The London Assembly, which oversees Mayor of London Boris Johnson, has welcomed the Home Office announcement that the Riot Damages Act 1886 …

Greek Contagion Threat To Italian And Spanish Insurers – Spanish And Italian Insurers Most Exposed To A Greek Exit But UK, Barring Aviva, Is ResilientItalian And Spanish Insurers Are Most Exposed To A Greek Exit From The Eurozone, Fitch Said Today.

However, most German and UK insurers, barring Aviva and Allianz, are well-insulated from rising risks in the eurozone periphery.

Fitch said: “Future rating …

Insurers ‘Taking Policyholders For A Ride’ Over Hidden Fees – Report Uncovers The Cost Of Making Basic Insurance Policy Changes – Which?

Home and car insurers are charging policyholders “exorbitant hidden fees” for basic policy changes and renewals, according to a Which? investigation.

The consumer …

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