Insurance News NEWS

Private equity firms in talks to acquire RBS’ Direct Line

Royal Bank of Scotland Group Plc (LON:RBS) may not get to list its unit Direct Line Insurance Plc as two consortia made up of leading private equity groups prepare to make a move … Continue reading “Private equity firms in talks to acquire RBS’ Direct Line”


UK insurance firm Aviva sells more Delta Lloyd shares due to strong demand

British insurer Aviva Plc (LON:AV), a 41.3%-owner of Delta Lloyd NV (AMS:DL), will sell 37m shares of the Dutch insurance firm, more than initially planned, due to favourable demand from investors, Delta Lloyd … Continue reading “UK insurance firm Aviva sells more Delta Lloyd shares due to strong demand”


Ministry of Justice Clamp Down on Cold Calling Claims Management Firms

The Ministry of Justice are bringing in new measures to regulate false claims made by claims management companies. Back in December, This is Money covered a story about the growing number of cold … Continue reading “Ministry of Justice Clamp Down on Cold Calling Claims Management Firms”


Insurers propose driving ban for under-25s

The Association of British Insurers (ABI) has stated that drivers under the age of 25 should hold their license for two years before being able to drive between the hours of 11pm and … Continue reading “Insurers propose driving ban for under-25s”


Young Drivers Hit With £4,000 Average Car Insurance Cost

This is the first time since the Confused.com/Towers Watson Car Insurance Price Index began in 2006 that average annual car insurance costs for young men have exceeded £4,000. Bizarrely, young male drivers in … Continue reading “Young Drivers Hit With £4,000 Average Car Insurance Cost”


One In Three Brits Stressed Over Costs Of Hospitalisation

One in three people feel stressed about the extra expense they or their family will incur whilst in hospital with half of this group fearing their stress levels could hinder recovery. These are … Continue reading “One In Three Brits Stressed Over Costs Of Hospitalisation”


Festival Goers Urged to Check Home Insurance Policy

With the Music Festival season upon us… Download, and the Isle of White festival’s have already been and gone. But fear not still to come are Glastonbury, Reading and Leeds, and V festival! … Continue reading “Festival Goers Urged to Check Home Insurance Policy”


Top 10 Insurance Scams

Many customers across the UK have been scammed into buying payment protection policies. The Financial Services Authority expressed concern that thousands of Brits have been mis sold payment protection insurance and because of … Continue reading “Top 10 Insurance Scams”


Young drivers priced out of cars… and on to bikes

Young drivers are being increasingly priced off the roads as rising fuel and insurance costs put car ownership out of reach for many teenagers. New figures from the Driving Standards Agency show that … Continue reading “Young drivers priced out of cars… and on to bikes”


Insurers blacklist drivers based on postcode

  Premiums are soaring as honest motorists foot the bill for the ‘fraud epidemic’ sweeping the country, which has lead to insurers secretly to blacklist certain postcodes. Many car owners have seen a … Continue reading “Insurers blacklist drivers based on postcode”


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