All posts in Insurance News

White collar crime

White collar crime

The changing economic environment, advancements in technology and international expansion make the threat of white collar crime more ominous than ever before. Every company, regardless of their size, should consider themselves a potential target. White collar criminals can cause havoc […]

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insurance vs. risk

Risk management tips for insurance brokers

The importance of good risk management shouldn’t be underestimated. Dealing with a professional indemnity claim can be costly and time consuming and most insurers will require

co op bankjpg

The Co-operative Bank faced with £400 million bill for mis-selling costs

UK mutual business The Co-operative Bank needs to raise approximately GBP400m to meet additional costs related to previous misconduct and poor documentation, following a review, the

Insurance

FCA issues £30 million retail fine to HomeServe for serious failings

The Financial Conduct Authority (FCA) reported on Thursday that it has issued a retail fine of GBP30,647,400 to HomeServe Membership Limited (HomeServe), an insurance intermediary which

insurance vs. risk

RSA shares drop sharply following announcement of investigation into Irish division

RSA Insurance, owner of the More Than direct car, home, pet and travel insurance brand in the UK, has seen a sharp drop in the value of its

The City of London

Financial services sector confident about UK economic recovery

The UK financial services sector has high hopes for future profitability, as revealed in the latest CBI/PwC Financial Services Survey, which covered three months to September. It was

Aer Lingus

Competition Commission calls for Ryanair to reduce shareholding in Aer Lingus to 5%

The Competition Commission (CC), the UK Independent watchdog on mergers, markets and the regulated industries, announced on Wednesday that it has advised

Insurance

Jelf to acquire The Insurance Partnership Holdings

UK consultancy Jelf Group Plc (LON:JLF) said today it had conditionally agreed to take over local general insurance broker The Insurance Partnership Holdings Ltd (TIP) in a cash-and-stock

ING

Dutch bank ING sells stake in South Korean arm KB Life Insurance

Dutch financial services group ING Groep NV (AMS:INGA) on Friday revealed an agreement to dispose of its 49% in South Korean insurance joint venture KB Life Insurance Company

HSBC

HSBC agrees to sell Macau-based general insurance operation to QBE

UK financial group HSBC Holdings Plc (LON:HSBA) on Thursday said it had agreed to dispose of its general insurance operations in Macau to QBE Insurance (International) Limited. HSBC will

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