Insurance

Barbican ups ante in Omega bid war

The bid battle for Lloyd's of London insurer Omega Insurance heated up yesterday as Barbican Insurance increased its takeover offer.

Inside Insurance

Lloyd's counts the cost of insurers' worst ever year

Thursday, 22 September 2011

But a disaster-free 2012 could have dire consequences

Premiums soar – and young drivers pay the price

Sunday, 18 September 2011

IoS finds that novice motorists are being forced out of the insurance market. Chiara Cavaglieri reports.

Canopius in £203m bid for Omega

Wednesday, 14 September 2011

Canopius threw a spanner in the works of the Flagstone Re founder Mark Byrne's plans to buy part of Omega Insurance yesterday by making a bid valuing the Lloyd's of London firm at £203m.

The little black box that could help fight soaring car insurance costs

Saturday, 10 September 2011

Insurers are turning to telematics to reduce premiums and encourage people to drive more safely. Matthew Wall explains.

Compensation referral fees ban vow

Friday, 9 September 2011

The payment of referral fees in personal injury cases to be banned in bid to tackle rising insurance costs.

Rise in car-cover costs prompts OFT investigation

Friday, 9 September 2011

The Office of Fair Trading has launched an investigation into car insurance costs, which climbed as much as 40 per cent in 12 months.

Motor insurance under the spotlight

Thursday, 8 September 2011

The consumer watchdog is to put motor insurance under the spotlight after drivers faced average premium increases of up to 40% in a year.

Chesnara on the takeover trail

Thursday, 1 September 2011

Chesnara, which competes with the zombie fund Phoenix to buy life insurers that no longer accept new customers, said it remained on the lookout for deals yesterday as new solvency rules for insurers would result in acquisition opportunities.

Money Insider: Fixed rates hold growing appeal for homeowners

Saturday, 20 August 2011

The volume of fixed rate mortgage searches on Moneynet climbed 22 per cent in July compared with the previous month. It seems consumers are again starting to favour the comfort of longer-term security over a lower cost variable rate.

Banks face new surge in claims for PPI mis-selling

Wednesday, 3 August 2011

Complaints about missold payment protection insurance (PPI) to the Financial Ombudsman Service averaged 900 a day in the first quarter of the financial year. The Service had its busiest quarter with more than 81,000 complaints – more than double the number received during April to June 2010.

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