Three more travel insurers withdraw cover for coronavirus

The travel insurers Aviva, InsureandGo and the Post Office have followed LV= and withdrawn cover for future coronavirus claims. LV= shocked the travel industry...

Credit insurance: state backstop would avert death spirals

The UK budget was heftily-freighted with measures to support businesses hurt by coronavirus. One notable omission was any state bolstering for credit insurance....

Prudential to float minority stake in US insurance business

Prudential, one of Britain’s oldest and biggest insurers, is to float a minority stake in Jackson, its US business, after pressure from an...

Prudential to float stake in US business

Prudential is to float a minority stake in its US business, Jackson, as it responds to pressure from activist investor Third Point for...

Life insurers breached industry's own code of practice more than 300 times in six...

Life insurers breached the industry’s own code of practice at least 315 times in just six months, a review of complaints has found. Most...

Wedding’s off: the less obvious victims of coronavirus

The coronavirus has all but killed off the UK’s wedding insurance market, after the biggest providers suspended the sale of new policies while...

Budget should include stimulus package, says £545bn fund manager

The chancellor must use the budget on Wednesday to announce an emergency stimulus package to help the economy cope with the impact of...

Standard Life Aberdeen suffers nearly £60bn of withdrawals

Standard Life Aberdeen suffered heavy outflows, mainly tied to its lost business with Lloyds Banking Group, as well as a 10 per cent...

M&G suffers £1.3bn in outflows as investors spurn active stockpickers

Newly listed asset manager and insurer M&G suffered £1.3bn in outflows from its savings and fund management business last year in a sign...