UK Insurance Trends

Aviva In Strong UK Market Position, Says GlobalData

Following last week’s release of Aviva’s preliminary results for 12 months ended 31 December 2018, Ben Carey-Evans, Insurance Analyst at GlobalData, offers his view: “Aviva’s 2018 preliminary financial report indicates that its UK business performed […]

Fraud

Insurance Fraud News: Clyde & Co Shut Down £100K False Injury Claim

Global law firm Clyde & Co has won a significant victory in the Courts using Section 57 of the Criminal Justice and Courts Act to have an exaggerated injury clam for almost £100,000 discontinued. The […]

Insurance claims

#Snowmageddon UK Sees 57% Spike in Road Accidents

Co-op Insurance has reported a 57% increase in motor accidents and incidents on Wednesday 28 February, when compared with the previous week (21 Feb), due to the current weather conditions across the UK. This is the […]

Business

Aviva’s Hong Kong Joint Venture Gets Official Approval

Aviva, Hillhouse Capital Group and Tencent Holdings Limited have completed the transaction to develop a digital insurance joint venture in Hong Kong. The process started about a year ago and is part of Aviva’s push […]

Investment

Aviva Acquires Friends First Life in £116m Deal

The latest news from Aviva; Aviva plc announces that it has reached an agreement to acquire Irish insurer Friends First Life Assurance Company dac (“Friends First”) for a cash consideration of €130m (£116m). As a […]

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Insurance claims

UK insurers predicted to maintain market-leading dividends

By Ralph Savage The UK’s leading insurers can maintain their market-leading dividend payments to shareholders despite tough conditions, analysts at Markit said today. However, in a separate note, Investec maintained its ‘sell’ advice on one […]