Insurance claims

Insurance Fraud in Decline, Says New Research From Aviva

The value of fraudulent claims detected by the UK’s largest insurer has fallen. Aviva detected £80m worth of suspect or proven fraudulent insurance claims in 2018, down 11% (£10m) from 2017. The scale of insurance […]

Insurance claims

ABI Figures Show Insurance Claims Worth £153m Are Settled Each Day

The Association of British Insurers has today published new analysis which shows that general insurance and long-term savings companies in the UK paid out £153 million every day, which throughout the year is more than […]

Insurance & Reinsurance

Legal & General Pay Out Extra £30m on Life/Health Claims During 2017

Figures show a £30m increase on 2016, with an average of £1.74m paid to customers every day in 2017 Legal & General paid £209m in Critical Illness claims in 2017, up £28m on 2016 £112m […]

Motor Insurance

Road Deaths Up 19 Percent in Wealthy South East of The UK

People who live in London and the South East are more likely to lose their life in a road accident than those living in the north, statistics reveal. Data provided by Department for Transport says road […]

Emerging Risk

Cyber Attacks in Finance and Insurance Sector Rise by 80%

The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]