Finance News – Insurance
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Admiral: Shares surge after FTSE 100 giant’s profit jumps
Admiral experienced a notable increase in market value following a considerable rise in first-half earnings, driven by strong performance in its UK insurance division and revenue f...
Read Full Article →Aviva’s profit soars ahead of merger with Direct Line
Aviva’s operating profit increased by over 20 percent in the first half of the year, reflecting robust performance in its core sectors prior to finalizing the takeover of a key com...
Read Full Article →Beazley: Shares slump after profit falls
Beazley experienced a significant decline in first-half earnings for 2025, which led to a notable decrease in its stock value, reflecting investor concerns about the company’s fina...
Read Full Article →Two-fifths of mobile phone thefts in Europe happen in UK, shows insurance data
The rising number of mobile phone theft claims in the UK, especially in London, highlights a growing financial burden for insurers and potentially higher costs for consumers in the...
Read Full Article →How Divorced Retirees Can Maximize Their Social Security Benefits: A Case Study
This case study illustrates how individuals who are divorced can increase their retirement income by understanding eligibility criteria and utilizing alternative benefit options li...
Read Full Article →London Foundation for Banking & Finance appoints new trustees
The addition of three experienced professionals from finance, insurance, and private equity to the foundation’s board is expected to enhance its strategic oversight and drive more...
Read Full Article →Do You Need Flood Insurance? I'm an Insurance Expert, and Here's Where You Can Get It
Because typical homeowners policies exclude flood-related damage, securing separate flood insurance—available from government programs like FEMA or private insurers—is essential to...
Read Full Article →Risk, Reward, and Resilience: Building Insurance Primitives in DeFi
Developing reliable insurance mechanisms in decentralized finance can strengthen market stability by increasing liquidity, boosting trust among participants, and encouraging more u...
Read Full Article →Apollo-backed group makes £5.7bn swoop for Pension Insurance Corporation
The acquisition of Pension Insurance Corporation by Athora, supported by Apollo, represents a major financial move that significantly increases combined assets and expands coverage...
Read Full Article →Apollo-backed Athora closes in on £6bn Pension Insurance Corporation deal
A savings and retirement services firm supported by Apollo Global Management is nearing the completion of an approximately £6 billion acquisition of Pension Insurance Corporation,...
Read Full Article →Lloyd’s chair says marketplace must ‘extend’ leading position
The new leadership at Lloyd’s aims to build on its market dominance, recognizing the sector’s crucial role in national economic development as highlighted in the government’s Indus...
Read Full Article →Aviva’s £3.7bn takeover of Direct Line approved by UK watchdog
The regulatory approval of Aviva’s £3.7 billion acquisition of Direct Line clears the path for a major consolidation in the UK insurance market, potentially reshaping competition i...
Read Full Article →Renting out your car or backyard to generate extra cash? What to know about insurance
Making personal property available for short-term rental can increase the likelihood of damage or loss, highlighting the importance of understanding insurance coverage to manage po...
Read Full Article →Crypto.com secures $120m insurance for U.S. custody platform
Crypto.com has obtained $120 million in insurance protection for its U.S. custody services, enhancing the security and financial safeguards for digital assets stored on its platfor...
Read Full Article →Form 8.3 - The Vanguard Group, Inc.: Direct Line Insurance Group plc
The disclosed filing indicates a significant investment adjustment by a major asset management firm in the insurance sector, potentially impacting market perceptions and shareholde...
Read Full Article →In today’s mixed-signal mortgage market, getting a rate hold is a smart move
Securing a fixed mortgage rate provides financial stability by protecting borrowers from potential interest rate increases, helping them manage future payments more predictably in...
Read Full Article →How Blackstone and its biggest rivals are drifting apart
Blackstone’s continued reliance on traditional fee structures contrasts with competitors like Apollo and KKR, who are adopting insurance-backed strategies, potentially reshaping re...
Read Full Article →Downside Insurance on BlackRock's Spot Bitcoin ETF is Now Pricer Than Bullish Bets
The cost of protective options for BlackRock's Spot Bitcoin ETF has decreased, indicating that investors currently assign lower premiums to downside risk compared to optimistic mar...
Read Full Article →Flooded residents priced out of soaring insurance left with 'nothing'
Rising insurance premiums following recent floods have placed significant financial strain on residents, prompting calls for government investment in protective measures to help mi...
Read Full Article →From Steam Engines to Ethereum Staking: How Insurance Enables Innovation
Providing coverage for validator rewards reduces risk barriers, allowing the development of new financial instruments that were previously considered unattainable within the evolvi...
Read Full Article →Does Cruise Insurance Cover Pirates and Other Unexpected Risks?
Travel insurance for cruises often addresses coverage for unforeseen incidents, including crimes and various maritime hazards, highlighting the importance of understanding policy d...
Read Full Article →M&S: Cyber attack to hit profit by £300m
Marks and Spencer anticipates a substantial reduction in this year’s earnings due to a recent cyber incident, although the financial impact may be partly offset by cost controls, i...
Read Full Article →Saga more than doubles CEO’s pay despite losing £160m
Despite reporting a substantial financial loss of £160 million, the company significantly increased its chief executive’s compensation to nearly £1.9 million for the fiscal year en...
Read Full Article →Five common banking mistakes – and how to avoid making them
Failing to regularly review banking terms, relying on overdrafts, or avoiding comparisons with other providers can result in significant unnecessary financial losses for customers...
Read Full Article →Hefty cost for business after Yorke Peninsula's 24-hour blackout
The recent 24-hour power outage affecting thousands of properties on Yorke Peninsula has led many local businesses to face significant unprotected financial losses, highlighting th...
Read Full Article →Direct Line suffers shareholder revolt over CEO’s huge pay day
Shareholders expressed strong opposition due to the CEO receiving a substantial compensation package, raising concerns about executive pay amid the company’s upcoming £3.7 billion...
Read Full Article →CMA to investigate Aviva’s £3.7bn Direct Line deal
The regulatory review of Aviva’s proposed £3.7 billion purchase of Direct Line aims to assess potential market impacts that could affect competition and consumer choices within the...
Read Full Article →FCA to rip up insurance rules in drive for growth
The Financial Conduct Authority’s proposed revisions aim to lower operational expenses for insurance companies by removing obsolete regulations, potentially encouraging increased m...
Read Full Article →To deliver growth, Lloyd’s of London’s new CEO has to be ruthless
Patrick Tiernan’s leadership approach will be crucial in driving Lloyd’s of London’s financial performance and achieving sustainable expansion in a competitive market environment.
Read Full Article →These bond funds shield you from interest-rate shocks — but here’s the catch
Investing in ETFs designed to protect against Federal Reserve rate increases can help reduce volatility, although they often involve higher management fees that may impact overall...
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