Finance News – Insurance
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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.
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