M&G faces testing split from the Pru

M&G Investments, famed for launching the first ever UK unit trust back in 1931, breaks away from insurer Prudential on October 21 in...

UK insurers and the £1.2bn cost of loyalty

When it comes to insurance, customer loyalty does not pay, in fact it costs to the tune of £1.2bn a year.So this month,...

Returns on long-term care investment are far from healthy

Apart from the WeWork, sorry, “We” IPO, is there any financial product that is completely unsellable any more, given the world’s desperate yield...

Lloyd’s of London chairman to take job at app-based Cuvva

Lloyd’s of London chairman Bruce Carnegie-Brown has taken a new job at a pay-as-you-drive car insurance specialist, insisting that he has time for...

A bigger cash handout is not the answer for private health insurance woes |...

In a letter to the health insurance industry in June, the industry regulator, the Australian Prudential Regulation Authority, bluntly told the industry to...

Six million insurance customers are being hit by 'loyalty penalty'

Six million home and motor insurance policy holders are overpaying a combined £1.2bn in annual premiums because insurance firms are not giving good...

Watchdog looks at ban on insurers’ loyalty premiums

The UK’s financial regulator is weighing whether to ban insurers charging a loyalty premium in an attempt to prevent about 6m UK policyholders...

Tax break for employer-paid health cover a 'handout' for industry, critics say

The private health insurance peak body is trying to “dress up a taxpayer handout as a tax concession” in its call for employers...

Axa boss predicts competitive threat from Faangs

The chief executive of France’s Axa believes that the insurance industry’s “competitors of tomorrow” will be the huge data-driven tech companies such as...