The Association of Personal Injury Lawyers (APIL) says it is taking legal action because the Lord Chancellor has failed to review the discount rate, despite announcing in November of last year that a review was taking place. The discount rate is used to calculate the amount deducted from an injured person’s compensation to account for [...]
Aviva has appointed Andy Curran as UK Life retail and partnerships director, reporting to Graham Boffey, the group’s Life distribution director. Mr Curran joins from Prudential, where he held the post of intermediated distribution director. In his new role, he will be shaping and delivering the insurer’s strategy for Life retail customers, while working closely [...]
LV=, the mutual insurance, retirement and investment group, has reported its financial results for 2010, including a 43% rise in net earned premiums from £1.15bn in 2009 to £1.65bn. Group underlying profit more than doubled, rising by 118% from £44.2m to £96.2m and group assets increased by 13% from £7.1bn to £8bn. However, the IFRS [...]
New research from Direct Line car insurance has potentially discovered the reason as to why male drivers are more likely than their female counterparts to be involved in an accident. Of the male drivers surveyed, 15% confirmed that they found it difficult keeping their eyes on the road when travelling with an attractive passenger. This [...]
RSA has launched a new product created specifically for property owners who own and let single or multi-premise portfolios. The offering can provide cover for up to ten buildings, with flexible added options such as landlord’s contents and liability. In addition, cover is available across a wide definition of buildings, including residential, commercial, car parks, [...]
