Insurer Direct Line counts the cost of Britain’s long, icy winter

[ad_1] (Reuters) – British motor and home insurer Direct Line Insurance Group DLGD.L reported a 5 percent fall in quarterly gross written premiums and said claims linked to Britain’s recent…

Lloyd’s of London ditches plan to create its own electronic exchanges

[ad_1] LONDON (Reuters) – Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting…

Exclusive-Aon’s $30 billion Willis deal faces EU probe – sources

[ad_1] BRUSSELS (Reuters) -The European Union’s antitrust regulators are to open a full-scale investigation into Aon’s $30 billion bid for Willis Towers Watson to create the world’s largest insurance broker,…

FCA insurance test case appeal heads to Supreme Court

[ad_1] By Kirstin Ridley, Carolyn Cohn LONDON (Reuters) – A test case brought by Britain’s markets regulator against some of the world’s biggest insurers will jump straight to the Supreme…