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…

British insurer Admiral pulls special dividend

[ad_1] LONDON (Reuters) – British insurer Admiral ADML.L has suspended plans to pay a special dividend of 20.7 pence per ordinary share, although it will continue to pay its planned…

RSA chairman Martin Scicluna to step down next year – Sky News

[ad_1] FILE PHOTO: Martin Scicluna, Chairman of Sainsbury’s, poses for a portrait at the company headquarters in London, Britain, May 1, 2019. REUTERS/Toby Melville (Reuters) – British insurance group RSA’s…

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…

Brexit upheaval seen creating 3,000 financial jobs in Luxembourg

[ad_1] LONDON (Reuters) – Brexit will lead to about 3,000 new jobs being created in Luxembourg as UK asset managers and insurers bulk up operations in the Grand Duchy to…

Swiss watchdog asked Credit Suisse on Greensill risks – SonntagsZeitung

[ad_1] FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann//File Photo/File Photo ZURICH (Reuters) – The head…

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…