[ad_1] In 2022, Stephen Sangster had an uneventful year behind the wheel of his brand-new Dacia Jogger, covering 6,000 miles with no accidents or traffic offences. So the father of four was shocked when his car insurance renewal quote landed and the price had soared by a “shocking” near-90%. “My quote has come through 87%…
[ad_1] Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. The heads of Europe’s largest insurers have warned that a growing political backlash in the US has jeopardised their ability to join forces to combat climate change. The industry’s effort to tackle…
[ad_1] Car insurance costs may be racing ahead of inflation but there are things you can do to cut what you pay that will help some save hundreds of pounds. Here we round up some of the key advice and insider tips. Shop around This has been the key piece of advice for years but…
[ad_1] Receive free US insurance industry updates We’ll send you a myFT Daily Digest email rounding up the latest US insurance industry news every morning. You’re in good hands with Allstate. But the hands are maybe slightly less good than they were a few years ago, from a credit-ratings perspective. Allstate’s holding company just caught…
[ad_1] It was a snowy day in early March when Ruth Joad pranged her car. The one-year-old Volkswagen needed a new bumper and sensors. Her insurer, Aviva, told her to book it into an approved dealership – and that’s where it’s been ever since. “Four months on, there’s still no update on when they’ll have…
[ad_1] Receive free Legal & General Group PLC updates We’ll send you a myFT Daily Digest email rounding up the latest Legal & General Group PLC news every morning. Sir Nigel Wilson has called for greater UK investment to allow early-stage businesses to rival their western counterparts, as he presented his final set of results…
[ad_1] Many of the world’s largest hedge funds will reveal whether their investment activities risk amplifying economic shocks and harming the UK’s financial system, after being recruited into the first-ever stress tests involving the shadow banking sector. The Bank of England has released the names of more than 50 City institutions taking part in the…
[ad_1] Receive free Legal & General Group PLC updates We’ll send you a myFT Daily Digest email rounding up the latest Legal & General Group PLC news every morning. Capitalism has made a lot of people better off, repelling challenges from other political and economic systems. That premise’s validity has taken a beating since the…
[ad_1] I planned to go on holiday with my girlfriend DM to Tenerife this autumn, and we were looking forward to it. Sadly, she died after an unexpected cancer diagnosis and I’m struggling to get my money back. I booked last summer, originally for April, at a cost of £3,228, plus £253 for travel insurance…
[ad_1] Receive free US insurance industry updates We’ll send you a myFT Daily Digest email rounding up the latest US insurance industry news every morning. Are hailstones getting bigger, one equity analyst recently asked an executive at Travelers. The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the…