(Alliance News) - The average price paid for motor insurance jumped by 16% annually in the first quarter of this year, as rising costs have become increasingly challenging for insurers to absorb, according to the Association of British Insurers. Read More
(Alliance News) - After Direct Line Insurance Group PLC warned on Tuesday that claims in its motor division will hurt its annual profit, many analysts said that the road ahead for the insurer continues to looks bumpy. Read More
(Alliance News) - Direct Line Insurance Group PLC on Tuesday warned claims in its motor division will hurt annual profit, though it added it is moving towards getting margins up to speed in the unit. Read More
(Alliance News) - Stocks in London closed largely lower on Wednesday, while the FTSE 100 ended in the green thanks to a solid performance from utility and pharmaceutical stocks. Read More
(Alliance News) - Stocks in London are set to open marginally higher on Wednesday, despite a weaker handover from Asia and New York, ahead of a slew of European services PMI prints. Read More
(Alliance News) - Stocks in London ended firmly lower on Monday as the fallout from the collapse of Silicon Valley Bank continued to ripple through markets. Read More
(Alliance News) - Direct Line Insurance Group PLC on Monday announced it swung to an annual loss in 2022, as it suffered the highest weather catastrophe costs since its listing. Read More