Archive for the ‘Insurance News’ Category

No-fault car claim is proving a Friday 13th horror

A rental car reversed into mine on Friday 13th, but Hertz is reluctant to cover my costs I am not normally superstitious, but a no-fault claim after a car accident I had on Friday 13 November which is still unresolved has made me change my mind. I was waiting at a red traffic light before [...]

Aviva under pressure to reconsider £5bn RSA bid

Unhappy investors are poised to urge the insurer to look again at the proposal, in view of its flagging share price, but a sale could mean job losses Aviva will come under pressure from investors this week to reconsider a £5bn offer for its general insurance business, after it emerged on Friday that the approach [...]

Has my volcanic ash cloud refund claim gone up in smoke?

I booked a flight to Auckland through Expedia, but it was cancelled due to the volcanic ash cloud. Where’s my refund? I am waiting for a refund for a flight that was cancelled due to the ash cloud debacle in April. I booked via Expedia UK to fly on Cathay Pacific from London to Auckland [...]

Aviva shares jump on talk of RSA bid for unit; sale not seen -source

Aviva shares jumped 4.1%, or 15.20p, to 382.35p at 9:25 am after Sky News reported that British insurer RSA has approached the fund management company about buying its general insurance business for £5bn. The bid, made in a letter sent by RSA’s chairman, John Napier, to his opposite number at Aviva, Lord Sharman, within the [...]

Aviva warns of soaring insurance premiums despite 21% rise in profits

• Insurer imposes double-digit rises for car drivers • City hails ‘sparkling’ half-year figures• Rival RSA also raises motor policy rates 13% Consumers are facing soaring car and home insurance premiums as two major insurance companies, Aviva and RSA, raise the cost of cover and warn of further rises to come. Aviva, Britain’s biggest insurer, [...]