Levene calls for clarity around Co-op's failed bid for Lloyds branches

Lord Levene Lloyds

Former Lloyd's chairman Lord Levene has called on government to confirm whether it favoured the Co-operative Bank's takeover bid of 632 Lloyds Banking Group branches over one by his own vehicle, NBNK.

NBNK was set up with the purpose of establishing a new high street bank by buying up assets of established firms, and was in the running to acquire the 'Project Verde' assets being divested by the

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Lessons insurers must learn from LA wildfires

As celebrities condemn insurers after the most destructive wildfire event in Los Angeles County history, Emma Ann Hughes outlines what the industry must do to address the financial and reputational impact of the blaze.

Is it time to write an obituary for telematics?

Content Director’s View: With once market leader Insurethebox now closed to new business and renewals, Jonathan Swift asks is the golden age of UK telematics insurance already over or should he wait to see how the latest new dawn pans out before writing an obituary?ait to see how the latest new dawn pans out before writing an obituary.

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