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DLG publishes IPO prospectus
Direct Line Group published its prospectus this afternoon for an initial public offering.
OFT decision hit DLG float pricing, say analysts
The referral of the motor market to the Competition Commission has had a direct impact on Direct Line Group's pricing estimations as the company continues plans to float up to 33% of total share capital.
Law firms hail OFT for looking at bigger picture beyond whiplash
Lawyers have continued to highlight their support for the Office of Fair Trading's decision to refer the motor insurance industry to the Competition Commission.
DLG expects £2.7bn value on flotation
Direct Line Group has announced a price range for its planned initial public offering of 160p to 195p per share.
OFT probe "will open a can of worms", says law firm
A law firm has suggested that the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission could leave the policyholder worse off.
Helphire losses fall 83% as company knocks £23m off net debt
Helphire has posted a statutory loss before tax of £6.3m for the full year ending 30 June 2012, an 83% improvement on the £34.1m loss reported for the same period last year.
Fraudsters brought to book after investigations by Hill Dickinson unit
Fraud unit bosses at Hill Dickinson have revealed that of the 298 suspected organised motor fraud ring claims they have investigated this year 167 have been rejected as proven fraud.
CC investigation should "strip out excessive costs", says Aviva claims boss
Aviva has welcomed the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission.
Zurich hands commercial claims role to MYI
Loss adjuster MYI has landed a share of Zurich's commercial claims work, a contract that was previously handled solely by rival Cunningham Lindsey.
Analysts reiterate 'buy' recommendation after 'excellent' H1 for Gable
Gable Holdings has this morning reported a 26% increase in gross written premium of £15.4m in the first half of 2012, in a set of results that also show a 55% rise in pre-tax profit to £3.2m.
ABI backs Competition Commission credit hire investigation
The Association of British Insurers has thrown its support behind the Office of Fair Trading's decision to refer the motor market to the Competition Commission.
Claims Club monthly missive: Holy motors it's David Mairs
It has certainly been an interesting week at Post Towers, with the industry's finest rowing over customer services and an stimulating encounter with AMG founder David Mairs.
Competition investigation outcome could 'mean policyholders lose out', says CHO boss
The Credit Hire Organisation has said that the Competition Commission investigation into the UK motor insurance market could seriously disadvantage policyholders' access to justice and force premiums to rise.
OFT refers 'dysfunctional' motor market to Competition Commission
The OFT has referred the UK's private motor insurance market to the Competition Commission for further investigation amid concerns that the market is not working well for motorists.
Lemma Insurance to be appointed with liquidator tomorrow
Gibraltar-based Lemma Insurance Company is expected to be appointed with a provisional liquidator tomorrow to wind up the business.
Direct Line Group IPO prospectus could be issued by Friday
Royal Bank of Scotland could sell shares in Direct Line Group at a valuation that is lower than analysts had predicted.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Post Top 100 UK Insurers Supplement: AM Best commentary - Flooding the market
A deluge of weather-related claims, coupled with low investment returns, continue to dampen non-life insurer performance albeit one buoyed by premium increases.
Lloyds TSB tops GI complaints list
Lloyds TSB Bank received the highest number of complaints regarding general insurance and pure protection products in the first half of the year.
Ageas confirms Winlow NED appointments
Ageas UK has confirmed that former KPMG partner Mark Winlow, pictured, has been appointed non-executive director on two of its boards.
PPI complaints increase 129% in H1 2012
Financial Services Authority data has revealed that payment protection insurance has helped push up the number of complaints to financial services firms by 59% to 3.58 million in the first half of the this year.
Post Top 100 UK Insurers Supplement: Interview with Amanda Blanc
Amanda Blanc saw her move to Axa as a chance to test herself, and it is a mission she continues to revel in.
Rehabilitation First Awards 2012 - The winners
Guests were welcomed to the eighth annual Rehabilitation First Awards, held at the Royal Garden Hotel in Kensington, by chair of the judging panel and editor of Post Lynn Rouse, who spoke of how the hugely successful London Paralympics could prove a …
SMEs: A web of complexity
UK companies are quick to take advantage of technological advances to create new business opportunities, and the industry must get up to speed with the many and varied risks this brings.