The senior executive at one of the world’s biggest private capital firms was shocked. Aquarian, a little-known investor looking to swallow one of the few US life insurers that remained outside private capital control, had laid out its vision for the business. The executive did not like what he saw. Started as a private equity
Car insurance premiums have edged up for the first time in a year, with drivers paying an average of £559 in the final quarter of 2025, according to the Association of British Insurers. Even so, the cost of cover is only part of the picture. Misunderstandings about what policies include can surface at claim time,
Toyota Insurance Services UK has partnered with Cuvva to launch Toyota Short-Term Insurance by Cuvva, a digital-first motor insurance option aimed at customers seeking faster, more flexible cover than traditional annual policies. The companies said the product is designed to reflect changing driver habits, with more motorists expecting instant, app-based services at key moments of
Key Takeaways Financial firms are challenging to value due to their complex nature. Simple valuation methods help investors assess financial companies. Metrics like ROE and P/B are useful for insurance companies. Float boosts revenue by investing premiums before paying claims. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Most investors avoid trying
Key Takeaways Recoverable depreciation is the gap between replacement cost and actual cash value. Insurance may cover recoverable depreciation through a specific policy clause. Two checks are issued: one for the item value, one after replacement. Receipts are necessary for processing claims on replacement. Get personalized, AI-powered answers built on 27+ years of trusted expertise.
Key Takeaways The Code of Hammurabi introduced early forms of insurance in 1750 B.C. Medieval guilds pooled resources for trade loss protection. Lloyd’s of London began in 1600s coffeehouses for maritime insurance. The Great Fire of London in 1666 led to fire insurance development. Mortality tables by Edmund Halley enhanced life insurance practices. The concept
New data from Confused.com has found that new road users can save over £300 on their car insurance costs Drivers can save £315 by making small tweak to their car insurance Drivers could save hundreds of pounds on car insurance, experts are saying. New data from Confused.com has found that new road users can save
Romance fraud typically evokes images of people being tricked out of their life savings by partners they meet on dating sites, but some scammers use a different tactic: recruiting unsuspecting victims into fake insurance claims. The scam involves a fraudster convincing their partner, or a person they are dating, either to say they have witnessed
MoneySuperMarket, has launched a financial services and price comparison service ChatGPT app, claiming it is the first in the UK and flagging the impact on motor insurance. The aggregator explained the app leverages the power of AI to search over 150 providers in seconds “to help make decisions about saving money on household bills simpler,
key Takeaways Water damage liability insurance protects against unintentional damage to another’s property. Coverage is typically included in renters, homeowners, and condo insurance policies. Insurance only covers sudden events, like burst pipes or malfunctioning appliances. Damage from poor maintenance or negligence is usually not covered under these policies. Umbrella policies offer broader liability coverage than