Motor insurance

By 1994, the European Union (EU) had established an internal market for insurance as a result of its adoption two years earlier of the third Council directives on non-life and on life insurance. These completed the work of the first two directives in each field and introduced, with effect from 1 July 1994, a true "European passport" for insurance services. Although this provided the framework within which companies must work in a European context, it did not however complete the picture ...

Insurance fraud costs the insurance industry, and ultimately shareholders and policyholders, at least £2bn a year. The problem has grown in importance as customers see insurance companies as fair game for fraud, and recession means more people have financial problems- so may resort to desperate measures...

The crucial role the insurance industry plays in a healthy UK economy has been revealed in a tax report from the ABI and PWC...

This fact file explores the insurance services sector for High-Net Worth Individuals (HNWIs) in the UK. HNWIs are defined as individuals owning a large pool of liquid financial assets ­– the ‘qualifying’ amount of those assets varies globally and also by provider. Long-term the trend is for ever increasing numbers of HNWIs.