The Financial Conduct Authority said it needs more time to make a decision on whether it will impose a cut-off deadline for Payment Protection Insurance claims.
Endsleigh’s head of customer operations, Trudi Archer, has left the organisation, Post understands.
Aviva may embark on a “significant” cost cutting programme next year, analysts claim.
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Find out who ranks highest in the Top 100 UK insurers in Post’s 2016 countdown. The data, produced in association with AM Best, lists firms based on their financial returns.
As expected by AM Best, Chinese and Japanese companies ranked high. The largest Korean company was ranked seventh, and the largest Australian company followed at eighth.
A lack of large natural disasters, favourable exchange rates and a number of sizeable mergers have seen many of the top 30 European insurers weather the tough environment and climb the rankings complied by AM Best
The ranking of broking groups is based on research carried out in April and June 2016.