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AA calls for government action on flood protection

Recent government statements concerning the availability of affordable flood cover when the Statement of Principles expires in June have "not given much ground for confidence", according to AA Insurance director Simon Douglas.

AA float among Acromas options

Acromas is making "tentative steps towards a potential break-up" that could see a float of the AA for up to £5bn, according to the FT.

Ageas buys Groupama for £116m

Ageas UK has acquired Groupama Insurance Company for £116m in a deal that it has claimed propels it to the UK’s 4th private motor insurer with an 11.7% share of the market.

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