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XL says investment portfolio value tumbled between $1-1.2bn in Q3

XL Capital has said its investment portfolio tumbled between $1 bn - $1.2bn in the third quarter of 2008.

The loss was blamed by XL on the "movement of market prices", which saw trillions of dollars worth of value wiped off world stock markets.

The group added that its book value had also been negatively

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Aviva expands ChatGPT insurance app

Two months after becoming the first major UK insurer to launch an app on ChatGPT, Aviva has expanded its capabilities to allow customers to obtain a life insurance quote.

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