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Property

Mobile Phones: Phone protection

Although 93% of adults in the UK own a mobile phone, only one in four is insured. Recent research has revealed the places consumers look to buy insurance and shows the key to unlocking the potential of this market

Aggregators call for tougher measures on automatic renewals

Aggregators have welcomed the Association of British Insurers' proposals to improve clarity around policy renewals, announced today, but say the measures should be taken further to address insurers automatically renewing policies.

Watchdog welcomes ABI's proposals on renewals

The Financial Conduct Authority has called for businesses to improve the way they offer motor and home insurance policy renewals while it considers proposals from the Association of British Insurers to boost clarity in that area.

ABI seeking better clarity for customers on renewals

The Association of British Insurers is asking the Financial Conduct Authority to regulate on a minimum standard of information for companies to give customers when renewing their motor or home insurance policy.

Ace acquires Brazilian P&C insurer

Global insurer Ace has agreed to acquire the large corporate property and casualty business of Brazil-based Itaú Seguros from Itaú Unibanco for approximately $685m. Upon completion of the transaction, Ace will be the largest commercial P&C insurer in…

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