The Co-operative, one of the leading UK insurance providers, tried to sell its life assurance business, but did not succeed so far because the market response was not what the company hoped for.
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The Co-operative Tries to Sell Life Insurance Business
Wednesday, October 27th, 2010Equitable Life compensation confirmed at £1.5bn
Thursday, October 21st, 2010Equitable Life policy holders will receive a total of £1.5 million in compensation, the Government has announced in its Comprehensive Spending Review.
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AIG to sell two Japanese units to US group
Monday, October 11th, 2010American International Group has agreed to sell two Japanese life assurance subsidiaries to Prudential Financial, the US insurance group, for $4.8bn.
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Life Insurer AXA Sold to Resolution Ltd
Friday, September 24th, 2010One of the leading life insurers in Great Britain, AXA, has been bought up by Resolution Ltd, life insurance consolidator.
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Life insurance payouts reach 98% at Bright Grey
Tuesday, September 7th, 2010Bright Grey has announced that it paid out 98 per cent of life insurance claims in the first six months of 2010.
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Homebuyers urged to consider life insurance
Tuesday, August 31st, 2010Consumers buying a new home have been advised to ensure they have adequate life insurance to protect their purchase in the event of unforeseen circumstances.
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Nine million British adults have never been online
Sunday, August 29th, 2010More than nine million British adults have never used the internet despite Government efforts to encourage elderly people to go online, official figures have shown.
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Co-Op considering sale of life insurance arm
Friday, August 27th, 2010The Co-Operative Financial Services (CFS) is considering selling off its life insurance arm following its merger with Britannia Building Society.
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Top insurance tips and myths for 2010
Friday, August 27th, 2010Insurance seems to be one of those things which makes even the most sensible of us become a bit of a dare-devil. We like to take the gamble that we don’t really need insurance for certain things in the false hope that nothing bad will ever happen to us and that the price of travel insurance would be better spent on more frivolous items like dinners, clothes etc.
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NatWest bank wouldn’t wire dying woman’s cash for treatment
Monday, August 23rd, 2010A TERMINALLY-ILL grandmother has vowed to close her account with NatWest after the bank refused to wire money to pay for her cancer treatment.
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