UK Insurance News

Principle Insurance, the Uk’s first independent Islamic insurance company has been authorised by the the insurance governing body FSA.
The company will offer unique Shariah compliant home and motor insurance to UK residents from later this year. There are an estimated two million Muslims living in Britain.
Principle will launch its Halal motor insurance at the end [...]

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Insurers are warning that despite the statement of principles agreement, whereby the insurance industry agrees to offer cover to home and business owners against flood damage, as long as the government invests adequate amounts into improving Britain’s flood defences, may not be guaranteed.
While insurers are keen to offer cover at affordable premiums they believe this can [...]

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Insurance premiums for motor and home have not hit the peaks anticipated, say the AA British Insurance Premium Index in their latest findings.
After soaring by 6% through last year, the index now records a small fall, with the average fully comprehensive motor insurance now standing at £682, down a not very exciting £3 on December [...]

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Where is the safest place to live in the UK?
A recent report of the most burgled cities in the UK, shows Nottingham on top of the list ahead of London and Bristol. A house in Nottingham being 63.3% above the national average, with London a fair way behind at 50.8% and Bristol at 50.7%.
In contrast, [...]

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A word from Winston Churchill [the wartime PM, not the dog]:
“If I had my way, I would write the word “insure” upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise [...]

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