Keep up to date with the latest insurance and finance news in our weekly round-up…


Wow Air: half of UK travel policies do not cover airline failure

As the Icelandic budget career closes, analysis reveals that almost 50% of insurance policies do not protect against airlines going bust.

RBS chief’s £350k a year pension faces shareholder rebellion

Shareholders are preparing to rebel against pay policies at the Royal Bank of Scotland ahead of its annual general meeting, as chief executive Ross McEwan is set to pocket some £350,000 in pension contributions.

Lloyd’s of London threatens lifetime ban for harassment

John Neal, who became Lloyd’s of London CEO last year, announced immediate measures to address issues of harassment in the 331-year-old insurance market.

Keyless theft sees car theft insurance payouts surge by 29%

Car insurers paid out 29% more for victims of car theft in 2018, with vulnerabilities related to keyless entry and go systems being blamed for the sharp rise.

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