Insurance Age blog: Bankers, music and brokers

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Bankers just don’t get it, but do you? You might think that bankers in Ireland and the history of HMV have little to teach insurance brokers. But I beg to differ.

Last month the EU agreed a loan of €85bn to bail out Ireland from its economic crisis. Earlier this week chancellor George Osborne confirmed the UK's contribution and separate loan could amount to over £7bn.

Which was why it was so nice this morning to read about state-owned Allied Irish Bank's intention to payout €40m (£33.5m) in bonuses to employees.

Read on

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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