Regulatory approval followed sale price of $950m being confirmed last September.
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
FSCS vows to work with liquidator and Danish authorities.
The Central Bank of Ireland imposes the fine for regulatory breaches relating to large loss claims and accounting irregularities.
Scrutiny of unrated insurers and the #insuretrek18 were highlighted as the best things to happen in insurance this year. But who said what?
Company closed to new business at the end of 2016 but 1,700 UK customers may still be affected.
Software house boosts R&D investment by 10% in 2018.
Tanya Giles, of insurer Atradius, explains why the cover is growing in importance as uncertainty over Brexit dominates.
Ebitda and revenue fall in the 12 months.
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
News of a potential sale was first revealed earlier this month.
Dual pricing – the “crack cocaine” of insurance - was the headline article of the month for brokers.
André Symes from Genasys Technologies explains what APIs are and what brokers and insurers need to think about when starting their digital journeys.
Competition watchdog criticised the sector and called for pricing intervention options.
Axa's director of schemes and MGAs and Allianz's director of broker markets discuss the biggest events to shake the market in 2018.
Competition watchdog responds to Citizens Advice super-complaint.
She joins from Junction to replace Mark Holweger.
Swiss Re-owned firm anticipates IPO in 2019.
To be successful brokers need a deep knowledge of the sector they’re targeting with a scheme, says Jonathan Smith
Who prefers turkey "curry" and who will be reaching for the pickles?
Insurer moves the role to Birmingham for the first time.
Forget having a summer playlist! July 2018 saw brokers more interested with who topped Allianz's “hit list” and Axa's replacement for Amanda Blanc, along with finally having a date for the senior managers’ regime.
One year on a Freedom of Information of request from Insurance Age reveals the timeline of events.
RSA and Aviva were the talk of the town amongst brokers in June as rumours swirled that Allianz was targeting a big UK acquisition. Swinton's sale also caught brokers attention along with hack day, which explored what brokers should do to stave off a…