The mis-selling of controversial payment protection insurance (PPI) could cost insurers as much as £203 million in the future after the City watchdog revised its original compensation estimate.

The Financial Services Authority (FSA) said it

Damage caused by potholes resulted in £2.85 million-worth of successful insurance claims being made by motorists last month.

Drivers made the equivalent of about 1,900 claims in February, AA Insurance said.

Claims generated by car

Lift company ThyssenKrupp Elevator has admitted it breached health and safety laws which contributed to the death of a young Polish banker.

Katarzyna Woja, 32, was crushed to death at Broadgate Health Club in the City of London in March 2003 after

The Chilean earthquake will cost the country's biggest insurance firm around £30 million in claims, said the company's UK owner.

RSA Insurance, which is the biggest general insurer in Chile with a 20% market share, estimated the cost at &pou

Rates at motor insurance group Admiral have risen by an average of 12% in the last year - the largest increase for nearly a decade - despite the company recording profits of more than £200 million.

The firm said the hike was necessary to "co

Insurance giant Prudential will tap shareholders for 20 billion dollars (£13.3 billion) to fund a 35.5-billion-dollar deal to make it the largest insurer in Asia.

Pru is making the move as part of its takeover of AIA - the Asian arm of baile

Doing business in Asia will drive Prudential's growth, the insurance giant has declared.

The firm said it had gained record sales across the region in last three months of last year.

Prudential, which intends to buy AIG's Asian business