business and finance

Fed buys more mortgage bonds as rates rise above 4%

US central bank accelerates purchases to stabilise market for securities backed by home loans




business and finance

Non-bank lenders push for access to emergency state funding

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers




business and finance

Lenders sound warning on mortgage holidays

Households urged to consider options such as reduced payments instead of delaying debt




business and finance

UK property demand plunges as virus takes hold

60 per cent decline in sales predicted in the next three months




business and finance

UK housing market put on hold after plea from banks

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties




business and finance

Banks say Fed rescue threatens mortgage hedging strategies 

Regulatory action sought to prevent intervention from having unintended consequences




business and finance

US mortgage lenders face liquidity crunch

Non-bank lenders put on downgrade watch as sector braces for wave of borrowers not paying




business and finance

Fannie and Freddie could need bailout if lockdown lasts

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks




business and finance

Moral hazard, again

There is a grim irony in the wealthy seeking bailouts due to bad bets on working people




business and finance

UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




business and finance

UK tenants pay less than half owed in rent

Many decide to hold on to cash, triggering disputes with landlords in commercial and residential sectors




business and finance

What is the outlook for the UK housing market?

Share your experiences of trying to buy or sell a house under current market conditions 




business and finance

£1m-plus mortgage borrowers pay over the odds

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 




business and finance

Home improvers hit by remortgage problems

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this




business and finance

I’m buying a property — can I get a discount? 

Homebuyers trying to chip the price of property deals could be disappointed 




business and finance

Bank of Mum and Dad enters the bailout business

As young renters feel the pain, parents are having to bridge the financial gaps




business and finance

My First Million: Andy Scott, turnround specialist

‘There are no warranties when you take on an insolvent company’




business and finance

My First Million: Mike Battle, LaplandUK founder

From hedge fund manager to making children’s festive dreams come true




business and finance

My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




business and finance

Axa criticises regulatory confusion over dividend policy

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’




business and finance

Aviva, RSA, Direct Line and Hiscox pull dividends 

UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout




business and finance

Tesco/UK dividends: welcome to the witch trials

Cancelling payouts should not become a loyalty test




business and finance

Insurer Geico offers $2.5bn of discounts as car accidents dwindle

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic




business and finance

More than £52bn in dividend payments at risk in UK

Almost half of British companies have scrapped payouts in response to coronavirus




business and finance

UK watchdog orders insurers to pay small business claims quickly

FCA warns failure to act could count against provider’s regulatory record




business and finance

Battle between insurers and US business has just begun

Sector faces existential moment as Trump wades into debate over Covid-19 claims




business and finance

FT ranking: Asia-Pacific High-Growth Companies

Coronavirus means many businesses face an uncertain future but the region’s fundamentals will aid recovery




business and finance

Cover Genius tops FT ranking with insurtech platform

The Australian company was borne out of an online travel business that had a problem to solve




business and finance

FT High-Growth Companies Asia-Pacific

Businesses shift their focus from scale to survival as a coronavirus-led downturn takes hold — but the region’s underlying growth prospects bode well for the recovery




business and finance

Admiral to refund £110m of premiums as drivers stay at home

Move by UK group will put pressure on other insurers to follow suit 




business and finance

Admiral shows the insurance industry how it is done

Company to refund fraction of policy premiums to reflect reduction in driving  




business and finance

Two UK insurers outline scale of coronavirus claims

Hiscox expects $150m of claims while Beazley expects to pay out $170m




business and finance

Governments should backstop trade credit

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.




business and finance

Insurers face biggest-ever losses, warns Lloyd’s chief

Pandemic could dwarf other disasters such as Hurricane Katrina, John Neal says




business and finance

Admiral pulls special dividend but maintains final payout 

Insurers have been urged by regulators to reconsider shareholder payments during lockdown




business and finance

Insurers are starting to pull trade credit protection 

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 




business and finance

UK regulator to seek court ruling on business interruption insurance

Decision comes amid row between companies and insurers on what is covered under policies




business and finance

Hiscox/Covid-19 cover: red flag

If the courts rule against the UK-listed insurer, there will be a fresh flood of claims




business and finance

UK companies to shun business interruption insurance

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes




business and finance

Why the cost of protecting directors from lawsuits has soared

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up




business and finance

Coronavirus: Retail investors attempt to navigate crisis

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 




business and finance

Relax tax rules on pensions access, argues Sir Steve Webb 

Former pensions minister says the crisis means greater flexibility is needed 




business and finance

Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




business and finance

Income investors face ‘dividend drought’

£3.5bn worth of dividend payments cancelled this week 




business and finance

Managing retirement income in a crisis

Those in pensions drawdown are at risk of  pound cost ravaging




business and finance

Regulators urge UK savers to ‘keep calm’ during coronavirus volatility

Investors encouraged to take time before making any changes to their retirement plans




business and finance

How the coronavirus threatens Asia-Pacific’s $7tn pensions market

Sector across region hit by fears of panicked mass withdrawals due to pandemic




business and finance

Consumers warned over surge in coronavirus scams

Fraudsters are exploiting fears over pandemic to target pension savers, investors and online consumers




business and finance

Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




business and finance

Coronavirus crisis inflicts a double blow to pensions

Retirement plans have suffered tumbling asset values and ballooning liabilities