A group of airline pilots launched their fight against TUI Airways Ltd. on Monday over allegations that the carrier breached their contracts by slashing its income protection policy for pilots who have to stop flying for health reasons.
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TOP NEWS

Pilots Fight TUI Over Changed Income Protection Scheme

By William Janes

A group of airline pilots launched their fight against TUI Airways Ltd. on Monday over allegations that the carrier breached their contracts by slashing its income protection policy for pilots who have to stop flying for health reasons.

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UK Lifeboat Scheme Says Pension Transfer Firm In Default

By Martin Croucher

The Financial Services Compensation Scheme confirmed Monday it has declared pension adviser MacInnes & Bottomley as unable to pay claims.

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Royal London Completes Aegon Protection Book Transfer

By Martin Croucher

Mutual life insurance giant Royal London said Monday it has completed the transfer of 400,000 protection customers from rival insurer Aegon UK.

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DEALS

Zurich, Aon Launch Clean Hydrogen Insurance Facility

By Sam Tabahriti

Zurich Insurance Group and Aon PLC launched Monday a new insurance facility aimed at supporting clean hydrogen projects globally, providing comprehensive coverage for blue and green hydrogen projects with capital expenditures of up to $250 million.

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Osborne Clarke Guides Aviva's School Pension Deal

By Joel Poultney

Insurance giant Aviva has completed a full scheme buy-in for a pension plan sponsored by Taunton School, consultancy Broadstone said Monday, in a deal guided by Osborne Clarke LLP.

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