Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Travelers to Transfer European Business to Dublin Subsidiary in Preparation for Brexit
Sep 24 2019 // Travelers Insurance Co. Ltd., the U.K. subsidiary of The Travelers Cos., has received approval from the High Court of England and Wales to transfer the portfolios of all relevant in-force policies and historic liabilities...
U.K. Travel Insurer Saga Secures Flights for Clients Hit by Collapse of Thomas Cook
Sep 23 2019 // Saga Plc said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently and have been impacted by the collapse of Thomas Cook. The over-50s tourism and insurance firm...
As Brexit Fatigue Grows, the Political Will to Prevent No-Deal Exit Is Evaporating
Sep 19 2019 // Brexit from afar is looking like a disaster about to happen. One European official, watching the situation up close, compared it to two cars driving at high speed toward each other with each expecting the other to swerve...
Risk of No-Deal Brexit Is Now ‘Palpable,’ Says EU’s Juncker
Sep 18 2019 // European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on Oct. 31 is now “palpable,” sparking a drop in the pound. Juncker, speaking to the European Parliament in...
Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture
Sep 18 2019 // Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a...
Prime Minister Johnson’s Brexit Plan Goes to Court as Latest EU Talks End in Failure
Sep 17 2019 // Boris Johnson’s Brexit strategy has been on trial ever since he became prime minister eight weeks ago, and on Tuesday his lawyers will defend it in the U.K.’s highest court. Fresh from being lambasted by a...
Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles
Sep 17 2019 // Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product...
U.K. Police Drop Probe Into Pro-Brexit Group Leave.EU, Co-Founded by Insurance Exec
Sep 13 2019 // U.K. police dropped an investigation into whether Brexit supporting campaign Leave.EU breached electoral law, saying there was insufficient evidence to justify any further criminal probe. While Leave.EU made some...
U.K. Telematics Insurer Finds Motorists 32% More Likely to Crash on Friday the 13th
Sep 13 2019 // Analysis of almost five billion miles of driving data and associated claims in the U.K. shows that Friday is the most likely day for motorists to have a road traffic incident, and when it falls on the 13th of the month,...
U.K. Prime Minister Warned that Parliament ‘Forcefully’ Will Try to Stop No-Deal Brexit
Sep 13 2019 // Boris Johnson’s Brexit troubles deepened as the Speaker of the House of Commons warned him Parliament will “forcefully” try to stop him taking Britain out of the European Union without a deal. The premier...
U.K. Insurer RSA Merges Commercial Risk Solutions, Global Risk Solutions Businesses
Sep 12 2019 // RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows another restructuring in...
UK Government Will Not Delay Brexit, Says PM Johnson
Sep 10 2019 // Prime Minister Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came into force demanding that he delay Britain’s departure from the European Union until 2020 unless he can...
UK Banks’ Payment Protection Insurance Scandal Is Getting Costlier
Sep 4 2019 // Two major U.K. lenders warned that a last-minute rush by compensation-seeking customers will make the most expensive scandal in British banking even costlier. Royal Bank of Scotland Group Plc said Wednesday it plans to set...
UK PM’s Brexit Plan Suffers Humiliating Defeat as Election Fight Looms
Sep 4 2019 // U.K. Prime Minister Boris Johnson began moves to trigger a snap general election after suffering a humiliating defeat for his Brexit strategy that left his ruling party in tatters. A fresh poll to choose a new government...
UK Finance Minister Tells Executives Finance Sector Is His Priority as Brexit Nears
Sep 3 2019 // British finance minister Sajid Javid told representatives of the country’s financial services industry on Monday that the sector was a top priority for him as the country prepares to leave the European Union, a...
Brexit Is Moving £61 Billion in London Insurance Business to Rival Financial Centers
Sep 3 2019 // London’s outsized role in the global insurance industry is being whittled down by Brexit. As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a...
European Insurers Are Having a Rough Time This August – Here’s Why…
Aug 29 2019 // European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies’ exposure to Asia are making things even...
U.K. Prime Minister Rolls the Dice on City of London’s Future: Opinion
Aug 29 2019 // Not long after Britain voted to leave the European Union, the City of London’s chiefs grudgingly began hammering out plans for the worst: that Britain might eventually abandon the EU’s single market. Now the...
U.K. Prime Minister Johnson Forces Brexit Showdown
Aug 29 2019 // British Prime Minister Boris Johnson’s move to suspend parliament and come good on his promise to avoid any more delays to Brexit has set the clock running for his opponents to thwart him. The question is whether...
U.K. Government Optimistic that Brexit Talks Can Begin Again
Aug 27 2019 // The U.K. government sees an opportunity to restart Brexit negotiations with the European Union after Prime Minister Boris Johnson’s meetings last week with German Chancellor Angela Merkel and French President...
