Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Commentary: World Economy Entering Into Financial Hurricane Season
Sep 7 2012 // The North Atlantic hurricane season runs from mid-August to October, with a strong peak in storm activity around the middle of September. A less familiar but even more destructive pattern of disturbances is the financial...
Ratings Recap: Electrical Contractors’, Scotia, Société Centrale, Adamjee
Aug 10 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Electrical Contractors’ Insurance...
U.K.-Based Insurer Amlin Sets Up Reinsurance Unit in New Jersey
Jul 20 2012 // UK-based specialist insurer Amlin plc is setting up a U.S. market for casualty reinsurance targeting nationwide business with a focus on general and professional liability. The business will be sourced direct from U.S....
EXCLUSIVE – Somali Pirate Kingpins Enjoy ‘Impunity’ Say UN Experts
Jul 18 2012 // Somalia’s president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United Nations investigation which criticizes the “climate of impunity” enjoyed by...
No Let Up in Gloom for Europe’s Biggest Economies
Jul 5 2012 // All of Europe’s biggest economies are in recession or heading there and there is little sign things will improve soon, surveys showed on Wednesday, backing a growing view that the region’s major central banks...
UK Banks Face New Scandal; Barclays Boss in Peril over LIBOR Rigging
Jun 29 2012 // Britain will expose on Friday a second scandal involving the country’s banks in as many days, as Barclays boss Bob Diamond clings to his job after regulators slapped a record fine on the lender for rigging interest...
UK’s MI5 Chief Talks about Threats before Olympic Games
Jun 27 2012 // Britain has seen a credible terrorist attack plot about once a year since the Sept.11 attacks – a worrying pattern as security officials brace for an array of threats ahead of next month’s summer Olympics, the...
UK Insurer Cancels Coverage on Russian Ship Going to Syria
Jun 20 2012 // A British company said Tuesday it has cancelled insurance for a Russian ship it says was carrying munitions to Syria – a shipment the British government says included refurbished military helicopters. U.K.-based...
World Economies Prepare for Panic after Greek Elections
Jun 15 2012 // Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast...
UK Insurers Face Floods Losses; May Raise Premiums
Jun 12 2012 // British insurers face big claims for flooding after the heavy rainfalls across the country this month, making it harder for them to hit profit targets and potentially forcing them to raise premium rates for consumers,...
EU Proposes Cross-Border Bank Rescues
May 30 2012 // European Union countries could be obliged to bail out one another’s struggling banks, according to a draft EU law that marks a big step towards greater EU financial integration likely to upset some members,...
Let the Games Begin
May 21 2012 // Insurance Coverage for the 2012 Olympic Games Is a Herculean Task Before the 2012 Olympic Games open in London on July 27, the city will already have experienced an unprecedented round of preparations, notably the...
UK Seeking Delay to EU’s Iran Ship Insurance Ban
May 9 2012 // The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on providing insurance for tankers carrying Iranian oil, arguing that it could lead to a damaging spike in oil prices,...
Indiana Moving to Adopt Outdoor Stage Rules, Governor Says
Apr 25 2012 // Indiana Gov. Mitch Daniels told an entertainment industry group pushing for safer outdoor events that the state has learned from last year’s deadly State Fair stage collapse and is moving to approve emergency rules...
Total: “May be Months” to Stop North Sea Gas Leak
Mar 27 2012 // A cloud of explosive natural gas boiling out of the North Sea from a leak at Total’s abandoned Elgin platform forced wider evacuations off the Scottish coast on Tuesday as the French oil company warned it may take...
Three Mull Lawsuits in U.S. Against Murdoch’s News Corp.
Mar 5 2012 // Three people who believe they were targeted by a private investigator working for Rupert Murdoch’s News of the World while they were in the United States are considering suing his company in U.S. courts, a source...
UK Singer Church Settles in Murdoch Hacking Case
Feb 28 2012 // Charlotte Church, who testified about being hounded by Rupert Murdoch’s journalists when she was a teen singing sensation, has received 600,000 pounds ($951,000) in a settlement from News International. Despite her...
Best Affirms RSA and Operating Subsidiaries Ratings; Outlook Stable
Feb 23 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the...
U.K.-based Broker BMS Group Opens New York Office
Jan 26 2012 // The U.K.-based broker BMS Group said it has opened an office in New York City. BMS Group CEO Carl Beardmore The firm said the Park Avenue office in Manhattan will be the base of Group CEO Carl Beardmore, who will now be...
News Corp. Admits Guilt, Settles Hacking Claims
Jan 19 2012 // The British newspaper arm of Rupert Murdoch’s News Corp. looks set to settle at great expense a string of legal claims after admitting wide-scale phone hacking that was both known about and concealed by senior...
