Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Middleton Appointed to Head Aon Consulting (U.K.); Dail Named Global Chief Administrator
Mar 28 2006 // Aon Consulting, the human capital and management consulting arm of Aon Corp., announced from its Chicago headquarters that Robert Middleton has been appointed chief executive of Aon Consulting in the U.K., taking over from...
Best Affirms Steamship Mutual Underwriting (U.K.) ‘A-‘ Ratings
Mar 24 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to the U.K.-based Steamship Mutual Underwriting...
FSA Cites U.K. Market Progress; Won’t Propose Regulations
Mar 21 2006 // The U.K.’s Financial Services Authority (FSA) announced that it has “put on hold its work to develop rules to bring about contract certainty in the insurance market.” The U.K.’s insurance community...
ABI Says U.K. Fires Cost Industry Nearly $3.5 Million a Day
Mar 9 2006 // The Association of British Insurers has calculated that fires are “burning into the profits of British businesses at a record rate.” According to its most recent figures the cost of business fires in 2005 for...
R&M Reports on U.K. Brokers
Mar 2 2006 // Dublin-based consultants Research and Markets announced that it has added a new title to its offering, “The Future of Brokers in UK Personal Lines Insurance.” “This report examines the future prospects...
U.K. Auto Market Going to the Internet
Mar 1 2006 // A new study from the Dublin-based consultants Research and Markets notes that the U.K.’s automobile (motor) owners are increasingly using the Internet when it comes to insuring their cars. “Buying insurance...
Tax Liabilities Present a Growing Threat to U.K. M&A Market, Study Says
Feb 21 2006 // Issues relating to taxation are the biggest cause of Warranty and Indemnity (W&I) claims in the UK according to latest research from Aon Limited. The firm analysed the W&I deals underwritten between 1990 to 2002,...
S&P Affirms, Withdraws QBE (U.K.) Ratings Following Consolidation
Feb 13 2006 // Standard & Poor’s Ratings Services announced that it has affirmed its long-term “A+” counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer QBE Insurance Co. (U.K.)...
Best Assigns ‘A’ Ratings to SVB’s Lloyd’s Syndicates 2147 & 1007
Feb 1 2006 // In two separate announcements A.M. Best Co. said it has assigned a Best’s Syndicate Rating of “A” (Excellent) and an issuer credit rating (ICR) of “a” to Lloyd’s Syndicate 2147 and...
U.K. Court Reverses Asbestos Decision
Feb 1 2006 // The U.K.’s Court of Appeal has reversed a previous ruling that granted for compensation to people with pleural plaques, a condition resulting from exposure to asbestos that scars the lining of the chest. A report on...
Aon U.K. Sees Riskier Outlook for Businesses in 2006
Jan 18 2006 // Aon Limited, The U.K.-based insurance broker and risk management consultant for the Aon Group, has published its 2006 Risk Report assessing some of the major new and existing risk challenges for UK businesses. Climate...
R&M Issues U.K. Insurers “Performance Ratio Benchmarking” Report
Jan 12 2006 // Dublin-based Research and Markets announced the addition of “Performance Ratio Benchmarking of the Top UK Insurers 2005” to their offering. “This report provides a consolidated source of information about...
AIR Worldwide and ISO (U.K.) Open Representative Office in Beijing
Jan 10 2006 // AIR Worldwide Corporation and Insurance Services Office Limited, the U.K.-based provider of personal injury claims and anti-fraud insurance services and solutions, announced the opening of the AIR Worldwide Corporation...
U.K. Experts Warn of Continuing, Evolving Global Terrorist Threats
Jan 5 2006 // A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the...
S&P Raises U.K. Eccelesiastical Ins. To ‘A-‘; EIG-Ansvar to ‘BBB+’
Dec 22 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer Ecclesiastical Insurance Office PLC to...
Lengthy Processing Time See for U.K. Oil Fire Claims
Dec 20 2005 // A bulletin on the Lloyd’s Web site notes that “claims from the biggest fire in Europe for over 50 years [the Buncefield fire] will impact the London market in two phases, according to a major loss adjuster...
Lord Levene Urges U.K. Reinsurers to Support Changes in U.S. Trust Fund Collateral Requirements
Nov 29 2005 // Lloyd’s Chairman, Lord Levene, has called on the London market’s reinsurers to play their part in European efforts to remove the current “inappropriate system” of collateralisation requirements in...
CII Offers All U.K. Brokers Guidance on Conflict of Interest Solutions
Nov 29 2005 // The U.K.’s Chartered Insurance Institute (CII) announced that it is making its guidance note on Conflicts of Interest available to the whole market in view of the FSA’s letter last week to chief executives on...
S&P Affirms Aspen’s Ratings; Removes from CreditWatch
Nov 23 2005 // The London office of Standard & Poor’s Ratings Services announced that it has “affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on U.K.-based Aspen...
U.K. Male Drivers Distracted by Provocative Posters
Nov 22 2005 // Whether by intelligent design or natural selection, men – at least most men – are programmed to look at women. This assures increased species propagation and the ultimate survival of the human race. Quite...
