Latest Uk Headlines

All the headlines from our Uk Topic Page, ordered by recency.

Brexit, Climate Change and Clean Air

Jun 30 2016 // What does the Brexit portend for all those collaborative efforts undertaken by the European Union to battle climate change? It’s a question a number of people were pondering – in Europe and in the U.S. – after...

Willis Towers Watson CEO Haley Sees ‘Upside’ to Brexit

Jun 30 2016 // John Haley, who merged his U.S. consulting firm with an insurance broker this year to form London-based Willis Towers Watson Plc, said the company is well-equipped to deal with disruption from U.K. voters’ decision...

European Insurers Look to Hoarding Cash After Brexit Vote

Jun 29 2016 // Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s...

China’s Fosun Looks at UK, Europe Investments on Brexit Volatility

Jun 29 2016 // Fosun Group, China’s biggest private conglomerate, will look for more opportunities in the United Kingdom and Europe in the volatile wake of Britain’s referendum vote to leave the European Union, the...

S&P and Fitch Chop Britain’s ‘AAA’ Rating After Brexit Vote

Jun 28 2016 // Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week’s vote to leave the European Union would hurt its...

QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios

Jun 28 2016 // QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote in the UK to leave the European Union. “The referendum outcome may require a revised...

Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength

Jun 28 2016 // Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors. New European capital...

Brexit or ‘Regrexit’? That Is Still the Question…

Jun 27 2016 // To leave, or not to leave: that is the question. Still. After Britain’s historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will. Prime Minister...

Re/Insurance Business Leaders Begin to Comment on Post-Brexit World

Jun 24 2016 // The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will take for the UK to untangle...

Update: Britain Votes to Leave EU; Prime Minister Cameron Resigns

Jun 24 2016 // Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two. Global financial markets...

World Awaits Outcome of UK’s EU Referendum

Jun 23 2016 // Britons were voting on Thursday on whether to stay in the European Union in a referendum that could change the face of Europe and is being nervously watched by financial markets and politicians across the world. A British...

Factbox: Weighing Value of Financial Services in UK Economy on Day of Brexit Vote

Jun 23 2016 // Britain, Europe’s biggest financial hub, votes today on whether to stay in or leave the European Union. The country’s financial and professional services industries are considered as the most vulnerable to an...

Brexit Would Create Extra Burden for Reinsurers, Caution CEOs

Jun 22 2016 // While insurers and reinsurers will be able to deal with the aftermath of an exit of the U.K. from the European Union, the time and cost involved are unwelcome intrusions to the business, executives suggested here. Plan B...

AXA Awaits Result of Brexit Vote Before Building London’s Tallest Tower

Jun 21 2016 // AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London. “We have not launched the...

‘Brexit’ Would Damage UK’s Leadership Position in Insurance: Aon

Jun 21 2016 // Aon Plc Chief Executive Officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said the U.K.’s centuries-long leadership in the industry would be damaged if voters choose to leave...

AIG Weighs Moving Its European Hub from London if ‘Brexit’ Triumphs

Jun 16 2016 // American International Group Inc. will consider establishing an operations center within the European Union if the U.K. votes to leave the political bloc, according to Chief Executive Officer Peter Hancock. “If a...

Brexit Would Threaten UK’s Access to EU via Single Passport: Officials

Jun 15 2016 // Britain’s partners are stepping up warnings that if it votes next week to leave the European Union, banks and financial firms based in London could lose their money-spinning EU “passports.” The City of...

AXA’s CEO de Castries Predicts ‘Extremely High’ Probability of ‘Brexit’

Jun 14 2016 // There is an “extremely high” probability that the U.K. will vote to leave the European Union and investors will face “a true landscape of uncertainties,” AXA SA Chief Executive Officer Henri de...

Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey

Jun 14 2016 // Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining underwriting discipline,...

Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P

Jun 10 2016 // Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of results in 2015, reporting an average combined ratio of 90 percent,...