Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
AXA, Japan Post Top Best’s List of World’s Largest Insurers
Jan 4 2012 // France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled by A.M. Best. The lists, which were compiled both on asset value and on net...
Ratings Recap: Brit, Ecclesiastical
Dec 20 2011 // A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of UK-based Brit Insurance Limited (BIL) are...
Europe Moves Ahead with Fiscal Union; UK Isolated
Dec 9 2011 // Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain...
Best’s Special Report Sees Mounting Pressure on UK’s P&C Insurers
Sep 28 2011 // A new report from A.M. Best notes that “intense competition and the effect of the weak economic climate on investment returns and loss experience continue to put pressure on U.K. non-life insurers’ financial...
Britain Burns: Riots Spread through UK Cities
Aug 10 2011 // A wave of violence and looting raged across London and spread to three other major British cities on Tuesday, as authorities struggled to contain the country’s worst unrest since race riots set the capital ablaze in...
Ratings Recap: ECIC, Century (Guam), Al Fajer Re
Jul 29 2011 // 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...
Britain: Is It More Corrupt Than It Thinks? Is the U.S.?
Jul 20 2011 //
Casualty Actuaries Should Consider Foreign Customs, Economics, Politics
Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...
Finance Industry Warns of Transatlantic Discord over Derivative Rules
Jun 8 2011 // Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday. “The high policy debate is going in the wrong direction...
Icelandic Ash Cloud Shuts UK Flights; Britain Says Airspace Open
May 24 2011 // About 250 flights to northern Britain were cancelled on Tuesday over concerns about the ash cloud spewing from an Icelandic volcano, but British and Irish officials dismissed fears of a mass shutdown of airspace. The...
Lloyds Bank Takes $5.3 Billion Hit for Mis-selling Payment Protection Insurance
May 6 2011 // Lloyds, the UK’s state-backed bank, which has no affiliation with Lloyd’s of London, took a shock £3.2 billion ($5.3 billion) charge against its profits on Thursday to cover compensation for people sold...
U.K. Brokerage Acquires Dallas-based CSI Entertainment Insurance
Mar 8 2011 // Doodson Broking Group, an entertainment insurance specialist based in the United Kingdom, has acquired Dallas-based CSI Entertainment Insurance to form Doodson Entertainment. The partnership creates an insurance broker for...
Firms Vulnerable In Corrupt Practices Crackdown
Jan 19 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...
Firms At Risk As Fight Against Corrupt Practices Heats Up
Jan 10 2011 // The U.S. and U.K. Crack Down on Bribes While in Russia and China Giving Gifts Remains Common Practice Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in...
Northern Europe Counts Costs of Early Winter Weather
Dec 2 2010 // Heavy snow caused travel chaos across much of northern Europe on Thursday, keeping London’s Gatwick airport closed for a second day and disrupting road and rail travel in France, Germany and Switzerland. Days of...
Sources Say Allianz and Partners Plan UK Fast-rail Bid
Oct 29 2010 // German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources...
US State Dept. Warns Americans to be Vigilant When in Europe
Oct 5 2010 // The Obama administration on Sunday warned Americans of potential terrorist threats in Europe and urged them to be vigilant in public places, including tourist spots and transportation hubs. A State Department travel alert...
S&P Affirms AXA UK’s ‘AA-‘ Ratings; Removed from CreditWatch
Sep 27 2010 // Standard & Poor’s Ratings Services has removed its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer AXA Insurance U.K. PLC (AXAI) from CreditWatch with negative...
Aviva States RSA Offer not in Shareholder Interest
Aug 18 2010 // Insurer Aviva PLC said Monday it rejected a £5 billion ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn’t in the best interest of...
Obama, Cameron Push Sanctions on Iran, Including Insurance
Jul 21 2010 // Britain and the United States said Tuesday it was not too late for a peaceful solution to the crisis over Iran’s nuclear program, but said they were determined to enforce new sanctions. The United Nations approved...
