Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
S&P ‘Cautiously Optimistic’ on UK’s P/C Sector; Sees Rising Prices
Jun 30 2010 // In a recently published report Standard & Poor’s Ratings Services said that it believes “underlying underwriting performance in the U.K. non-life insurance industry has come under increasing pressure from...
Saft: Lessons for U.S., UK from Japan’s Lost Decade
May 28 2010 // Deflation and a lost decade can be avoided it seems; all we need are perfect central bankers, sensible politicians, a biddable electorate and cooperative investors. Nothing to worry about there, then. In a speech on...
Volcanic Ash Grounds European Flights
May 17 2010 // Volcanic ash from Iceland caused widespread disruption at airports in Britain and other parts of northern Europe on Monday, grounding 1,000 flights and delaying hundreds of thousands of passengers, aviation officials...
UK’s Conservatives Appear Short of Majority; Hung Parliament Looms
May 7 2010 // Britain’s opposition Conservatives became the biggest party in parliament on Friday in a bitterly fought election, but were set to fall short of a majority, leaving it unclear who would run the country. British asset...
Flights Pick Up in Europe As Ash Risk Is Lowered
Apr 21 2010 // European airports started to return to life on Tuesday after five days cut off from the rest of the world by a volcanic ash cloud, but some countries were more cautious after reports a new cloud might be on its way. The...
Flights Resume in Parts of Europe
Apr 20 2010 // Flights from large parts of Europe are set to resume on Tuesday under a deal agreed by the European Union to free up airspace closed by a cloud of ash hurled into the sky by an Icelandic volcano. However, with the cloud...
The Insurance Industry Wants You!
Jan 10 2010 // American-born poet, T.S. Eliot, did little to further the cause of attracting people into the insurance business. As far back as 1922, in his famous work, “The Wasteland,” the sometime bank employee created a...
EU Presses IMF to Support Financial Transaction (Tobin) Tax
Dec 11 2009 // The European Union increased pressure on the International Monetary Fund on Friday to consider a global tax on financial transactions to limit the risk of another economic crisis. In a draft statement expected to be...
Floods in the U.K.; Lloyd’s Exchange Gets Rolling; Willis in Deal for Gras Savoye
Dec 6 2009 // A series of violent storms struck the west coast of England, beginning Nov. 19. Cumbria, the county just below the Scottish border, was the most severely affected area, where heavy rain caused extensive flooding in a...
France Tries to Calm Britain’s Angst over Regulation Threats
Dec 3 2009 // France tried to reassure Britain on Thursday that its push for tougher financial regulation in the European Union would not undermine the City of London, saying new rules would not hurt anyone system in...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
Florida Signs Insurance Regulation Pact with United Kingdom
Jul 22 2009 // The Florida Office of Insurance Regulation (OIR) and the United Kingdom Financial Services Authority (FSA) have agreed to work together on issues that affect insurance consumers in the U.K. and the U.S. Florida Insurance...
Ratings: Everest Re (Ireland), Bosna Re, Peace Hills, Farmers (NZ), Swiss Re (debt), Optimum
Jun 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re...
Farm-based Biogas, a Neglected Asset in Greenhouse Gas Fight
Mar 19 2009 // John Ibbett and pigs go back a long way. “The pig manager pushed me round in a pram,” recalls Ibbett, whose family has been farming on the same site since 1939. Now he’s proud his family farm can turn...
UK’s Serious Fraud Office to Probe AIG Financial Products Unit
Feb 12 2009 // Britain’s Serious Fraud Office (SFO) has launched a preliminary inquiry into suspected irregularities at a British subsidiary of American International Group Inc., the SFO said on Thursday. The SFO said its probe...
UK launches 2nd Bank Rescue Plan, RBS Losses Near $30 Billion
Jan 20 2009 // The UK launched a second bank rescue plan on Monday. One of the recipients, Royal Bank of Scotland, said it lost over £20 billion ($29.3 billion) last year and Japan said bad loans worldwide had further to climb. The...
Ratings Recap: HDI (Italy), Provident, Polish Re, Arab Insurance Group
Dec 8 2008 // Standard & Poor’s Ratings Services has placed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Italy-based insurer HDI Assicurazioni SpA (HDI/Italia or HDI/I) on...
Irish Pork Recalled in Dioxin Scare
Dec 8 2008 // Britain and Ireland warned consumers Sunday not to eat any Irish pork products after tests revealed they may be contaminated with toxic dioxins. The Irish government has ordered a recall of all domestic pork products from...
AIR Worldwide Releases UK Inland Flood Model
Nov 25 2008 // AIR Worldwide Corporation has released the AIR Inland Flood Model for Great Britain. “The new probabilistic model will help companies better manage on-and-off flood plain risk for properties in England, Wales, and...
