Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Survey Reports Drop in New Lawsuits, Actions Filed Against U.S. Companies
Oct 15 2007 // It may be too early to say that conflict has become passé, but U.S. businesses report a distinct drop in the number of lawsuits filed against them in the past year, according to the latest Litigation Trends Survey...
Risk Modeler Says Repeat of 1987 Windstorm Could Cost $14 Billion
Oct 15 2007 // Risk Management Solutions (RMS) has released an impact study of the potential losses from a windstorm of the force and velocity of the one that hit Southern England and Northern France in 1987, if it occurred today. The...
U.S. excess and surplus lines market attracts international attention
Sep 24 2007 // The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct...
Fla. CFO to Visit U.K. to Discuss Climate Effects on Insurance
Sep 7 2007 // Keith Allan, Her Majesty’s Consul General of Miami, invited Florida Chief Financial Officer Alex Sink to meet with British leaders in London in early November. Sink will meet with experts at the London School of...
RMS: U.K. Summer Floods Could Cost Insurers £2.25 Billion
Jul 30 2007 // The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS). Insured losses from the July...
Britain’s Pearl Insurance Moves to Block Resolution-Friends Merger
Jul 30 2007 // Pearl Insurance indicated last Friday it was preparing to spoil rival British insurance company Resolution PLC’s acquisition of Friends Provident PLC. Pearl announced that it has increased its stake in Resolution to...
Willis Index Shows Soft Market in U.K. for Financial and Professional Lines
Jul 17 2007 // Rates continued to decrease in the second quarter of 2007 across all financial, executive and professional lines of insurance, according to a survey of London market insurers by Willis Group Holdings (NYSE: WSH), the...
People and Places
Jul 2 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his...
People
Jul 2 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his...
Rain Batters Britain
Jun 26 2007 // Rainstorms battered Britain on Monday, killing one man who became trapped in a flooded manhole, rescue workers said. The storm was expected to dump as much as three inches (75 millimeters) of rain on a country already...
EU High Court Upholds Britain’s Workplace Safety Law
Jun 15 2007 // The European Court of Justice has upheld Britain’s workplace safety law, dismissing a legal claim by the European Commission that it violated EU rules. Under EU law, employers must ensure a safe and healthy workplace...
People and Places
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
People
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Study: Financial Executives Expect Business Risks to Persist, Intensify
May 18 2007 // Financial executives at the world’s largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the “Managing Business Risk Through...
GMAC Insurance to Buy U.K. Auto Insurer Provident Financial
May 9 2007 // GMAC Insurance, the insurance business of GMAC Financial Services, has agreed to acquire Provident Insurance, the United Kingdom-based auto insurance division of Provident Financial PLC. The acquisition will complement...
Business Moves
May 7 2007 // Aviva The U.K.-based Aviva Group announced plans to expand in Russia. One year ago, the company launched Aviva Russia, and it is now poised to enter the direct sales market with its Moscow-based direct sales force. The...
Earthquake Hits Southeast England
Apr 30 2007 // A moderate earthquake rattled parts of southeast England Saturday morning, toppling chimneys from houses and rousing residents from their beds. Several thousand people were left without power after the quake in the county...
Swiss Re, Allianz, RMS Team-up to Write UK, US, Canada Cat Bonds
Apr 17 2007 // Swiss Re announced its successful participation in structuring and placing $150 million of securities covering flood and earthquake catastrophic events in Great Britain, Canada and the United States on behalf of...
Broker Integro Forms International Unit Based in London
Apr 5 2007 // Integro Ltd., a New York-based insurance brokerage and risk management firm, is forming an international insurance and reinsurance business unit based in London. The new group will offer worldwide insurance and reinsurance...
Integro Forms London Insurance & Reinsurance Unit
Apr 5 2007 // New York-based Integro Ltd. announced the formation of an international insurance and reinsurance business unit to be based in London. The group will offer global insurance and reinsurance business capabilities for...
