Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Report MarshMac To Expand In Europe, U.K.
Jun 26 2000 // According to reports which appeared in the Times of London, and France’s financial newspaper Les Echos, the world’s largest broker Marsh & McLennan (Marsh,Inc.) plans to expand its operations in the U.K....
Bancassurance Model is Business as Usual in European Countries
Jun 12 2000 // The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities sectors to cross-holdings and business combinations after almost 70 years of...
HSBC Launches Internet Insurance Site for U.K. Small Business Community
Jun 11 2000 // London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the U.K.’s small business community. Initially the service will offer commercial property...
AIG Unit Launches U.K. Health Care Coverage
Jun 7 2000 // New Hampshire Insurance Co., a member of the AIG Group, announced that it would begin offering health care coverage in the U.K. for non-emergency medical procedures under a plan named “Healthnow.” The name is...
Heavy Rains Cause Flood Loss in U.K.
Jun 6 2000 // Unseasonably heavy rains over the weekend caused extensive flood damage in northeast England. “Almost 30 hours of continuous rain caused the river Calder to burst its banks, flooding the town of Todmorden. Water was...
Internet Virus Insurance Offered in U.K.
May 25 2000 // XTML, an Internet solutions provider, announced that it has made arrangements with U.K. insurer Independent Insurance to offer a policy covering damages caused by Internet viruses, including e-mail originated viruses like...
SINSER Buys U.K. Risk Management Group
May 24 2000 // SINSER Holding AB, part of Sweden’s Skandia Group, announced that it has acquired Risk & Insurance Research Group Ltd.(RIRG) of London for an undisclosed price. The move underlines Skandia’s strategic...
Cybersettle To Launch in U.K.
May 24 2000 // Cybersettle, the leading online claims settlement system is set to launch its service in the U.K., and hopes to repeat the success it has had resolving claims in the U.S. The U.K. effort will be headed by two old insurance...
U.K. E-Retailer Collapses – .Com’s Under Pressure
May 19 2000 // When Boo.Com was launched last November there were high expectations that it would become a successful seller of sporty upscale designer clothing. When it collapsed yesterday under a mountain of accumulated debts, it sent...
Award Increases Cause Rise in U.K. Premiums
Feb 29 2000 // The distinct possibility that damage awards arising from automobile accident claims will substantially increase in the U.K. has prompted the Association of British Insurers (ABI) to warn of possible big increases in...
U.K. Insurer To Sell Cars
Feb 17 2000 // In a case of modern vertical integration, British insurer Direct Line, a subsidiary of Royal Bank of Scotland, announced the creation of a Web site to sell automobiles, accessories and related financial services. Direct...
Colonial Looking For U.K. Buyer
Feb 2 2000 // Australian insurance and financial services group Colonial confirmed that it was looking for a buyer/merger partner for its U.K. insurance, pensions and lending business, estimated to be worth around £315 million ($510...
ING May Sell U.K. Stockbroker
Jan 8 2000 // According to London’s Financial Times, Dutch financial services and insurance giant ING is reportedly ready to sell its U.K. based stockbrokerage unit, Williams de Broe, to Belgium’s Artesia Banking Corp. for...
U.K. Claims Code In Force, As Weather Hits New Year Celebrations
Jan 2 2000 // Rain snow and arctic weather hit the British Isles over the New Year’s weekend, causing some damage, snarling transport, and leading to the cancellation of many planned celebrations. U.K. insurers anticipate a number...