Aviva’s chief financial officer Tom Stoddard will step down at the end of the month, the British insurer said on Wednesday, the second senior executive to leave following the appointment of Maurice Tulloch as chief executive this year. Jason Windsor, …
Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are all threatening Lloyd’s reputation as the place to insure anything …
Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation sources said. An Ethiopian …
Britain’s financial sector will continue to function properly whatever form Brexit takes, a junior minister said on Tuesday, though the head of an industry body said it would back proposals to avert Britain leaving the EU without a withdrawal deal. …
England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting gun is fired on Brexit. The move, timed for …
As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according …
Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s …
Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA’s first-half operating profit on Thursday, though results were in line with analyst forecasts. General insurer RSA, best known in Britain for its More Than …
Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said. The review, coming after a …
New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers, brokers and shipping firms have been …
