Hiscox Agrees to Arbitration Settlement with UK Policyholders over COVID-19 BI Losses June 28, 2021 Hiscox has agreed an arbitration settlement with a group of policyholders over business interruption losses due to the government’s COVID-19...
BHSI Launches Energy & Technical Lines Casualty Products in UK with Dedicated Team June 22, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and established...
UK Financial Services Sector Cautions About Legislating Work-from-Home Options June 21, 2021 By Huw Jones and Carolyn Cohn LONDON – How people divide their working hours between home and office should develop naturally over time and not be...
UK Struggles to Adapt to Impact of Climate Change June 18, 2021 By Jessica Shankleman The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused...
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...
Bank of England Launches Climate Change Stress Test for Insurers, Banks June 8, 2021 By Huw Jones The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial...
Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil May 20, 2021 Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year...
London’s ‘Golden Age’ as Europe’s Financial Center Has Ended: NatWest Chair May 20, 2021 By Huw Jones The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major...
Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets May 14, 2021 By Huw Jones Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials...
Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology April 21, 2021 By Nick Carey, Paul Lienert and Tina Bellon LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell...