London Workers Seek Assurance Transport System Is Safe Before Returning to Offices July 9, 2020 By Huw Jones Workers in the City of London need to have greater confidence that traveling on the capital’s public transport system is...
UK Insurers, Banks Must Be Ready to Manage Climate Risks by End of 2021: BoE July 1, 2020 By Huw Jones Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to deal with...
Bank of England Tells Insurers, Banks to Continue Analyses of Impact of Climate Risk June 29, 2020 By Huw Jones The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change...
UK, EU Likely to Miss Deadline for Accessing Financial Services After Brexit: Sources June 24, 2020 By Huw Jones Britain and the European Union are set to miss their end-June deadline for assessing future cross-border trade in financial services,...
UK Insurance Broker Ardonagh Group Secures $2 Billion Loan for Acquisitions June 23, 2020 By Rachel McGovern UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by...
UK Insurer Saga Refunds £44M to Customers on COVID-19 Travel Interruptions June 22, 2020 Saga has refunded 44 million pounds ($54.45 million) of advance payments to customers whose travel was interrupted by the coronavirus...
AXA XL Taps Clarke from WTW, Generali’s Warke for UK Broker Management Team June 17, 2020 AXA XL announced two additions to its UK broker management team: Michael Clarke has been appointed Regional Broker Distribution leader...
When UK Firms Transfer Pension Obligations to Insurers, They See Share Boost: Report June 17, 2020 Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more...
UK Insurers Cite Swedish Example in Bid to Dodge Coronavirus Biz Income Payouts June 17, 2020 By Lucca de Paoli Insurers are set to argue against paying out fully on claims made by businesses forced to shut because of the...
Allianz Global Corporate & Specialty Launches ‘Cyber Protect’ Product for UK Market June 16, 2020 Allianz Global Corporate & Specialty (AGCS) announced the launch of a new Allianz Cyber Protect product in the UK. AGCS,...