Along with its recap of the applicable provisions of UK law covering damages caused by riots, the Association of British Insurers also issued a special letter to business owners. The ABI expressed its sympathy for those “who have suffered damage …
Sony Corp said on Tuesday deliveries in Britain of compact discs and DVDs could be affected after a fire hit its sole warehouse for content products in the country. The fire in the insured three-storey, 20,000 square meter warehouse was …
The Association of British Insurers has issued a set of guidelines and an explanation of the insurance coverage incident to the recent riots in London and other UK cities. The ABI estimates that insured losses and damage suffered by individuals …
A wave of violence and looting raged across London and spread to three other major British cities on Tuesday, as authorities struggled to contain the country’s worst unrest since race riots set the capital ablaze in the 1980’s. In London, …
Nick Starling, Director of General Insurance and Health, of the Association of British Insurers, issued the following statement following the third night of rioting, looting and the massive destruction of property in London. “We have every sympathy for residents and …
The Bermuda-based Catlin Group Limited announced its financial results for the six-month period ended 30 June 2011 from its London office, highlighted by a $201 million net loss for the period, compared to an $86 million profit in the first …
UK insurer RSA announced that Andy Haste intends to step down as group chief executive after more than eight years in the role. The company has chosen Simon Lee, currently CEO of International operations, to succeed Haste as group chief …
The Association of British Insurers reports that the UK’s insurance companies are “detecting more fraudulent claims than ever: over 2,500 worth £18 million [$29.446 million] every week.” A number of those claims border on the bizarre. Highlights of the record …
World leaders who oppose a global agreement to tackle climate change are making a similar mistake to the one made by politicians who tried to appease Adolf Hitler before World War Two, a British government minister said on Thursday. Energy …
Specialist insurance broker BMS Group announced that its results for the year ended December 31, 2010, show a “strengthening of financial resources and a share buyback,” which will “support BMS’ expansion strategy in the US and London, as well as …
