London-based Aon, the risk management business of Aon Corp. in the UK, announced that it has “demonstrated its commitment to reducing its green house gas (GHG) emissions by become the first company in the insurance industry in the world to …
According to new research issued by financial services market research consultancy Finaccord, the market for extended warranties and insurance related to mobile and non-mobile consumer products in Europe was worth around €5.58 billion [$8 billion] in 2010. This breaks down …
UK insurance broker Willis Limited, a subsidiary of Willis Group Holdings, announced that it has reached a settlement with the Financial Services Authority (FSA) for breaches of the FSA Handbook. Willis explained that the findings principally concern the way it …
Rupert Murdoch on Thursday caved in to pressure from Britain’s parliament to answer questions over alleged crimes at one of his newspapers, setting up a showdown with lawmakers keen to break the media mogul’s grip on politics. British police arrested …
The Association of British Insurers has underlined its members’ determination to actively pursue the fraudsters and cheaters who cost the UK’s insurers £2 billion [$3.22 billion] a year in fraudulent claims, which add an “extra £44 [$70.90] a year to …
UK broker Miller Insurance Services Limited announced two promotions in London, effective immediately, in support of its continued growth. Greg Collins has been appointed Chief Operating Officer with responsibility for Business Services (HR, IT, Marketing & Communications, Operations and Facilities). …
The UK’s Miller announced that Ben Speers has joined the London-based broker as Head of Legal. He will oversee Miller’s legal and company secretarial matters. “I am delighted that Ben has decided to join us. He has a wealth of …
UK and Lloyd’s insurer Amlin plc held a presentation for analysts today focused on updating its catastrophe estimates. Amlin estimated that net claims from the two major U.S. tornadoes during April and May 2011 were approximately $50 million. It also …
A number of media experts in the UK offered up their views following the decision by Rupert Murdoch’s News Corporation to close its tabloid News of the World after this Sunday’s edition, as a result of an escalating phone hacking …
Rupert Murdoch’s News Corporation will close its tabloid News of the World after this Sunday’s edition, as a result of an escalating phone hacking scandal, James Murdoch said on Thursday. “The News of the World is in the business of …
