A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of UK-based Brit Insurance Limited (BIL). Best also removed …
Voyager, a niche insurance specialist in the UK, has published the top ten reasons why couples claim on their wedding insurance on or prior to their big day. The bulletin noted that “unlike the era in which previous royal weddings …
The Association of British Insurers (ABI) has issued a call for “for better co-ordination between the new financial regulatory authorities, with the emphasis on transparency and accountability and a focus on positive consumer outcomes.” The Association is concerned that regulatory …
Industrial Insurance Company HDI-Gerling has announced the creation of its second UK regional Hub in Birmingham, England. The company said the “formation of the Hub is in line with its UK Corporate strategy to build on HDI-Gerling’s brand locally throughout …
London-based Cooper Gay has unveiled plans to grow its upstream energy business with the appointment of “renowned specialist broker David Keen as head of upstream operations.” He joins the broker’s energy team to develop “new business opportunities within the upstream …
London-based Sterling Insurance Company announced that it “will be providing free wedding insurance protection [on certain conditions] to celebrate the royal wedding on April 29th. “The free cover will include cancellation cover of up to £20,000 [$32,528] and re-arrangement cover …
Rupert Murdoch’s powerful British news operation reversed course on Friday and admitted responsibility in a phone hacking scandal that had already cost the prime minister’s spokesman his job. News International, parent company of Britain’s top-selling News of the World tabloid, …
The ACE European Group announced that it has been appointed with its partner OPDU (The Occupational Pensions Defence Union) to “provide and administer pension trustee liability cover to the NEST Corporation, the trustee body responsible for running the UK Government’s …
The Association of British Insurers (ABI) announced that the long-standing Concordat and Moratorium on Genetics, agreed with the Department of Health, has been extended to 2017. Nick Starling, the ABI’s Director of General Insurance and Health, commented “The Concordat and …
The UK’s Conservative government announced, even before it was elected, that it planned to reform the country’s financial regulatory system – for banks, investment providers and the insurance industry. On February 11, 2011 it released the proposals it has been …
