Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Shell Units Sued in U.K. over Massive Nigerian Oil Spill in 2011
Oct 9 2019 // Two Royal Dutch Shell Plc units were sued over their involvement in one of the largest oil spills in Nigeria’s history. Shell Nigeria Exploration & Production Co. and Shell International Trading & Shipping...
Hard Brexit Would Have ‘Significant Impact’ on U.K., Europe: Allianz Global Investors
Oct 9 2019 // Andreas Utermann has long brushed off the risk of a hard Brexit, arguing even a managed separation would be a nightmare for the U.K. Now that scenario is shaping up as the biggest worry for the money managers at Allianz...
Brexit Talks Stall as EU Leaders Cast Doubt on Reaching Deal by Oct. 31
Oct 7 2019 // Prospects of a Brexit deal faded after talks between the two sides stalled and European leaders cast doubt on reaching an agreement in time for Oct. 31. French President Emmanuel Macron and Irish Prime Minister Leo...
U.K. Personal Lines Insurers May Face Curbs on Price Hikes Slapped on Renewal Policies
Oct 7 2019 // U.K. home and car insurers could be stopped from jacking up prices when customers’ policies come up for renewal as the country’s financial-markets watchdog clamps down on an industry that’s not giving a...
PM Johnson, EU Have One Week to Agree on New Brexit Plan, or Another Delay Looms
Oct 4 2019 // Prime Minister Boris Johnson and the European Union have given themselves a week to agree on a Brexit plan. Otherwise, the U.K. will be heading for either a no-deal exit or another humiliating postponement of its departure...
Everest Insurance (Ireland) DAC Announces Its UK Branch Is Operational
Oct 4 2019 // Everest Insurance (Ireland) DAC (EIID) announced its U.K. branch is now fully operational. The branch has capabilities to write contingency, credit and political risk, financial and professional lines, general liability,...
Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A
Oct 3 2019 // Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief Executive Officer...
UK PM’s Ultimatum to EU: Negotiate Brexit on His Terms, or Face No-Deal Divorce
Oct 2 2019 // Boris Johnson is poised to issue an ultimatum to the European Union on Wednesday: negotiate Brexit on his terms within the next nine days, or face a no-deal divorce. A key EU player has already rejected the prime...
U.K. Embraces E-cigarettes, as U.S. Scrambles to Crack Down on Vaping
Sep 30 2019 // While the U.S. scrambles to crack down on vaping, Britain has embraced electronic cigarettes as a powerful tool to help smokers kick the habit. The Royal College of Physicians explicitly tells doctors to promote...
Here’s How EU Officials Rate Chances of Brexit Deal – as Deadline Looms
Sep 30 2019 // It’s endgame time (again) on Brexit. A month before the U.K.’s scheduled departure, it seems to be anyone’s guess whether Prime Minister Boris Johnson will get a revised divorce deal with the European...
Wholesale Broker H.W. Kaufman Buys U.K. MGA and Cyber Specialist Node International
Sep 30 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a U.K. managing general agent that specializes in cyber risk and...
EU Loses Faith in PM Johnson’s Ability to Deliver Brexit Divorce Deal by Oct. 31
Sep 27 2019 // The European Union is rapidly losing faith that U.K. Prime Minister Boris Johnson can deliver a divorce deal by the Oct. 31 deadline, as Brexit talks stumble. EU officials view Johnson’s inflammatory rhetoric against...
U.K. PM Johnson Vows to Exit EU (With or Without a Deal) After Historic Court Defeat
Sep 24 2019 // A defiant Boris Johnson hit back at the U.K.’s top judges and vowed to take the country out of the European Union next month, despite suffering an unprecedented legal defeat over his Brexit strategy in the highest...
Travelers to Transfer European Business to Dublin Subsidiary in Preparation for Brexit
Sep 24 2019 // Travelers Insurance Co. Ltd., the U.K. subsidiary of The Travelers Cos., has received approval from the High Court of England and Wales to transfer the portfolios of all relevant in-force policies and historic liabilities...
U.K. Travel Insurer Saga Secures Flights for Clients Hit by Collapse of Thomas Cook
Sep 23 2019 // Saga Plc said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently and have been impacted by the collapse of Thomas Cook. The over-50s tourism and insurance firm...
As Brexit Fatigue Grows, the Political Will to Prevent No-Deal Exit Is Evaporating
Sep 19 2019 // Brexit from afar is looking like a disaster about to happen. One European official, watching the situation up close, compared it to two cars driving at high speed toward each other with each expecting the other to swerve...
Risk of No-Deal Brexit Is Now ‘Palpable,’ Says EU’s Juncker
Sep 18 2019 // European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on Oct. 31 is now “palpable,” sparking a drop in the pound. Juncker, speaking to the European Parliament in...
Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture
Sep 18 2019 // Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a...
Prime Minister Johnson’s Brexit Plan Goes to Court as Latest EU Talks End in Failure
Sep 17 2019 // Boris Johnson’s Brexit strategy has been on trial ever since he became prime minister eight weeks ago, and on Tuesday his lawyers will defend it in the U.K.’s highest court. Fresh from being lambasted by a...
Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles
Sep 17 2019 // Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product...
