Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Casualty Actuaries Should Consider Foreign Customs, Economics, Politics
Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...
Finance Industry Warns of Transatlantic Discord over Derivative Rules
Jun 8 2011 // Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday. “The high policy debate is going in the wrong direction...
Icelandic Ash Cloud Shuts UK Flights; Britain Says Airspace Open
May 24 2011 // About 250 flights to northern Britain were cancelled on Tuesday over concerns about the ash cloud spewing from an Icelandic volcano, but British and Irish officials dismissed fears of a mass shutdown of airspace. The...
Lloyds Bank Takes $5.3 Billion Hit for Mis-selling Payment Protection Insurance
May 6 2011 // Lloyds, the UK’s state-backed bank, which has no affiliation with Lloyd’s of London, took a shock £3.2 billion ($5.3 billion) charge against its profits on Thursday to cover compensation for people sold...
U.K. Brokerage Acquires Dallas-based CSI Entertainment Insurance
Mar 8 2011 // Doodson Broking Group, an entertainment insurance specialist based in the United Kingdom, has acquired Dallas-based CSI Entertainment Insurance to form Doodson Entertainment. The partnership creates an insurance broker for...
Firms Vulnerable In Corrupt Practices Crackdown
Jan 19 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...
Firms At Risk As Fight Against Corrupt Practices Heats Up
Jan 10 2011 // The U.S. and U.K. Crack Down on Bribes While in Russia and China Giving Gifts Remains Common Practice Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in...
Northern Europe Counts Costs of Early Winter Weather
Dec 2 2010 // Heavy snow caused travel chaos across much of northern Europe on Thursday, keeping London’s Gatwick airport closed for a second day and disrupting road and rail travel in France, Germany and Switzerland. Days of...
Sources Say Allianz and Partners Plan UK Fast-rail Bid
Oct 29 2010 // German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources...
US State Dept. Warns Americans to be Vigilant When in Europe
Oct 5 2010 // The Obama administration on Sunday warned Americans of potential terrorist threats in Europe and urged them to be vigilant in public places, including tourist spots and transportation hubs. A State Department travel alert...
S&P Affirms AXA UK’s ‘AA-‘ Ratings; Removed from CreditWatch
Sep 27 2010 // Standard & Poor’s Ratings Services has removed its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer AXA Insurance U.K. PLC (AXAI) from CreditWatch with negative...
Aviva States RSA Offer not in Shareholder Interest
Aug 18 2010 // Insurer Aviva PLC said Monday it rejected a £5 billion ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn’t in the best interest of...
Obama, Cameron Push Sanctions on Iran, Including Insurance
Jul 21 2010 // Britain and the United States said Tuesday it was not too late for a peaceful solution to the crisis over Iran’s nuclear program, but said they were determined to enforce new sanctions. The United Nations approved...
S&P ‘Cautiously Optimistic’ on UK’s P/C Sector; Sees Rising Prices
Jun 30 2010 // In a recently published report Standard & Poor’s Ratings Services said that it believes “underlying underwriting performance in the U.K. non-life insurance industry has come under increasing pressure from...
Saft: Lessons for U.S., UK from Japan’s Lost Decade
May 28 2010 // Deflation and a lost decade can be avoided it seems; all we need are perfect central bankers, sensible politicians, a biddable electorate and cooperative investors. Nothing to worry about there, then. In a speech on...
Volcanic Ash Grounds European Flights
May 17 2010 // Volcanic ash from Iceland caused widespread disruption at airports in Britain and other parts of northern Europe on Monday, grounding 1,000 flights and delaying hundreds of thousands of passengers, aviation officials...
UK’s Conservatives Appear Short of Majority; Hung Parliament Looms
May 7 2010 // Britain’s opposition Conservatives became the biggest party in parliament on Friday in a bitterly fought election, but were set to fall short of a majority, leaving it unclear who would run the country. British asset...
Flights Pick Up in Europe As Ash Risk Is Lowered
Apr 21 2010 // European airports started to return to life on Tuesday after five days cut off from the rest of the world by a volcanic ash cloud, but some countries were more cautious after reports a new cloud might be on its way. The...
Flights Resume in Parts of Europe
Apr 20 2010 // Flights from large parts of Europe are set to resume on Tuesday under a deal agreed by the European Union to free up airspace closed by a cloud of ash hurled into the sky by an Icelandic volcano. However, with the cloud...
The Insurance Industry Wants You!
Jan 10 2010 // American-born poet, T.S. Eliot, did little to further the cause of attracting people into the insurance business. As far back as 1922, in his famous work, “The Wasteland,” the sometime bank employee created a...
