Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Best Assigns ‘A’ Ratings to SVB’s Lloyd’s Syndicates 2147 & 1007
Feb 1 2006 // In two separate announcements A.M. Best Co. said it has assigned a Best’s Syndicate Rating of “A” (Excellent) and an issuer credit rating (ICR) of “a” to Lloyd’s Syndicate 2147 and...
U.K. Court Reverses Asbestos Decision
Feb 1 2006 // The U.K.’s Court of Appeal has reversed a previous ruling that granted for compensation to people with pleural plaques, a condition resulting from exposure to asbestos that scars the lining of the chest. A report on...
Aon U.K. Sees Riskier Outlook for Businesses in 2006
Jan 18 2006 // Aon Limited, The U.K.-based insurance broker and risk management consultant for the Aon Group, has published its 2006 Risk Report assessing some of the major new and existing risk challenges for UK businesses. Climate...
R&M Issues U.K. Insurers “Performance Ratio Benchmarking” Report
Jan 12 2006 // Dublin-based Research and Markets announced the addition of “Performance Ratio Benchmarking of the Top UK Insurers 2005” to their offering. “This report provides a consolidated source of information about...
AIR Worldwide and ISO (U.K.) Open Representative Office in Beijing
Jan 10 2006 // AIR Worldwide Corporation and Insurance Services Office Limited, the U.K.-based provider of personal injury claims and anti-fraud insurance services and solutions, announced the opening of the AIR Worldwide Corporation...
U.K. Experts Warn of Continuing, Evolving Global Terrorist Threats
Jan 5 2006 // A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the...
S&P Raises U.K. Eccelesiastical Ins. To ‘A-‘; EIG-Ansvar to ‘BBB+’
Dec 22 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer Ecclesiastical Insurance Office PLC to...
Lengthy Processing Time See for U.K. Oil Fire Claims
Dec 20 2005 // A bulletin on the Lloyd’s Web site notes that “claims from the biggest fire in Europe for over 50 years [the Buncefield fire] will impact the London market in two phases, according to a major loss adjuster...
Lord Levene Urges U.K. Reinsurers to Support Changes in U.S. Trust Fund Collateral Requirements
Nov 29 2005 // Lloyd’s Chairman, Lord Levene, has called on the London market’s reinsurers to play their part in European efforts to remove the current “inappropriate system” of collateralisation requirements in...
CII Offers All U.K. Brokers Guidance on Conflict of Interest Solutions
Nov 29 2005 // The U.K.’s Chartered Insurance Institute (CII) announced that it is making its guidance note on Conflicts of Interest available to the whole market in view of the FSA’s letter last week to chief executives on...
S&P Affirms Aspen’s Ratings; Removes from CreditWatch
Nov 23 2005 // The London office of Standard & Poor’s Ratings Services announced that it has “affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on U.K.-based Aspen...
U.K. Male Drivers Distracted by Provocative Posters
Nov 22 2005 // Whether by intelligent design or natural selection, men – at least most men – are programmed to look at women. This assures increased species propagation and the ultimate survival of the human race. Quite...
Best Affirms Factory Mutual’s U.K. Sub ‘A+’ Rating
Nov 15 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the U.K.’s FM Insurance Company Limited (FMI) with a stable outlook. “The rating reflects the...
U.K. Cameras Spot Uninsured Drivers
Nov 10 2005 // The Association of British Insurers (ABI) notes that U.K. police have started using automatic number plate recognition cameras to spot cars being driven without insurance. The ABI calls the initiative a “new...
Reputation, Regulation and Recruitment Focus of U.K. Conference
Oct 17 2005 // Pulling Together” was the overall theme of the United Kingdom’s Chartered Insurance Institute’s Annual Conference, which concluded Sept. 23 in London. However, the “Three Re’s” took an...
Aon (U.K.) Launches M&A Warranty Replacement Coverage
Oct 13 2005 // Aon Limited, the international broker’s U.K.-based subsidiary, has unveiled an innovative insurance product called Warranty Replacement and Acquisition Protection (WRAP). Aon said the new coverage is designed to...
Heavy Rains Cause U.K. Floods
Oct 13 2005 // Heavy rains overnight caused severe flooding in parts of the U.K. The worst affected areas were in southwestern Scotland, west Wales and Cumbria, where authorities issued numerous flood warnings. Roads have been closed and...
Reputation, Regulation and Recruitment Focus of CII Conference
Sep 26 2005 // “Pulling Together” was the overall theme of the U.K.’s Chartered Insurance Institute’s Annual Conference, which concluded Friday, Sept. 23 in London. However, the “Three Re’s” took...
R&M Study on U.K. Identity Fraud
Sep 2 2005 // Dublin-based Research and Markets announced that they have added a study of U.K. Identity Fraud Insurance 2005 to their offering. “With increasing media attention being devoted to the issue of identity theft and the...
Best Affirms AVIVA’s ‘A+’ Ratings
Aug 12 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of the core companies of the U.K.-based AVIVA Group. Best...
