Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
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...
U.K. Caught in U.S.-Style Lawsuit Craze? Hogwash, Say Trade Unions
Jul 28 2005 // The United Kingdom is not in the grips of a U.S.-style compensation culture, nine out of every 10 workers injured or made ill by their jobs never receive a penny, and the best way for employers to ensure they stay out of...
Greater N.Y. Mutual CEO Makes Case for Terror Coverage; NAMIC Suggests Britain’s Pool Re as Model
Jul 27 2005 // Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company in New York, N.Y., brought his company’s front line experience with terrorism risk before a House Financial Services...
Navigators Group Launches Global Transport Practice
Jul 18 2005 // The Navigators Group Inc. has affirmed its ongoing commitment to the insurance of transport-related business by announcing the creation of a Global Transport Practice, extending to its offices in the United States, the...
The London Bombings: We Won’t Be ‘Terrorized by Terror,’ Says Blair
Jul 18 2005 // September 11, March 11, July 7 –dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in Lon-don killed at least 49...
Best Affirms FSR for Lloyd’s Syndicate 1084; Outlook Stable
Jul 13 2005 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 1084 (United Kingdom). At the same time, A.M. Best has affirmed...
ACE Europe Appoints Furgueson President U.K. and Ireland
Jul 8 2005 // ACE European Group has announced that Michael Furgueson has been appointed President of ACE’s business operations in the United Kingdom and Ireland. He succeeds Carl Bach, who is moving to a new posting with ACE USA,...
International Newsbriefs
Jul 4 2005 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
OFT Finds Improvement in U.K. Liability Market; ABI Welcomes Report
Jun 24 2005 // The U.K.’s Office of Fair Trading (OFT) has published a study that highlights “key improvements” in Britain’s liability insurance markets. These include: “Lower increases in premiums, better...
R&M Issues New Report on Competition for U.K. SME Business
Jun 16 2005 // Dublin-based Research and Markets announced the addition of “Targeting SMEs in UK General Insurance 2005” to their offering. R&M said the report “provides an insight into the potential for commercial...
ACE Broadens Liability, Litigation Risk Product for U.K. Pension Trustees
Jun 16 2005 // ACE’s London office announced that it is responding to the growing concerns of UK pension trustees by launching an enhanced “Pension Trustee Liability” insurance product. ACE noted that “pension...
Research & Markets Issues Study on U.K. Car Theft Warning Systems
Jun 14 2005 // Dublin-based Research and Markets announced the addition of a “UK Car Alarm Fitment Report” to their offering. The report “provides an analysis of the fitment of vehicle security alarms across the 22...
The British Are Coming! No – They’re Already Here
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
R&M Report on U.K. Employer’s Liability Market Sees Slower Growth
May 25 2005 // Dublin-based Research and Markets has announced the addition of UK Commercial Liability Insurance 2005 to their offering, which it describes as “a market based report looking in-depth at the three key liability...
R&M: Rates Declining in U.K. Commercial Property Market, as Capacity Increases
May 18 2005 // Dublin-based Research and Markets has added a report on UK Commercial Property Insurance 2005 to their offering, which provides “an in-depth analysis of the commercial property market in the UK, analyzing the key...
Best Affirms Ratings for St. Paul Travelers Insurance Company Ltd.
May 6 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and assigned an issuer credit rating of “a” to St. Paul Travelers Insurance Company Limited (St. Paul) (United Kingdom). Both ratings...
ABI Urges U.K. Voters to “Make Flood Management an Election Issue”
Apr 14 2005 // The Association of British Insurers has issued a call to the country’s voters to “make flood management an election issue,” as it publishes its “flood manifesto.” The ABI is targeting 100...
ABI Says U.K. Govt.’s. Flood Management Strategy “Flowing in the Right Direction”
Mar 28 2005 // The recent announcement by the U.K. Government revealing a new strategy for flood management provides “a welcome step towards ensuring that the increasing flood risk is effectively managed,” said the...
Prudential (U.K.) Ousts Bloomer; Tucker Named New Group CEO
Mar 25 2005 // The U.K.’s Prudential, Britain’s second largest insurer, announced that Jonathan Bloomer, Group CEO for the last five years, will be replaced by Mark Tucker, currently group finance director at HBOS, the...
ABI Says Authorities Expose $6.55 Million a Week in U.K. Insurance Fraud
Mar 24 2005 // According to figures recently issued Association of British Insurers (ABI), the “net is tightening” on the U.K.’s insurance cheats. The figures show a “dramatic rise in the value of fraudulent...
