Latest Uk Headlines
All the headlines from our Uk Topic Page, ordered by recency.
Best Assigns ‘A’ Ratings to Catlin Insurance (U.K.)
Mar 23 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to Catlin Insurance Company (UK) Ltd. with a stable outlook. “The...
Allstate, AIG, Chubb, St. Paul/Travelers Ask Pa. Commissioner to Examine ACE Brandywine Sale
Feb 21 2005 // The law firm representing Allstate Insurance Company, American International Group Inc., Chubb & Son, and St. Paul Travelers has filed a demand, addressed to Diane Koken head of the Pennsylvania Department of...
U.K. Chief Driver Examiner Ignites Valentine’s Day Controversy: Men Better Drivers than Women
Feb 14 2005 // Everyone probably has an opinion on what constitutes competence or incompetence when it comes to driving an automobile, but when Robin Cummins, the man in charge of overseeing the U.K. Driving Standards Agency, expresses...
New U.K. Database Tackles Auto Insurance Fraud
Jan 21 2005 // Where there are cars there are accidents, and where there are accidents there are insurance claims, which unfortunately are too often phony. The U.K. has announced a new measure to try and combat this kind of fraud, which...
U.K., France to Amend Death Declaration Laws
Jan 17 2005 // The U.K., France and other European countries whose citizens lost their lives, or are still missing, in the aftermath of the Indian Ocean tsunamis, are considering ways to amend their laws governing when a missing person...
D-Day for U.K. Insurance Industry as FSA Assumes Regulatory Control; AXA Fined $940,000
Jan 14 2005 // Today, Friday, Jan. 14, marks the long anticipated official takeover of regulatory responsibility over the U.K.’s insurance industry by the Financial Services Authority. There should be no major surprises, as the...
U.K. Broker Folgate to Integrate Sirius’ System
Jan 6 2005 // The U.K.’s Sirius, a leading provider of insurance software solutions, announced that the Folgate Partnership is now live on its Underwriting Agency System which “enables EDI connectivity with their brokers...
S&P Rates Tokio Marine Global (U.K.) ‘AA-‘; Stable
Dec 29 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AA-” insurer financial strength rating to UK-based Tokio Marine Global Ltd. (TMG) with a stable outlook. “The rating on...
Actuaries Address Concerns Over Professions Integrity
Dec 10 2004 // The actuarial profession in several countries is developing new rules and standards to affirm its integrity and competence to the public, said international representatives at the Casualty Actuarial Society (CAS) annual...
R&M Releases 2004 Guide to U.K. Distribution of Commercial General Insurance
Nov 26 2004 // Dublin’s Research and Markets has announced the addition of a guide to U.K. Commercial Insurance Distribution 2004 to their offering. “This report provides a comprehensive guide to the distribution of...
Best Affirms Berkley-Europe’s ‘A’ Rating
Nov 24 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of U.K.-based W. R. Berkley Insurance (Europe) Limited (WRB). Best also assigned an issuer credit rating (ICR) of...
Everest Re Appoints Jackson as U.K. General Manager
Nov 12 2004 // Bermuda-based Everest Reinsurance Ltd., a wholly owned subsidiary of Everest Re Group Ltd., announced the appointment of Tom Jackson as General Manager of its U.K.branch in London. “This operation writes treaty...
ACE European Group Set to Become Third Largest U.K.-Based P/C Insurer
Nov 9 2004 // ACE European Group Limited, the cornerstone of ACE’s London Market and European business, announced that it has received regulatory approval to transfer its Belgian based business into the U.K.-based...
Guy Carpenter Names Carrington to Lead U.K. Casualty Specialty Practice
Nov 3 2004 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced the appointment of George Carrington as Senior Vice President in Guy Carpenter’s U.K....
U.K. Asbestos Claims Could Top $36 Billion
Nov 2 2004 // A new study of asbestos related diseases in the U.K., as reported by the BBC, indicates that total claims could reach £20 billion ($36 billion) over the next 30 years. According to actuarial estimates, about half that...
U.K. Regulator Monitoring Spitzer Probe
Oct 19 2004 // The U.K.’s Financial Services Authority (FSA), which oversees Britain’s banks, insurers and financial service providers, is reportedly watching the unfolding of New York Attorney General Eliot Spitzer’s...
Best Assigns ‘A+’,’aa-‘ Ratings to Aviva Group
Oct 18 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “A+” (Superior) and an issuer credit rating of “aa-” to the core companies of the U.K.’s Aviva Group. Best also...
U.K. Insurance and Financial Services Conference Focused on Industry Image
Oct 4 2004 // The U.K.’s annual Insurance and Financial Services Conference, sponsored by the Chartered Insurance Institute (CII) and the Chartered Institute of Loss Adjusters (CILA), got underway Wednesday, Sept. 29. The...
S&P Affirms QBE Re (Europe) ‘A+’ Ratings
Sep 23 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A+” long-term counterparty credit and insurer financial strength ratings on Dublin-based non-life reinsurer QBE Reinsurance...
Best Announces Rating Actions on R&SA
Sep 13 2004 // A.M. Best Co. announced several rating actions concerning the U.K.-based insurance group Royal & Sun Alliance and its subsidiary companies. Best affirmed the financial strength rating of “A-” (Excellent)...
