UK Insurers Call for Rule Change to Establish Captive Insurance Regime August 19, 2024 By Katherine Griffiths Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth...
UK Financial Services’ Firms Caught in Crossfire of Labour-Tory Business Battle October 10, 2023 By Katherine Griffiths and Joe Mayes Britain’s Labour party has held back the launch of a new business council after senior Conservatives intervened with financial services...
Ardonagh Sells £1.2 Billion Insurance Unit to UK Insurer Markerstudy September 15, 2023 By Katherine Griffiths The Ardonagh Group is selling its personal insurance business in a deal that will give Chief Executive Officer David Ross...
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms February 10, 2023 By Katherine Griffiths The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121...
UK Parliament Seeks Power to Scrutinize Financial Services Regulators January 25, 2023 By Katherine Griffiths Britain’s financial regulators would face more scrutiny over their policies for consumers and the economy from Parliament under proposals from...
UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed January 23, 2023 By Katherine Griffiths Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations...
UK Insurers, Banks Hope for Substantive Financial Services Reforms in 2023 December 22, 2022 By Katherine Griffiths After a jarring six months marked by sweeping policy promises, U-turns and four Chancellors of the Exchequer, UK financiers head...
UK Government Pushes Forward With Long-Awaited Insurer Reforms November 18, 2022 By Katherine Griffiths and William Shaw After years of fraught debate between regulators, insurers and the Treasury, Jeremy Hunt confirmed Thursday that the government would push...
UK Government in Advanced Talks With Regulators on Insurance Capital Reforms November 16, 2022 By Katherine Griffiths The UK government is close to an agreement with regulators over insurance capital reforms intended to release billions of pounds...
UK Government Rushes to Outline Proposed Power to Overrule Financial Regulators November 14, 2022 By Katherine Griffiths The UK government is rushing to outline a proposed power to overrule the City of London’s financial regulators, as it...