UK Bans Chinese-Owned TikTok on Government Phones on Security Concerns March 17, 2023 By Muvija M and Kylie MacLellan Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western...
Britain Lifts Ban on Gas Fracking in England in Push for Energy Independence September 22, 2022 By Paul Sandle, Muvija M and Susanna Twidale Britain on Thursday formally lifted a moratorium on fracking for shale gas in England that has been in place since...
Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph February 18, 2022 By Paul Sandle and Muvija M An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing...
Insurer Hiscox Sets Aside $150M for Hurricane Ida, European Flood Losses November 2, 2021 By Muvija M and Carolyn Cohn Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said,...
Hiscox Cites Loss on COVID, BI Dispute ‘Brand Damage’; Will Alter Liability, Cyber Books March 3, 2021 By Muvija M British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19...
UK Data Protection Watchdog Slaps Biggest-Ever Fine on British Airways October 19, 2020 By Muvija M Britain’s data protection watchdog said on Friday it has fined British Airways 20 million pounds – its biggest such penalty...
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown August 4, 2020 By Muvija M Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump...
Insurer Hiscox Reserves $232 Million for Coronavirus-Related Claims in First Half August 3, 2020 By Muvija M and Carolyn Cohn Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the...
Lloyd’s Insurer Beazley Reports 1st Half Loss of $13.8M on Mounting COVID-19 Claims July 23, 2020 By Muvija M British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...