British Motor Insurers’ Shares Fall Sharply as Direct Line Scraps Dividend January 11, 2023 By Carolyn Cohn Shares in Direct Line lost more than a quarter of their value on Wednesday after the British motor and home...
Admiral Sees Cost of Motor Claims Running High in Britain and U.S. August 10, 2022 By Carolyn Cohn and Huw Jones The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said...
Takeaways from Our ‘What Makes a Good Cannabis Broker?’ Conversation September 2, 2021 By Don Jergler A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter...
UK Auto Insurer Admiral Reinstates Special Dividend as Claims Drop During Lockdown August 12, 2020 Insurer Admiral reinstated its special dividend on Wednesday as it reported a jump in first-half earnings, the latest car insurer...
British Insurers Suspend Sale of Travel Insurance to New Customers March 16, 2020 British insurers Admiral, Aviva and Direct Line are no longer offering travel insurance to new customers, they said on their...
UK to Alter ‘Ogden Rate’ Used to Calculate Personal Injury Payments September 7, 2017 Britain plans to alter the rate used to calculate upfront personal injury payments, the Ministry of Justice said on Thursday,...
More UK Insurers Consider Move to Ireland for Europe HQs: Central Bank December 15, 2016 By Padraic Halpin A growing number of global insurers are considering moving to Ireland and some may choose to locate European headquarters there...
AIG May Move Europe HQ from London to Another EU Country on Brexit November 22, 2016 By Huw Jones and Carolyn Cohn U.S. insurer AIG may move its European headquarters from London to another European Union country because of Britain’s vote to...
Brexit Vote Prompts Inquiries from Insurers Weighing Opening Offices in Dublin August 30, 2016 By John O'Donnell and Padraic Halpin Ireland says the Brexit vote has led to a jump in inquiries from London firms considering opening offices in Dublin,...
Britain Raises Insurance Premium Tax to 10% to Fund Flood Defenses March 16, 2016 Britain’s finance minister George Osborne said on Wednesday he would raise the tax on motor and home insurance premiums by...