UK Insurers Face Looming Brexit Deadline to Move Contracts with EU Clients August 30, 2017 By Huw Jones and Carolyn Cohn Insurers in Britain face crunchtime within weeks if the government and the European Union do not allow millions of cross-border...
Post-Brexit Implementation Period ‘Desirable’ for UK, EU Firms: Bank of England August 9, 2017 By Huw Jones The Bank of England said a transition period after the Britain leaves the European Union would give banks more time...
UK Faces Future of Record-Breaking Wet Winters, Floods: New Climate Models July 24, 2017 By Jessica Shankleman Britain faces a future of record-breaking wet winters, potentially leading to more of the widespread flooding seen in recent years,...
Brexit Deal Must Protect Insurance Sector’s Benefits to UK Economy: ABI July 13, 2017 The insurance and long-term savings sector is one of the UK’s most productive industries, adding more than £40 billion (US$51.5...
ABI Warned About Risks of Modern Building Materials Before Grenfell Tower Fire June 27, 2017 By L.S. Howard “External cladding, made from combustible material can often cause significant fire spread upwards and between buildings, which is a particular...
UK Insurer Ageas Uses Artificial Intelligence to Manage Motor Claims May 19, 2017 UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with...
Trade Credit Insurers Paid UK Claims of $4.9M Each Week in 2016: ABI April 7, 2017 Trade credit insurers paid claims to UK businesses in 2016, amounting to more than £4 million ($4.9 million) a week,...
UK Motor Insurance Premiums Reach Record Levels in Q4 2016: ABI February 3, 2017 UK motor insurance premiums hit their highest recorded levels in the fourth quarter of 2016 and rose more than five...
Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report January 20, 2017 By L.S. Howard The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers,...
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...