UK Businesses Face Risk of Underinsurance as Construction Costs Reach Record Highs March 21, 2023 Continuing high levels of inflation in construction costs in the UK and globally, risk leaving homes and businesses underinsured in...
UK Builders Face Ban Unless They Commit to Repairing Unsafe Cladding March 15, 2023 By Marion Dakers Eleven property developers could be barred from the industry unless they sign a UK government contract to repair unsafe cladding...
Investors Aviva, M&G Urge Britain to Press Ahead With Financial Reforms March 9, 2023 By Iain Withers and Sinchita Mitra Investors Aviva and M&G on Thursday joined calls for Britain to press ahead with financial reforms and give high-growth sectors...
Update: Britain Says Financial Reforms Will Be in Same ‘Orbit’ as EU, U.S. March 9, 2023 By Huw Jones Britain’s revamped financial market rules will largely be aligned with U.S. and European Union regulations to minimize disruption to global...
Markets/Coverages: Verlingue Launches Dedicated Media Practice in UK March 7, 2023 Verlingue Ltd., the UK chartered insurance broker, has established a dedicated media practice under plans to expand its presence in...
BOE’s Bailey Says UK’s Reforms of Insurance Capital Rules Increase Failure Risk by 20% March 7, 2023 By Tom Metcalf The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules...
Post-Brexit Insurance Reform Expected Before December: BoE’s Woods February 21, 2023 By Huw Jones The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a...
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...
Lloyd’s to Pay Some Staff £1,500 in Latest Cost-of-Living Aid February 1, 2023 By Irina Anghel Lloyd’s of London will hand some staff an extra £1,500 ($1,850) to cover rising living costs as inflation persists into...
British Motor Insurer Direct Line’s CEO James Steps Down January 27, 2023 Direct Line Insurance Group’s chief executive of nearly four years, Penny James, will step down with immediate effect after the...