UK Financial Services Firms Fear Rise in Loan Defaults: CBI/PwC Survey January 12, 2023 By Tom Metcalf An increasing number of the UK’s financial services firms expect a rise in loan defaults in the next three months,...
Tory Peer-Linked Firm Supplied Unsafe Gowns During COVID, Health Department Alleges January 5, 2023 By Upmanyu Trivedi The controversial firm linked to a Tory peer supplied 25 million protective gowns that were unusable and failed safety tests...
Markets/Coverages: CNA Hardy Offers Enhanced Product Suite for UK Tech Businesses January 5, 2023 CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the latest addition to...
London Law Firms Face Reckoning in 2023 After Big Salary Hikes This Year December 28, 2022 By Irina Anghel London’s biggest law firms paid generously to secure the brightest young recruits they could this year. Meeting those salary pledges...
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 MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability December 19, 2022 Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which...
Markets/Coverages: QBE Europe Launches Warranty & Indemnity Product; Miller Launches D&O Product for UK Construction Sector December 16, 2022 QBE Europe Launches Warranty & Indemnity Product QBE announced the introduction of Warranty and Indemnity (W&I) insurance in Europe for...
City of London Workers Pushing for Cross-Border Remote Working: Survey December 15, 2022 By Leonard Kehnscherper Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible...
UK Non-Bank Institutions (Such as Insurers) Face 1st Stress Test After Pensions Turmoil December 13, 2022 By Huw Jones and David Milliken Investment funds and other non-bank financial institutions face their first “stress test” next year to apply lessons from the near-meltdown...
UK’s Post-Brexit Financial Services Reforms Fall Short of Promised ‘Big Bang’ December 12, 2022 The UK set out a package of financial services reforms that cuts across dozens of areas but fell short of...