Cyber Risk Modeler DeNexus Opens UK Office November 22, 2022 DeNexus Inc., the Sausalito, Calif.-based provider of cyber risk modeling, has opened an office in London as part of its...
UK Government Pushes Forward With Long-Awaited Insurer Reforms November 18, 2022 By Katherine Griffiths and William Shaw After years of fraught debate between regulators, insurers and the Treasury, Jeremy Hunt confirmed Thursday that the government would push...
UK Insurers Provide Test Case for Post-Brexit ‘Unshackling’ From EU Capital Rules November 17, 2022 By Huw Jones and Carolyn Cohn The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK...
Bank of England Chief Questions Government Plan for Post-Brexit Financial Rules November 17, 2022 Bank of England Governor Andrew Bailey took the British government to task on Wednesday over its plan to give itself...
UK Government in Advanced Talks With Regulators on Insurance Capital Reforms November 16, 2022 By Katherine Griffiths The UK government is close to an agreement with regulators over insurance capital reforms intended to release billions of pounds...
UK Government Rushes to Outline Proposed Power to Overrule Financial Regulators November 14, 2022 By Katherine Griffiths The UK government is rushing to outline a proposed power to overrule the City of London’s financial regulators, as it...
Half a Million UK Workers Drop Out of Workforce Citing Long-Term Illness, Mental Health Problems November 14, 2022 By Suban Abdulla The number of people who have dropped out of Britain’s job market since 2019 and who now cite a long-term...
Tech Update: Canopius to Launch Tech and Data Hub in UK November 3, 2022 Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK....
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Financial Services Executives Toast City of London’s Prospects Under PM Sunak October 31, 2022 By Katherine Griffiths and Joe Mayes When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they...