Insurers Win Key Parts of Stonegate COVID-19 Business Interruption Case: MS Amlin October 17, 2022 By Carolyn Cohn and Kirstin Ridley Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s...
UK Market Turmoil Threatens Plans for Post-Brexit Reforms for Insurers October 6, 2022 By Katherine Griffiths Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s...
UK Bond Market Crash Takes Shine Off Plans to ‘Unshackle’ City of London October 4, 2022 By Huw Jones Britain’s new Prime Minister Liz Truss promised to “unshackle” the City of London to fuel growth, but crashing the bond...
Insurtech Lemonade Launches in UK October 3, 2022 Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous...
UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living September 29, 2022 By Huw Jones Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
Acrisure Buys UK Broker CRK Commercial Insurance Services Ltd. September 28, 2022 Acrisure, the fintech company that operates a top-10 global insurance broker, announced it had acquired CRK Commercial Insurance Services Ltd.,...
Cyber MGA Resilience Launches UK Operation September 28, 2022 Resilience, the San Francisco-based cyber managing general agent, has launched an operation in London to serve the UK market. In...
Bank of England Won’t Take ‘Risky Bets’ to Boost City of London’s Competitiveness September 27, 2022 By Huw Jones The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on...
Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire September 21, 2022 Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell...
Lloyd’s of London to Pay Some Staff £2,500 Cost-of-Living Bonus September 8, 2022 By Benjamin Robertson and Will Louch Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs...