UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report July 6, 2022 By Sarah Muller Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer...
UK Home Insurer Policy Expert Considers £1 Billion Sale June 28, 2022 By Dinesh Nair UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2...
UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers June 23, 2022 By Huw Jones Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European...
UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation June 16, 2022 By Huw Jones Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules...
UK Pubs Group Sues Zurich, Liberty Mutual, MS Amlin for $1.2B Over COVID BI Losses June 13, 2022 By Kirstin Ridley and Carolyn Cohn Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over...
Insurers Must Be Better Prepared for Impact of Climate Change: BoE June 8, 2022 By Carolyn Cohn and Huw Jones Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and...
Insurers, Banks Must Take Climate Action or Face Profit Hit, Higher Capital Charges: BOE May 24, 2022 By Huw Jones and Andy Bruce LONDON – Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to...
Rise of Remote Work to Define Future of City of London May 18, 2022 By Tom Metcalf More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the...
UK’s Terrorism Reinsurer Pool Re to Reduce Reinsurance Pricing for Insurers May 10, 2022 Pool Re, Britain’s leading terrorism reinsurer, announced the most significant reduction in its reinsurance pricing in 20 years. The reduction,...
Britain Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation May 10, 2022 By Huw Jones Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial...