Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...
Investigators Confirm Passenger Train in Scotland Hit Landslide Before Derailment August 17, 2020 A passenger train hit a landslide before derailing in Scotland [on Wednesday, Aug. 12], killing three people, UK rail investigators...
UK Suffers Worst Train Crash Since 2004 After Derailment Kills Three People August 13, 2020 By Alastair Reed and Christopher Jasper Britain suffered its worst train crash in more than 15 years after a derailment in Scotland killed three people, including...
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown August 4, 2020 By Muvija M Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump...
UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims August 4, 2020 Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
COVID-19 Will Drive Demand in UK for Bike Insurance: GlobalData August 3, 2020 Bicycle insurance is not a popular product in the UK – but that could be about to change, said GlobalData,...
London Expects Only Half of Bankers to Return to Their Offices by Year-End July 30, 2020 By Huw Jones London’s normally buzzing financial districts will still be a pale shadow by the end of the year, as banks plan...
AXA XL Announces Leadership Team for UK & Lloyd’s Region July 27, 2020 AXA XL announced the new leadership team for its UK & Lloyd’s region. Effective immediately, the appointments are part of...
UK Insurtech Startup battleface Offers COVID-19 Travel Insurance Package July 21, 2020 Travel insurance provider battleface announced a new COVID-19 travel insurance package. The new policy will give travelers the peace of...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...