Kidnapping—seizing and holding people for a money payment; wrongful detention—when someone’s held for political reasons, and all kinds of extortion...
United Kingdom News
CGNU and the U.K. government’s CDC Capital Partners, its emerging market investment agency (formerly the Commonwealth Development Corporation), announced the...
The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities...
Last October, Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation...
London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the...
Australian insurer QBE International Group Ltd.’s efforts to acquire the U.K.’s LIMIT Plc, a Lloyd’s underwriter, seem to be going...
Following an evaluation of the group’s worse-than-expected first quarter underwriting results and unfavorable operating trends, A.M. Best Co. downgraded the...
New Hampshire Insurance Co., a member of the AIG Group, announced that it would begin offering health care coverage in...
Unseasonably heavy rains over the weekend caused extensive flood damage in northeast England. “Almost 30 hours of continuous rain caused...
The British newspaper Sunday Business reported that U.K. insurer Royal & Sun Alliance was considering the sale of the 22...