Latest Uk Headlines

All the headlines from our Uk Topic Page, ordered by recency.

Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap

Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...

Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes

Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS).The impact of business interruption (which includes...

Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million

Jan 22 2019 // EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick Airport in December, the budget airline said on Tuesday, adding it should serve as a...

PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions

Jan 22 2019 // British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish...

AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ

Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland.XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group, providing...

What’s Next for Brexit After UK Parliament Rejects May’s EU Divorce Deal?

Jan 18 2019 // Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t...

Brexit Update: City of London Prepares for Worst, Hopes for Best

Jan 17 2019 // Dismay, confusion, relief — and hope.The City of London had a range of reactions to the U.K. Parliament’s overwhelming rejection Tuesday night of Prime Minister Theresa May’s blueprint for quitting the...

Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey

Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS).The impact of business interruption (which includes...

UK-EU Divorce in Disarray with Just 10 Weeks to Go Before Brexit Leave Date

Jan 16 2019 // Prime Minister Theresa May was trying to forge consensus in parliament on a Brexit divorce agreement on Wednesday after the crushing defeat of her own deal left Britain’s exit from the European Union in disarray 10...

May’s Brexit Deal Rejected by Parliament in Landslide Vote

Jan 15 2019 // Prime Minister Theresa May’s Brexit deal was rejected by Parliament in a humiliating defeat, her plan for leaving the European Union all but dead. She now faces a confidence vote in her government.The House of...

UK Prime Minister’s Brexit Deal Faces Crushing Parliamentary Defeat

Jan 15 2019 // Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears. The battle...

Uncertainty over Brexit Takes Toll on UK Financial Services Sector: Survey

Jan 14 2019 // Uncertainty over Brexit and the economy have led demand for Britain’s financial services to shrink for the first time in five years, with no immediate sign of an improvement, a survey by business group CBI and PwC...

EU Lawmakers Seek to Beef Up Financial Services Protections Ahead of Brexit

Jan 10 2019 // The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc’s reliance on Britain’s financial...

If Brexit Deal Is Rejected, UK Would Enter Uncharted Territory: PM May

Jan 7 2019 // Prime Minister Theresa May said on Sunday [Jan. 6] that Britain would be in uncharted territory if her Brexit deal is rejected by parliament later this month, despite little sign that she has won over skeptical...

U.S. Signs Agreement with UK on Post-Brexit Insurance Regulation

Jan 7 2019 // The U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after Britain exits the European Union.The agreement is similar to one...

UK Prime Minister’s Party Opposes Brexit Deal, as Uncertainty Hits Economy

Jan 4 2019 // British Prime Minister Theresa May’s bid to push her Brexit plans through parliament was dealt another blow on Friday when a survey showed most of her own party’s members oppose the agreement and would prefer...

Chubb European Group Completes Redomicile to France in Preparation for Brexit

Jan 2 2019 // Chubb European Group announced it has redomiciled its businesses from London to France, effective Jan. 1, consistent with its previously announced Brexit preparations.The move, which was approved by regulators in July...

3 Men Convicted in Britain of Murder During Insurance Fraud

Dec 31 2018 // Three men in Britain have been found guilty of murdering five people in an explosion as part of a plot to claim over 300,000 pounds ($380,000) from an insurance policy. Arkan Ali, Hawkar Hassan and Aram Kurd were convicted...

Obstacles to May’s Brexit Deal Can Be Overcome with EU Clarification: UK Minister

Dec 28 2018 // Prime Minister Theresa May’s Brexit deal can be passed by the British parliament if the European Union provides clarification that the Northern Irish “backstop” will be temporary, foreign minister Jeremy...

Uber Pledges to Fight UK Court Decision that Drivers Should Be Treated as Workers

Dec 27 2018 // Uber pledged [on Dec. 19] to challenge a U.K. Court of Appeal decision that drivers should be classed as workers rather than self-employed employees, a verdict that has potentially wide-ranging implications for the rapidly...