Latest Uk Headlines

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

U.K. Lawmakers Call for Ban on Plastic Microbeads, Citing Dangers to Food Chain

Aug 24 2016 // U.K. lawmakers called for a ban on plastic microbeads used in products such as shaving gel, exfoliating scrubs and toothpaste, saying they are harming marine life and entering the food chain.In a report published...

Venture Capital, Traditional Insurer Interest in Insurtech Remains High

Aug 24 2016 // Even though venture capital investments in venture capital-backed financial technology (fintech) companies fell more than 50 percent globally during the second quarter of 2016, interest in insurance technology startups...

Formal Brexit Talks Likely to Be Triggered in April 2017: UK Officials

Aug 19 2016 // Prime Minister Theresa May’s team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.’s withdrawal from the European Union, according to two...

China’s Ping An Eyes Overseas Acquisitions, Including in Post-Brexit UK

Aug 18 2016 // Ping An Insurance Group Co. of China Ltd, the country’s second-largest insurer, is aiming for a possible fivefold increase in overseas investments and has not been put off Britain by its vote to leave the European...

UK Insurers Aviva and RSA Report Higher H1 Profits, Shrug Off Brexit Fallout

Aug 4 2016 // Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half profit and increasing shareholder payouts. The shares rallied in London trading.Aviva, the...

AXA H1 Net Income Rises 4% to $3.6B as L&H Earnings Offset Cat Losses

Aug 3 2016 // AXA SA, France’s biggest insurer, said first-half profit rose 4 percent as increased earnings from life and health insurance helped offset higher claims from natural catastrophes.Net income climbed to 3.2 billion...

Sports-Related Brain Injuries Are Emerging Risk for US & UK Insurers: S&P Report

Aug 1 2016 // Sports-related brain injuries are one of the top emerging insurance claims in the U.S. and the U.K., according to a report published by S&P Global Ratings.While the potential risk of such liability claims is rising...

Fosun Plans to Sell as Much as $6 Billion in Assets to Raise Credit Rating

Aug 1 2016 // Fosun Group, one of China’s most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk.After announcing more than...

AIG Offers Brexit Coverage in UK for Anxious Executives

Jul 29 2016 // American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the fateful British vote to pull out of the European Union.AIG division AIG UK will handle the...

Dublin Looks to Lure Financial Services Jobs from UK After Brexit Vote

Jul 27 2016 // Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month after Britons voted to...

How Brexit Raises Risk of Financial Instability for U.S.

Jul 26 2016 // The U.S. financial system faces greater potential instability due to Britain’s decision to leave the European Union while low and negative interest rates also raise risks, a U.S. government monitor said on Monday.In...

Amazon and UK Government Form Partnership to Test Drone Deliveries

Jul 26 2016 // Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use.Supervised by the U.K.’s...

UK Financial Services Firms ‘Will Retain’ EU Passporting Rights: Foreign Secretary

Jul 25 2016 // British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to retain the right for its financial firms to sell services across European Union member states after Britain’s exit from the bloc.Johnson,...

What Keeps D&Os Awake at Night? Coverage Concerns Rise

Jul 25 2016 // There are numerous emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns.“The worry of...

Beazley to Get EU Licenses for Irish Reinsurance Business – After Brexit Vote

Jul 22 2016 // Lloyd’s of London’s Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the...

Suit Seeks to Force UK PM to Consult Parliament Before Initiating Britain’s EU Exit

Jul 20 2016 // A lawsuit seeking to force Prime Minister Theresa May to consult parliament before beginning Britain’s exit from the European Union will be taken “very seriously” and may reach the Supreme Court by...

Jaguar Land Rover to Test Fleet of Autonomous Cars in England by 2020

Jul 13 2016 // Britain’s biggest carmaker Jaguar Land Rover said it will create a fleet of more than 100 research vehicles over the next four years to test autonomous and connected technology, with the first models to hit the...

New Prime Minister ‘Must Protect’ London’s Financial Center in Brexit Talks

Jul 12 2016 // Britain’s next Prime Minister Theresa May must find ways to protect London’s financial sector as the country negotiates its exit from the European Union, senior lawmaker Stephen Hammond said on Monday.May is...

QBE, Marsh Consider the Brexit-Effect

Jul 11 2016 // QBE Insurance Group announced last month that it will be reviewing its UK-based operations in light of the UK leaving the European Union.“The referendum outcome may require a revised approach in relation to...

Post-Brexit-Vote Property Panic Could Hit Bank, Insurer Investments

Jul 8 2016 // The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers.UK...