Latest Uk Headlines

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

Capital Rules Eased for UK Banks, Insurers in Wake of Brexit Vote

Jul 5 2016 // Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave the European Union have started to crystallize.“There is the prospect of a material slowing...

Bermuda Market Associations Allay Fears of Brexit Contagion

Jul 1 2016 // Four leaders of Bermuda market groups quickly issued statements last week to allay any fears that the fallout from the UK’s Brexit vote would hit their market as well.“In a global economy, Bermuda is affected,...

London Re/Insurance Market Will Weather Brexit Storm: Execs

Jul 1 2016 // Brexit has created great uncertainty for the UK, the European Union and perhaps the world. Pretty much everyone agrees on that. But there is less agreement about how an EU exit will affect London’s financial...

Post-Brexit Market Rout Deepens UK Corporate Pension Deficits

Jul 1 2016 // Record low gilt yields following Britain’s vote to leave the European Union are deepening UK pension deficits, worsening a headache for domestic companies which may be called upon to help fill the gap.Several years...

Legal Expert Assesses 4 Scenarios to Put Brakes on Brexit

Jun 30 2016 // As continental powers pressure a nervous Britain to formally apply to exit the European Union, die-hard “remain” supporters are taking on the mission to put the brakes on the so-called Brexit.The challenge is...

Brexit, Climate Change and Clean Air

Jun 30 2016 // What does the Brexit portend for all those collaborative efforts undertaken by the European Union to battle climate change?It’s a question a number of people were pondering – in Europe and in the U.S. – after...

Willis Towers Watson CEO Haley Sees ‘Upside’ to Brexit

Jun 30 2016 // John Haley, who merged his U.S. consulting firm with an insurance broker this year to form London-based Willis Towers Watson Plc, said the company is well-equipped to deal with disruption from U.K. voters’ decision...

European Insurers Look to Hoarding Cash After Brexit Vote

Jun 29 2016 // Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s...

China’s Fosun Looks at UK, Europe Investments on Brexit Volatility

Jun 29 2016 // Fosun Group, China’s biggest private conglomerate, will look for more opportunities in the United Kingdom and Europe in the volatile wake of Britain’s referendum vote to leave the European Union, the...

S&P and Fitch Chop Britain’s ‘AAA’ Rating After Brexit Vote

Jun 28 2016 // Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week’s vote to leave the European Union would hurt its...

QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios

Jun 28 2016 // QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote in the UK to leave the European Union.“The referendum outcome may require a revised...

Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength

Jun 28 2016 // Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors.New European capital...

Brexit or ‘Regrexit’? That Is Still the Question…

Jun 27 2016 // To leave, or not to leave: that is the question. Still.After Britain’s historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will. Prime Minister...

Re/Insurance Business Leaders Begin to Comment on Post-Brexit World

Jun 24 2016 // The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin.No one knows how long it will take for the UK to untangle...

Update: Britain Votes to Leave EU; Prime Minister Cameron Resigns

Jun 24 2016 // Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two.Global financial markets...

World Awaits Outcome of UK’s EU Referendum

Jun 23 2016 // Britons were voting on Thursday on whether to stay in the European Union in a referendum that could change the face of Europe and is being nervously watched by financial markets and politicians across the world.A British...

Factbox: Weighing Value of Financial Services in UK Economy on Day of Brexit Vote

Jun 23 2016 // Britain, Europe’s biggest financial hub, votes today on whether to stay in or leave the European Union.The country’s financial and professional services industries are considered as the most vulnerable to an...

Brexit Would Create Extra Burden for Reinsurers, Caution CEOs

Jun 22 2016 // While insurers and reinsurers will be able to deal with the aftermath of an exit of the U.K. from the European Union, the time and cost involved are unwelcome intrusions to the business, executives suggested here.Plan B...

AXA Awaits Result of Brexit Vote Before Building London’s Tallest Tower

Jun 21 2016 // AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London.“We have not launched the...

‘Brexit’ Would Damage UK’s Leadership Position in Insurance: Aon

Jun 21 2016 // Aon Plc Chief Executive Officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said the U.K.’s centuries-long leadership in the industry would be damaged if voters choose to leave...