All the headlines from our Uk Topic Page, ordered by recency.
Jan 8 2016 // U.K. Financial Conduct Authority’s acting top executive withdrew from the race to take the role permanently after manning the post following the government’s ouster of the last head.Chief Executive Officer...
Jan 7 2016 // Confidence among U.K. services firms slid to a three-year low last month as the risk of Britain exiting the European Union weighed on executives’ minds.The drop in sentiment was reported by Markit Economics in its...
Jan 6 2016 // XL Catlin announced it has made a series of promotions in its energy team, which complete its U.K. and Ireland team of business leaders.Stephen Hawkins has been promoted to global product head for upstream energy, while...
Jan 6 2016 // JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the event of Britain voting to leave the European Union.Financial services would feel the “negative...
Jan 5 2016 // Flooding in the final month of 2015 will put pressure on the earnings of U.K. property insurers, according to a briefing published by A.M. Best.Initial estimates of combined insured losses from Storm Desmond, which hit the...
Jan 4 2016 // The majority of big British businesses that favor Britain remaining in the European Union has dwindled over the last six months, according to a quarterly survey of chief financial officers published on Monday.Accountancy...
Dec 31 2015 // ACE Group has launched ACE Renewable Energy Environmental Protection, a dedicated environmental policy for companies in the renewable energy industry in the U.K. and Ireland.ACE Renewable Energy Environmental Protection...
Dec 30 2015 // Torrential rain and gale force winds battered northern Britain on Wednesday, cutting power to thousands of homes and forcing some to evacuate flooded streets in the third major storm in a month.The Environment Agency said...
Dec 29 2015 // Insurers are facing some of the costliest British floods on record as large parts of northern England, already inundated, brace for more heavy rain.Accountants estimate that insurers are currently facing a bill of up to...
Dec 18 2015 // U.K. insurers have invested at least £3 billion ($4.5 billion) to be compliant with new European Union capital rules, known as Solvency II, that come into effect next month, according to an industry lobby group. More than...
Nov 25 2015 // CNA Hardy* has further expanded its regional presence with the opening of its fifth U.K. office, in Birmingham, England. This marks the second U.K. office opening in 2015 for the London-based subsidiary of CNA Financial.In...
Nov 24 2015 // ACE Ltd. announced members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s Overseas General Insurance division, which includes Austria, Belgium, Czech Republic, Denmark,...
Nov 23 2015 // Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.*The fourth...
Nov 23 2015 // Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business...
Nov 20 2015 // Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued by the Bank of England on Friday.New European Union rules will...
Nov 19 2015 // Zurich Insurance has announced several changes to the executive line up of its U.K. General Insurance business.The appointments are as follows: Karl Helgesen was named U.K. chief claims officer, effective December 2015, as...
Nov 19 2015 // Warren Buffett’s favored banker, Byron Trott, is planning to expand his investment and financial advisory firm BDT Capital Partners in Europe with a London office to attract billionaire clients, sources familiar with...
Nov 17 2015 // Chancellor of the Exchequer George Osborne announced he’ll double funding to strengthen the U.K.’s cyber defenses, while refusing to confirm that budget cuts to be announced next week would spare...
Nov 17 2015 // Barney, the second storm to be named by the U.K. Met Office this season, was expected to bring additional rain and damaging winds to the United Kingdom, according to a report issued by AccuWeather.“Barney will be a...
Nov 9 2015 // Zurich Insurance Group AG plans to cut 440 jobs at its U.K. general insurance unit as part of a cost- cutting program.Zurich is also seeking to simplify its organizational structure, the company said in a statement to...