Latest Uk Headlines

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

Jardine Lloyd Thompson Cuts Profit Forecast on Pension Changes, Strong Pound

Nov 3 2015 // Jardine Lloyd Thompson Group Plc lowered its expectations for 2015 profit after government pension changes hurt the insurance broker’s U.K. employee benefits business and the stronger pound cut income from overseas....

Hanover Q3 Profit Increases 42% to $78M

Oct 29 2015 // The Hanover Insurance Group Inc. reported $78.3 million net income for its 2015 third quarter, a 42.6 percent increase from $54.9 million net income reported a year earlier.The Worcester, Massachusetts-based insurer said...

Drugs Prices Much Higher in U.S. Than in Other Countries: Research

Oct 12 2015 // U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters.The finding underscores a transatlantic gulf between the...

Intellectual Property News: KitKat, Williams Sonoma, Whole Foods, Skechers, Segway, GoDaddy, Apple

Sep 18 2015 // This wrap-up of recent intellectual property cases covers chocolate bar shapes, cookware designs, sneaker similarities, Korean TV copyright device, Quizno’s commercials, personal transporter technology, Oscar award...

Xuber Survey Finds London Insurance Execs Fear ‘Brexit’

Sep 8 2015 // Xuber, Xchanging’s insurance software business, has published a survey, which concludes that almost three-quarters (71 percent) of insurance executives believe a UK exit from the European Union would be bad for...

Hanover Insurance Reports $120.7M Q2 Net Income

Jul 30 2015 // The Hanover Insurance Group Inc. in Worcester, Massachusetts, reported on July 29 net income of $120.7 million for its 2015 second quarter, up 46 percent from $82.6 million net income during last year’s second...

UK’s Aviva to Target $3.9B in Renewable Energy Investments

Jul 27 2015 // Aviva plc will target 2.5 billion pounds ($3.9 billion) of investments in renewables and energy efficiency over five years to cut exposure to climate risks.The company, which manages about 250 billion pounds of assets,...

Head of UK Financial Watchdog Resigns; Government Refuses to Extend Contract

Jul 17 2015 // The head of Britain’s financial watchdog is stepping down early in a move some industry watchers said was a sign the government wants to take a less confrontational stance towards banks.Sources familiar with the...

Green Bond Wave Ahead of Climate Change Conference in Paris?

Jun 4 2015 // This is the first of a two-part column on green bonds. The second installment will include interviews with Axa, QBE and Zurich.Ahead the United Nations Climate Change Conference in Paris in December, also called COP21 or...

‘Brexit’ a Major Political Risk for UK Insurers: ABI Chief Exec

Jun 3 2015 // The risk of a British exit [‘Brexit’] from the European Union is causing major political uncertainty for the insurance industry, the chief executive of the Association of British Insurers (ABI) said on...

Factbox: Lloyd’s Chief, Other Leaders Offer Views on Britain’s EU Referendum

May 29 2015 // Prime Minister David Cameron has pledged to renegotiate Britain’s ties with Europe and then give voters a referendum on European Union membership by the end of 2017. Following are the views of business...

Toward Sensible Risk Management of Earthquake Risk in Energy Production

May 11 2015 // Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.S. states since 2009.Heightened seismic activity...

U.K. Intermediaries Hyperion and R K Harrison Complete Merger

May 1 2015 // London-based intermediaries Hyperion Insurance Group Limited* and R K Harrison Holdings Limited (RKH) have completed the merger of their two businesses, following receipt of applicable regulatory and legal...

Compare.com CEO’s Vision for the Future – Right or Wrong

Apr 21 2015 // As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet.That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in...

ACE Appoints O’Halloran as Environmental Risk Underwriter, U.K. & Ireland

Apr 15 2015 // ACE Group today announced the appointment of Glenn O’Halloran as environmental risk underwriter as it continues to invest in building its environmental liability insurance capabilities in the U.K. and...

Allied World Appoints Evans Non-Executive Chairman of Lloyd’s Managing Agency

Apr 15 2015 // Allied World Assurance Company Holdings, AG announced that Jonathan Evans will join the board of directors and become the Non-Executive Chairman of Allied World Managing Agency Limited, its Lloyd’s managing agency,...

Hastings Weighs IPO as U.K. Car Insurer Gains Market Share

Apr 9 2015 // Hastings Insurance Group increased its customer base by 20 percent in 2014, boosting profitability and setting the U.K. car insurer on track for a potential initial public offering this year.Hastings, which generates 90...

A.M. Best: Insurers Must Consider Risks of U.K. Exit From European Union

Apr 8 2015 // Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position within the European Union...

ACE Launches Multinational Insurance Cover for U.K. & Ireland Customers

Apr 6 2015 // ACE Group has launched ACE Multinational Partner, an enhanced package of comprehensive property and casualty insurance cover spanning traditionally separate lines of business, for U.K. and Ireland based companies with one...

Towergate Gets U.K. Court Nod for Plan to Restructure $1.49 Billion Debt

Mar 30 2015 // Towergate Finance plc said it won court approval for its plan to restructure 1 billion pounds ($1.49 billion) of debt. The restructuring will be completed by early April, the U.K. insurance broker said in a statement...