Latest Uk Headlines

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

Greenhouse Funds Gloom Hangs over G20 Climate Talks

Mar 14 2008 // Rich nations must come up with billions in new money to help poor countries fight global warming and not just repackage development aid to score diplomatic points, environmentalists at a meeting of top polluters said on...

Calif. Pet Insurer Notes UK Growth

Mar 11 2008 // Santa Ana, Calif.- based ensurApet, Inc. has issued a bulletin, which notes that “health insurance for pets in the United Kingdom is growing at a record rate.” CEO, Russell Smith stated: “According to...

British Bankers Plead Guilty to Wire Fraud in Enron Case

Nov 30 2007 // Three British bankers who were set to go to trial in Houston, Texas, for their roles in a fraudulent scheme with former Enron Chief Financial Officer Andrew Fastow changed their pleas to guilty.David Bermingham, Giles...

Ratings Report: Catlin

Nov 28 2007 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” of Catlin Underwriting (CU) (formerly Wellington Underwriting Plc prior to its acquisition by Catlin Group Limited). Best also affirmed the...

S&P Reports Ratings Gap ‘Narrowing’ between Middle East & UK Insurers

Nov 16 2007 // Standard & Poor’s Ratings Services has published “How Middle East Non-Life Insurers Are Developing From A Rating Perspective: A Comparison With The U.K..” S&P initially stated: “Middle...

Survey Reports Drop in New Lawsuits, Actions Filed Against U.S. Companies

Oct 15 2007 // It may be too early to say that conflict has become passé, but U.S. businesses report a distinct drop in the number of lawsuits filed against them in the past year, according to the latest Litigation Trends Survey...

Risk Modeler Says Repeat of 1987 Windstorm Could Cost $14 Billion

Oct 15 2007 // Risk Management Solutions (RMS) has released an impact study of the potential losses from a windstorm of the force and velocity of the one that hit Southern England and Northern France in 1987, if it occurred today.The...

U.S. excess and surplus lines market attracts international attention

Sep 24 2007 // The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct...

Fla. CFO to Visit U.K. to Discuss Climate Effects on Insurance

Sep 7 2007 // Keith Allan, Her Majesty’s Consul General of Miami, invited Florida Chief Financial Officer Alex Sink to meet with British leaders in London in early November.Sink will meet with experts at the London School of...

RMS: U.K. Summer Floods Could Cost Insurers £2.25 Billion

Jul 30 2007 // The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS).Insured losses from the July...

Britain’s Pearl Insurance Moves to Block Resolution-Friends Merger

Jul 30 2007 // Pearl Insurance indicated last Friday it was preparing to spoil rival British insurance company Resolution PLC’s acquisition of Friends Provident PLC.Pearl announced that it has increased its stake in Resolution to...

Willis Index Shows Soft Market in U.K. for Financial and Professional Lines

Jul 17 2007 // Rates continued to decrease in the second quarter of 2007 across all financial, executive and professional lines of insurance, according to a survey of London market insurers by Willis Group Holdings (NYSE: WSH), the...

People and Places

Jul 2 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his...

People

Jul 2 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his...

Rain Batters Britain

Jun 26 2007 // Rainstorms battered Britain on Monday, killing one man who became trapped in a flooded manhole, rescue workers said.The storm was expected to dump as much as three inches (75 millimeters) of rain on a country already soggy...

EU High Court Upholds Britain’s Workplace Safety Law

Jun 15 2007 // The European Court of Justice has upheld Britain’s workplace safety law, dismissing a legal claim by the European Commission that it violated EU rules. Under EU law, employers must ensure a safe and healthy workplace...

People and Places

Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...

People

Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...

Study: Financial Executives Expect Business Risks to Persist, Intensify

May 18 2007 // Financial executives at the world’s largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the “Managing Business Risk Through...

GMAC Insurance to Buy U.K. Auto Insurer Provident Financial

May 9 2007 // GMAC Insurance, the insurance business of GMAC Financial Services, has agreed to acquire Provident Insurance, the United Kingdom-based auto insurance division of Provident Financial PLC.The acquisition will complement...