All the headlines from our Uk Topic Page, ordered by recency.
Jan 29 2007 // Lloyd’s of London announced that Julian James, director-worldwide markets, will be leaving at the end of April to join Lockton International. He has been responsible for all Lloyd’s commercial activities...
Jan 28 2007 // New York Sens. Hillary Clinton and Charles Schumer, along with New York City Mayor Michael Bloomberg, have expressed concerns that the deal may leave Royal Indemnity unable to meet its obligations.A proposed management...
Jan 22 2007 // A proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations could leave policyholders in jeopardy, according to critics trying to halt the deal that is before...
Dec 24 2006 // JANUARYHallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Dec 21 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company, the main operating company of...
Dec 14 2006 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Guardian General Insurance Limited (GGIL) and its wholly owned subsidiary, N.E.M. (West Indies) Insurance Limited (NEMWIL) with a...
Nov 13 2006 // A decision by Justice Langley, of the High Court in London, has dismissed a class-action lawsuit brought by Lloyd’s “Names”, individual investors, against the British government for the financial losses...
Nov 10 2006 // The Association of British Insurers (ABI) has issued a new report that warns of the dangers of increased flooding in Eastern England. Among other findings, the report, which was compiled using data supplied by Calif.-based...
Nov 3 2006 // Chicago-based Aon Corp. recently announced proposed changes to its U.S. and U.K. defined benefit pension plans to maintain competitive retirement benefits for its employees while reducing future pension costs, according to...
Nov 1 2006 // Zurich Financial Services Group has appointed Guy Munnoch, 54, to the position of Chief Executive Officer (CEO), General Insurance in the United Kingdom, effective January 1, 2007. In this role he will report to Dieter...
Oct 23 2006 // OneBeacon, QBEOneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for...
Oct 23 2006 // OneBeacon, QBEOneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a division of QBE Insurance Group Ltd., for approximately $32...
Oct 9 2006 // Safeco moves to New York Stock Exchange, to Lay off 240Seattle-based Safeco intends to list its common stock on the New York Stock Exchange (NYSE). Safeco anticipates the trading of its common stock to commence on the NYSE...
Oct 4 2006 // John Tiner, the head of the U.K.’s Financial Services Authority, warned U.K. brokers that, unless the market comes up with a solution on the issue of disclosing brokers’ commissions, the FSA would be...
Oct 1 2006 // Britain’s Royal & Sun Alliance Insurance Group PLC said last week it will sell its U.S. operations to management for 158 million pounds ($298.9 million) and cancel the company’s listing on the New York...
Sep 8 2006 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of U.K.-based Markel International Insurance Company Limited (MIICL) with a stable...
Sep 5 2006 // Dublin-based consultants Research and Markets has produced a report, “Five Factors That Will Shape the Future of UK General Insurance,” which “provides five key predictions for the state of the UK general...
Sep 4 2006 // American International Group Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster Jr. who had filled that role on a temporary basis since year-end 2005, and earlier had...
Aug 30 2006 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of International Insurance Company of Hannover Limited (Inter Hannover), the U.K.-based subsidiary of Germany’s Hannover Re....
Aug 28 2006 // Dublin-based Research and Markets has added a U.K. “General Insurance Market Assessment 2006” to their offering. The report examines the state of general insurance in the retail market in the UK in 2006. It...