All the headlines from our Uk Topic Page, ordered by recency.
May 16 2001 // Enriched by the $600 million it received as a break up fee from AIG-American General, Britain’s Prudential plc is still looking for opportunities to expand in the U.S. market, but it’s not alone. According to...
May 11 2001 // The British Government and the country’s insurance industry have agreed to set up a fund to pay the asbestos related claims of Scottish shipyard workers, whose claims payments were threatened when Chester Street...
May 3 2001 // The British government’s Human Genetics Commission called for a three-year ban on the use by insurers of genetic test results in screening applicants for insurance. The proposed period is a year longer than a...
Apr 30 2001 // Of the six new brokers admitted to Lloyd’s select fraternity five are based outside of the U.K., marking the first time that the venerable institution has given foreign brokers direct access to the Lloyd’s...
Apr 23 2001 // Parts of Europe continue to be ravaged by two devastating livestock diseases: foot-and-mouth disease (FMD), or hoof-and-mouth; and bovine spongiform encephalopathy (BSE), also known as “mad cow” disease. In the...
Apr 20 2001 // Parts of Europe continue to be ravaged by two devastating livestock diseases: foot-and-mouth disease (FMD), or hoof-and-mouth; and bovine spongiform encephalopathy (BSE), also known as “mad cow” disease. In the...
Apr 19 2001 // Following a larger than expected 5.5 percent drop in profits, Anglo-Swiss insurer Zurich Financial Services announced plans to reduce its operations in the U.K. with the elimination of 550 jobs. Most employees, however,...
Apr 18 2001 // According to an article in Britain’s Independent on Sunday there are over 20 million gardeners in the U.K. and they spent £3.35 ($4.86 billion) last year on fertilizers, plants, decorative items and other products...
Apr 4 2001 // The dispute between Britain’s insurance industry and the government over the right to conduct and use genetic tests in assessing insurability and premium levels took a new turn on Wednesday when Parliament’s...
Mar 19 2001 // Last January Prudential plc Chief Executive Jonathan Bloomer indicated he was still looking for opportunities in the U.S. The search culminated March 12 in Houston with the announcement that Britain’s venerable...
Mar 12 2001 // In the biggest insurance industry merger ever, Prudential Plc, Britain’s largest life insurer, has agreed on merger plans with Houston-based American General Corp. The combination would create the world’s sixth...
Feb 28 2001 // Legal & General, the U.K.’s 3rd largest life and pensions group, posted a 15 percent increase in pretax operating profits to £479 million ($692 million) for the year 2000, substantially above...
Feb 28 2001 // Farmers in Britain and continental Europe are facing extremely serious consequences following the outbreak of the highly contagious foot-and-mouth disease in the U.K. Herds of cattle, sheep and pigs have been slaughtered...
Feb 26 2001 // Despite last week’s announcement by CGNU, the U.K. ‘s largest insurer, that net operating profit would be affected by damage claims from November’s storms, analysts expect Legal & General and Royal...
Feb 15 2001 // A.M. Best Co. has placed the A (Excellent) rating of Independent Insurance Co. Ltd. under review with developing implications. The rating action reflects the release of a trading statement on Feb. 8 in which the company...
Jan 19 2001 // Britain’s Royal & Sun Alliance announced that loss estimates for the fourth quarter of 2000 are between £180 million ($267.5 million) and £200 million ($297 million) almost doubling the previous...
Jan 17 2001 // Standard & Poor’s international rating service quickly reaffirmed Barclays Bank’s “AA/Stable/A-I+” rating and life and pension insurer L&G’s ratings, “in the...
Jan 8 2001 // According to London’s Financial Times, Dutch financial services and insurance giant ING is reportedly ready to sell its U.K. based stockbrokerage unit, Williams de Broe, to Belgium’s Artesia Banking Corp. for...
Jan 2 2001 // Rain snow and arctic weather hit the British Isles over the New Year’s weekend, causing some damage, snarling transport, and leading to the cancellation of many planned celebrations. U.K. insurers anticipate a number...
Nov 28 2000 // RapidInsure, the British Online insurance website, announced that it has stopped accepting new business for the time being as it searches for additional financing in order to continue its operations.Founded in February by...