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UPDATE 1-UK businesses not covered for pandemic, insurers tell Supreme Court
16 Nov 2020

UPDATE 1-UK businesses not covered for pandemic, insurers tell Supreme Court

(Adds comments from insurers' lawyers)By Carolyn Cohn and Kirstin RidleyLONDON, Nov 16 (Reuters) - Major insurance companies told the UK Supreme Cour...

Insurers cannot provide unlimited cover in pandemic - UK Supreme Court told
16 Nov 2020

Insurers cannot provide unlimited cover in pandemic - UK Supreme Court told

By Carolyn Cohn and Kirstin RidleyLONDON, Nov 16 (Reuters) - Major insurance companies told the UK Supreme Court on Monday it was wrong to assume the...

UPDATE 1-Bank of England warns insurers risk unexpected COVID losses
13 Nov 2020

UPDATE 1-Bank of England warns insurers risk unexpected COVID losses

(Adds more detail)By Huw JonesLONDON, Nov 13 (Reuters) - Insurers in Britain risk being optimistic in estimating losses from COVID-19 related claims ...

UPDATE: Intact Reaches Deal To Fund Further Portion Of RSA Deal
13 Nov 2020

UPDATE: Intact Reaches Deal To Fund Further Portion Of RSA Deal

UPDATE: Intact Reaches Deal To Fund Further Portion Of RSA Deal

Bank of England tells insurers to check COVID loss figures
13 Nov 2020

Bank of England tells insurers to check COVID loss figures

LONDON, Nov 13 (Reuters) - Insurers in Britain risk being "optimistic" in estimating losses from COVID-19 related claims and should "stress test" t...

Intact Financial Reaches Agreements To Finance Portion Of RSA Offer
12 Nov 2020

Intact Financial Reaches Agreements To Finance Portion Of RSA Offer

Intact Financial Reaches Agreements To Finance Portion Of RSA Offer

UPDATE 2-Insurer Legal & General scales back dividend plans, shares fall
12 Nov 2020

UPDATE 2-Insurer Legal & General scales back dividend plans, shares fall

(Recasts with shares, media call)By Carolyn CohnLONDON, Nov 12 (Reuters) - Shares in Legal & General fell more than 3% on Thursday as the British lif...

Goldman hires Barclays banker Bion to ride insurance deal boom -memo
12 Nov 2020

Goldman hires Barclays banker Bion to ride insurance deal boom -memo

By Pamela BarbagliaLONDON, Nov 12 (Reuters) - Goldman Sachs has poached Barclays' insurance banker Marguerite Bion to win more business from Europe'...