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United Kingdom

Carolyn Cohn

Target-beating Zurich Insurance lifts operating profit 16%

13 Feb 2020

ZURICH/LONDON Rising insurance premiums, strong investment income and cost savings helped Zurich Insurance lift operating profit by 16% last year as Europe's fifth-largest insurer exceeded its 2017-19 targets.

Tightrope Thiam: comeback CEO stung by a spying scandal

07 Feb 2020

LONDON/ZURICH Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse, some of those who have worked with him predict. | Video

Tightrope Thiam: comeback CEO stung by a spying scandal

07 Feb 2020

LONDON/ZURICH Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse , some of those who have worked with him predict. | Video

Exclusive: Prudential eyes full control of China venture, considers U.S. options

06 Feb 2020

LONDON Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters.

British commercial property back on the investment map

05 Feb 2020

LONDON Investors expect to plough billions of pounds into UK commercial real estate this year, citing some long-awaited Brexit clarity after last week's departure from the European Union.

Many global firms, excluded from epidemic insurance, face heavy coronavirus costs

29 Jan 2020

LONDON/HONG KONG Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said.

Woodford's frozen fund investors to get first payout this week

29 Jan 2020

LONDON Investors in British money manager Neil Woodford's frozen multi-billion pound equity income fund will get their first cash payout this week, its administrator said on Tuesday.

Chile protests drive doubling in commercial insurance costs

27 Jan 2020

LONDON Insurance premiums to protect shops and offices in Chile from damage caused by protests have at least doubled, industry sources say, as insurers scramble to cover losses following last year's riots.

UK pension fund Brunel to firms, asset managers: tackle climate or we'll drop you

27 Jan 2020

LONDON Companies and asset managers must show progress towards climate goals by 2022, Brunel Pension Partnership, one of Britain's biggest pension fund managers, said on Monday, or the fund will withdraw its investment.

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