Edition:
United Kingdom

Carolyn Cohn

Brexit healthcare fears fuel expatriate insurance interest in Europe

16 Oct 2019

LONDON/MADRID/PARIS Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers.

Brexit insolvency fears boost demand for trade credit insurance

16 Oct 2019

LONDON Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due to concerns about the impact of Brexit.

Fallen fund star Woodford's firm suffers ignominious end

16 Oct 2019

LONDON Once one of Britain's most celebrated money managers and idolised by a legion of investor devotees, the collapse of Neil Woodford's business has been swift and brutal.

Trading in second Woodford fund suspended: administrator

16 Oct 2019

LONDON A second Woodford fund was suspended from trading on Wednesday after embattled investor Neil Woodford resigned as its manager.

Fund empire of once-star manager Neil Woodford shuts

15 Oct 2019

LONDON Famed British money manager Neil Woodford shut his asset management business on Tuesday, calling it quits hours after administrators stepped in to wind down his flagship fund and sack him as its manager.

UK watchdog fines broker Tullett Prebon 15 million pounds in probe involving Libor rigging

11 Oct 2019

LONDON Britain's markets watchdog has fined interdealer broker Tullett Prebon 15.4 million pounds ($19.2 million) for improper conduct, including its involvement in the manipulation of the Libor rate, the regulator said on Friday.

Bank of England to spell out fate of open-ended funds in December

10 Oct 2019

LONDON How investors can pull cash from open-ended funds will be updated in December, following the high-profile suspension of money manager Neil Woodford's equity fund, the Bank of England said.

Stop penalizing loyal customers, UK regulator tells car and home insurers

04 Oct 2019

LONDON Britain's markets watchdog threw down the gauntlet to car and home insurers on Friday, saying they could avoid mandatory pricing restrictions if they voluntarily stop penalizing loyal customers.

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