All UK Government articles
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News
Pool Re members, UK Treasury give backing to modernised treaty model
A shift from a facultative to a treaty model for the UK’s government-backed terrorism reinsurer, gets the go-ahead, to take effect from April 2025.
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London market in the vanguard of Ukraine reconstruction plans
What has been agreed in London to support Ukrainian reconstruction? Marsh McLennan, Lloyd’s, Aon and VIG joined G7 Governments in pledging their support to rebuild Ukraine’s shattered economy.
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Pool Re’s Clementi welcomes Martyn’s Law legislation
New terrorism legislation coming before the UK Parliament aims to improve protective and organisational preparedness at a variety of premises.
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Government to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The UK government is set to bring in further legislation to prohibit UK-based insurance and reinsurance providers from dealing in financial transactions connected with Russian entities.
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£800 million Reinsurance Scheme officially opens to help live events
Chancellor Rishi Sunak and Culture Secretary Nadine Dorries have today opened the scheme worth over £800 million to reinsure live events against Covid-related cancellation.
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UK government launches event cancellation scheme
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative