European Insurance Companies

European Insurance Company Logos: Directory by Country – Worldwide Insurance Company Logos by Country. Explore insurers in European countries and get key info to choose the best insurance

British insurance companies

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Flag of Great Britain, featured in the: British Insurance Companies, post. British insurance companies – Logos of world insurance companies. By clicking on the logos of insurers in Great Britain, you can access all the information on their websites.

Insurance Company Logos in Great Britain

Insurance Companies Logos and Names. Clicking each Logo Image will get a lot of useful info that will help you find the best insurance.

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    RMS Titanic

    RMS Titanic was a British passenger liner that sank in the North Atlantic Ocean on 15 April 1912 after colliding with an iceberg during her maiden voyage from Southampton, England to New York City. The sinking of the Titanic caused the deaths of 1,514 people in one of the deadliest peacetime maritime disasters in history. She was the largest ship afloat at the time of her maiden voyage. One of three Olympic-class ocean liners operated by the White Star Line, she was built between 1909–11 by the Harland and Wolff shipyard in Belfast. She carried 2,224 people.

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      The Britain Insurer’s market: regulation and supervision

      The diversity of forms of insurer operating in the United Kingdom market reflects its historical development, the evolution of different forms of business organization in the UK, and the development of the regulatory framework. 

      In the UK, insurers have in recent years been regulated and supervised by the DTI and HM Treasury, and now by the FSA. 

      The language of the regulatory framework has changed over the years. The Insurance Companies Act 1982 applied to authorized ‘insurers’. The statute which replaced it, the Financial Services and Markets Act 2000 (FSMA 2000), refers to ‘authorized persons’ who may carry on ‘regulated activities’, of which the effecting and carrying out of contracts of insurance is one. 

      Authorized persons are either those who have received permission under Part 4 FSMA 2000 from the FSA, or an EEA or Treaty firm which qualifies for permission under Schedules 3 or 4 to that Act. Schedule 3 sets out the ‘passport rights’, under which one EEA regulator can give authorization covering firms operating throughout the EEA Directive rules. Schedule 4 sets out ‘treaty rights’, which are similar to those under Schedule 3, but are granted on a case by case basis. 

      Authorized persons must also meet the FSA’s ‘threshold conditions’, one of which for insurers is the person must be a body corporate, a registered friendly society or a member of Lloyd’s. 

      More details on the regulatory framework are given in GIM3000+.

      ​British Insurance – World Insurance Companies Logos

      United Kingdom insurance companies

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      Flag of United Kingdom, featured in the: United Kingdom insurance companies, post.Insurance in the United Kingdom – World Insurance Companies Logos. Click on the logos of insurance companies in the United Kingdom. This will take you to their websites. You can find all the information you need there.

      Find the Best British Insurers 

      Find the best UK insurers. Register of insurers logos and names of the United Kingdom, Europe.
      By clicking on the logo of an insurance company you will have instant access to updated information on insurance issues that can help you in the task of choosing the best insurer, and also get phone numbers, addresses and prices that insurers offer on the Internet.

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        British Insurance Providers
        Insurance Providers in UK

        BLAGAB

        Basic life assurance and general annuity business are defined as being the life assurance business not fitting within any other category of business under section 431F ICTA. It is often abbreviated to BLAGAB. BLAGAB is taxed on the so-called “I minus E basis” (i.e.

        The company is taxed on its investment return minus its expenses of management). The I minus E basis raises the UK Exchequer more revenue than it would get if it were taxed on a trading basis.

        This is because a trading computation would tax Premiums plus Investment return minus Expenses minus Claims, and the expectation is that policyholder claims will be greater than the premiums they pay, as policyholders tend to hold life assurance policies as an investment that they hope will grow.

        To ensure the Exchequer does not lose out in a year when a trading basis would yield greater tax revenues, E (expenses of management) is restricted so the I minus E cannot be lower than the measure of trading profits, with any restricted E being carried forward and deemed to be E of the subsequent period.
        Before 1 January 1992, there were separate tax computations for basic life assurance business and for general annuity business, since then the two categories have been combined into BLAGAB.
        Capital redemption business written since 31 December 1937 has been treated as though it were BLAGAB from the first accounting period of a company ending on or after 1 July 1999. Before then, it was treated as a separate business taxed on an I minus E basis.
        From Wikipedia.

        Insurance in the United Kingdom – World Insurance Companies Logos.