Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth
Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...
UK Watchdog Fines London Metal Exchange Over Handling of 2022 Nickel Crisis
Mar 21 2025 // Britain’s financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control three years ago in the first ever enforcement action against a UK exchange. The Financial...
London’s IUA Names Jones as Chief Executive, Succeeding Matcham
Mar 20 2025 // The International Underwriting Association (IUA), the group representing London companies that provide international and wholesale re/insurance, has named Chris Jones as chief executive, succeeding Dave Matcham. Jones will...
Markets/Coverages: MS Amlin, MSIG UK Launch Dual-Stamp Capacity for London Market
Mar 12 2025 // MS Amlin, the Lloyd’s re/Insurer, and its sister company, Mitsui Sumitomo Insurance Co. (Europe) (MSIG UK), announced the expansion of their London market footprint with the launch of a new dual-stamp underwriting...
People Moves: BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C; MGA DUAL UK Makes 3 Senior Appointments in Underwriting and Distribution
Feb 13 2025 // This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director...
Gallagher Bassett Buys London-Headquartered W K Webster & Co.
Feb 3 2025 // Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. W K Webster specializes in marine and transit claims management,...
City of London Hit Harder Than Rest of Economy Since Brexit Vote
Feb 3 2025 // The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum. Financial and insurance...
City of London’s Tallest Tower Fully Leased With RiverStone International Deal
Jan 20 2025 // The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed. RiverStone International, a holding company that acquires insurance businesses, has...
Broker Juniper Re Enters London With Industry Veteran Hawke at Helm
Jan 17 2025 // Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance...
Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division
Jan 16 2025 // Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market. Led by respected underwriter Richard...
Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans
Jan 16 2025 // The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash. Labour, for decades the political party that favored taming the...
Core Specialty to Purchase London Aviation Underwriters
Jan 7 2025 // Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock and cash transaction. Financial details of the deal, which is expected to close early...
People Moves: AXIS Taps Chubb’s Farrup to Lead Global Mkts, Succeeding Gregory; Agile’s Lloyd’s Syndicate Hires AXA XL’s Hughes for London Marine Operation
Jan 6 2025 // This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group. A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets,...
Lloyd’s of London Trade Body Examines Planned Conduct Overhaul
Dec 16 2024 // Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened...
Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer
Dec 4 2024 // The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to people familiar with the matter. The shareholders, which include buyout firm JC Flowers...
People Moves: Coalition Taps Munich Re’s Foster as Head of London Mkts.; Hamilton Re Expands Into Credit, Bond & Political Risk Reinsurance With Lottimore Appointment
Nov 27 2024 // This edition of International People Moves details appointments at the MGA Coalition and Hamilton Re. A summary of these new hires follows here. Coalition Taps Munich Re’s Foster as Head of London Markets Coalition,...
People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia
Nov 22 2024 // This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these new hires follows. Markel Taps AEGIS London’s Pressman as Senior...
Lloyd’s of London Shakes Up IT, Operations Teams
Nov 14 2024 // Commercial insurance market Lloyd’s of London is restructuring its data, operations and change departments, which will involve outsourcing some of those units’ work, a Lloyd’s spokesperson said on...
London Protesters Demand Water Companies Clean Up Sewage-Tainted Rivers
Nov 5 2024 // Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday to demand a cleanup of Britain’s sewage-clogged...
IGI Expands in London Underwriting Hub Into Larger Offices
Oct 28 2024 // International General Insurance Holdings Ltd. announced it will move its London operations to new offices on the 15th floor of the so-called “Walkie-Talkie” building at 20 Fenchurch Street, London, EC3M 3BY on...
