Latest London Headlines

All the headlines from our London Topic Page, ordered by recency.

People Moves: Chubb Hires Global Aerospace’s Abbott; Brit Names Chaganty as Chief Data Officer; WTW Taps Marsh’s Gardner for GB Renewable Energy & Power Team

Feb 1 2022 // This edition of International People Moves details appointments at Chubb Global Markets, Brit Ltd. and Willis Towers Watson. A summary of these new hires follows here. Chubb Global Markets Appoints Abbott as Product Head...

People Moves: Liberty GTS Expands in Europe; AEGIS London Promotes Yeldham to CUO; Brit Names Argo’s Allen, MAP’s Poynder for Property Facilities Team

Jan 28 2022 // This edition of International People Moves details appointments at Liberty Global Transactions, AEGIS London and Brit Ltd. A summary of these new hires follows here. Liberty Global Transaction Solutions Expands European...

Climate Risk Is Top London Market Challenge, IUA Survey Shows

Jan 27 2022 // The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association (IUA) has revealed. In a survey of its members, the organization recorded 27%...

People Moves: AEGIS London Names Powell CEO, as Croom-Johnson Retires; Corvus Hires Zurich’s Delvos as 1st Head of Int’l; HDI’s Jackson to Lead Aviation at Apollo

Jan 27 2022 // This edition of International People Moves details appointments at AEGIS London, Corvus Insurance and AEGIS London Names Powell as CEO, as Croom-Johnson Retires AEGIS London, the Lloyd’s syndicate and subsidiary of...

Owners of High-End London Restaurants Sue AXA Over Failure to Pay COVID Claims

Jan 26 2022 // The owners of high-end London restaurants The Wolseley and The Delaunay sued AXA Insurance UK Plc for as much as 4 million pounds ($5.4 million) over its failure to pay out on claims linked to the coronavirus...

CFC Merges Medical Malpractice and Healthcare Teams to Build Critical Mass in London

Jan 6 2022 // CFC Underwriting, the managing general agent and emerging risk specialist, announced the creation of a single healthcare team in the London market, aiming to build “a healthcare powerhouse.” The move will see...

London Turns Into Ghost Town as UK Faces Record-Breaking Wave of COVID Infections

Dec 16 2021 // The owner of Parlez, a pub and restaurant in south London, hoped that sales this Christmas would have bounced back fully from last winter’s COVID-19 lockdown. Instead, every one of this week’s group...

People Moves: WTW’s Swift Joins London Market Group Board; Carbon Underwriting Hires Antares’ Coates; Dale Underwriting Names ArgoGlobal’s Turner for Property

Dec 14 2021 // This edition of International People Moves details appointments at the London Market Group, Carbon Underwriting and Dale Underwriting Partners. A summary of these announcements follows here. WTW’s Swift Joins Board...

British Insurer LV= Rejects Bain Takeover Bid; Royal London Wants to Talk

Dec 10 2021 // British mutual life insurer LV= on Friday abandoned a proposed 530 million pound ($701 million) takeover by private equity giant Bain Capital after it lost a member vote, and rival Royal London put forward an alternative...

People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels

Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe. A summary of these new hires follows here. Mosaic Launches London...

Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk

Nov 9 2021 // Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd’s insurance broker Parker Norfolk & Partners Ltd. The deal signals Xenia’s...

Climate Protesters Spill 1,000 Liters of Fake Oil Outside Lloyd’s of London

Oct 29 2021 // Climate protesters spilled a 1,000 liters (220 gallons) of fake oil outside Lloyd’s of London Friday, part of a campaign to draw attention to the finance industry’s financing of fossil fuels. The activists were...

People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W

Oct 22 2021 // This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these new hires follows here. FM Global Promotes Johnson and Dempsey in Senior EMEA...

Beazley’s Cyber Defense Specialist, Lodestone Security, Opens London Office

Oct 19 2021 // Lodestone Security, a Beazley subsidiary and leader in cyber defense and incident response in the U.S., is expanding its global reach by opening an office in London. Adam Harrison joins the group as managing director of...

People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium

Oct 19 2021 // D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/W Tegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter....

Lloyd’s and London’s Finance District Confront a Past Steeped in Slavery

Oct 6 2021 // LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as...

Workers in London’s Financial Services Industry Are Returning to Their Desks in Droves

Sep 20 2021 // On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close support staff not currently in the office have been told they are expected to be at their...

Jensten Group Completes Acquisition of London-Based Tasker Insurance Group

Sep 16 2021 // The Jensten Group has completed its acquisition of London-based Tasker Insurance Group, after receiving regulatory approval. The deal includes Tasker Insurance Brokers, Tasker & Partners and Gresham...

London Financial Employees Return to Offices Despite Rising Virus Cases

Sep 14 2021 // LONDON — There’s no free lunch in finance – except when banks are wooing workers back to the office. London’s financial sector, keen to return to a semblance of normality after the worst of the...

Insurers, Banks See London Remaining a Leading Financial Center

Sep 13 2021 // London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey of financial firms showed on Monday. Britain fully left the European...