Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
London’s EC3 Brokers Starts U.S. Property Wholesale Unit; 3 Jeffery Brothers to Head
Mar 12 2020 // London-based EC3 Brokers has launched a U.S. property wholesale division based in London, with the appointments of Matthew Jeffery as managing director and David and Daniel Jeffery as divisional directors. The brothers,...
Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue
Mar 12 2020 // Lloyd’s is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in response to the coronavirus outbreak. Starting at midnight tonight and for 24 hours, Lloyd’s...
Skuld Announces Changes to London Management Team
Mar 11 2020 // Leading marine insurance provider Skuld announced changes to the Skuld London management team. Gregory Thomas, chief business development officer at Skuld, will on July 1 relocate from London to Norway and continue to...
Private Equity Firm KKR Shuts London Offices on Employee Diagnosis of Coronavirus
Mar 10 2020 // Private equity firm KKR & Co Inc. said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized. “Our...
Coronavirus Wreaks Havoc on Global Businesses as Infections Pass 100,000
Mar 6 2020 // The number of people infected with the new coronavirus surpassed 100,000 across the world on Friday, as the outbreak reached more countries and economic damage intensified, with business districts beginning to empty and...
European Banks, Lloyd’s of London Develop Coronavirus Contingency Plans
Mar 5 2020 // Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak. For many companies it...
UK Financial Services Could Fare Less Well in U.S. Trade Deal than Energy, Cars
Mar 3 2020 // Britain’s financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday. Britain said in its negotiating mandate...
Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation
Feb 28 2020 // Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more...
Members of Lloyd’s New Cultural Advisory Group Include Mental Health Specialists
Feb 13 2020 // Lloyd’s has announced the membership of its new, independent Culture Advisory Group, which has been set up as part of its action plan to drive long-term cultural changes in the market. Lloyd’s started its...
Insurers Rush to Exclude Coronavirus Epidemic from Event-Cancellation Protection
Feb 13 2020 // Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their...
H.W. Kaufman Adds Lefchik to Expand Node International in North America
Feb 11 2020 // H.W. Kaufman Group, a global network of companies, has expanded Node International’s North American presence with the addition of Matthew Lefchik. Lefchik joins Node International as director, Cyber Risk Management...
Storm Ciara Batters Europe with Hurricane-Force Winds, Killing at Least 5 People
Feb 11 2020 // A strong winter storm that has battered Europe with hurricane-force winds and heavy rains and killed at least five people moved eastward Monday, causing severe travel disruptions across the continent. After striking...
Grenfell Tower Fire Inquiry Chief Seeks Immunity for Corporate Witnesses
Feb 10 2020 // The chairman of the inquiry into a London apartment building fire that killed 72 people wrote Britain’s attorney general Thursday to ask for a pledge to prevent evidence provided by corporate witnesses from being...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions
Feb 10 2020 // Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts...
Britain’s Insurance Sector Urged to Compete by Selectively Diverging from EU Rules
Feb 5 2020 // A senior official from Britain’s insurance sector on Wednesday laid out the case for selective divergence from EU rules to add to London’s appeal as a competitive global financial center. Britain left the...
Aon Taps Willis Towers Watson’s Carpenter for Global Super Yacht Leader in London
Feb 4 2020 // Insurance broker Aon has appointed Emma Carpenter as global super yacht leader. She will join Aon in London in early March and will drive the development of Aon’s super yacht insurance broking business...
A Divided Britain Must Now Seek New Identity Outside European Union
Jan 31 2020 // At 10 a.m. inside Aux Merveilleux de Fred, a patisserie in the heart of London’s French quarter, the air is thick with the aroma of butter. Aicha Boubakri, 30, is arranging neat rows of pastel-colored cream pastries...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions
Jan 29 2020 // Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts...
Firms Involved in Building Work on London’s Grenfell Tower Take No Blame for 2017 Fire
Jan 29 2020 // Firms involved in building work on London tower bloc that caught fire have sidestepped any responsibility for the 2017 tragedy that killed 72 people, a lawyer for the inquiry said. As the second phase of an inquiry into...
Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?
Jan 28 2020 // Britain leaves the European Union at 2300 GMT on Friday but has yet to negotiate a deal on future trading relations with the bloc. The EU is Britain’s biggest market for financial services, worth about 26 billion...
