Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
NexAssure to Launch MGA for Europe, Middle East Business
Aug 23 2017 // NexAssure Group is set to open a specialist managing general agent, NexAssure Agency (UK) Ltd. in London and has appointed a senior underwriter Mark Angel as head of Specialty to lead the company’s expansion into...
Europe’s Cities Resist Use of Security Infrastructure Despite Vehicle Terror Attacks
Aug 22 2017 // Europe has experienced around a dozen cases of drivers using a car or truck to plow into pedestrians like last week’s attack in Barcelona, but cities have not rushed to mitigate the risks by changing their...
Verisk to Acquire London-Based Complex Data Software Firm Sequel
Aug 21 2017 // U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity firm HgCapital and other Sequel shareholders. Sequel specializes in...
5 Suspected Terrorists Shot Dead by Police After Barcelona’s Deadly Attack
Aug 18 2017 // Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after 13 people died when a van rampaged down the city’s iconic Las Ramblas...
Industry Relevance and Expertise ‘Ours to Lose:’ Catlin
Aug 15 2017 // First of Two Articles After 44 years in the insurance business, Stephen Catlin is retiring at the end of 2017. While he’ll be retiring from his role as executive deputy chairman of XL Group, he emphasizes that he...
London Market Launches Data Capture Service Designed to Cut Data Re-Keying
Aug 8 2017 // The London Market Group (LMG) announced that one of the core solutions for improving the London market’s efficiency, called structured data capture (SDC), has gone live for the lines of terrorism, financial lines,...
Markel Taps Sompo Canopius’ Holcroft as Contract Frustration & Political Risk U/W
Aug 8 2017 // Markel International, the the London-based specialist insurer and Markel Corp. subsidiary, has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political risk team...
Business Moves
Aug 7 2017 // Markel, State National Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue...
U.S. Building Owners Reviewing Structural Materials After London Grenfell Tower Blaze
Aug 7 2017 // U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said. An...
AIG Discloses It Could Face Claims from London’s Grenfell Tower Fire
Aug 4 2017 // American International Group Inc., the provider of commercial insurance, told regulators it could face claims costs from the Grenfell Tower fire that killed dozens of people in June in London. “Our net exposure to...
Chubb’s Claims Team Taps Scheidegger, Latter from Zurich; Promotes Smith
Aug 4 2017 // Chubb announced the appointment of three new positions within its regional claims team. Marc Scheidegger has been appointed as claims director, Continental Europe, and will be based in Paris. With 22 years of experience in...
JLT Re Appoints Ed’s Gray as Cyber Treaty Specialist, London & International Team
Aug 3 2017 // JLT Re, the global reinsurance broker and consultant, has appointed Ben Gray as a partner in JLT Re’s London & International Markets (LIM) team with a focus on cyber treaty. Gray joins from UK-based broker Ed...
Fortegra Forms Admitted Market Partnership with CHART Exchange
Aug 3 2017 // Fortegra, a Tiptree Inc. company has partnered with the CHART (Coverholders And Risk Takers) Exchange, an organization of coverholders, London-based syndicates, admitted markets and other vendor partners who provide...
Brexit Transition Period Crucial to Protect London as Financial Center: UK Lawmaker
Aug 2 2017 // Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday. Nicky Morgan,...
UK Broker Beach Names RenRe’s Goldberg as Senior VP, Casualty Reinsurance
Jul 26 2017 // Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president. He is based in the London office and reports to Adam Hedley,...
New Terror, Cyber Threats Create Coverage Gaps: CEO of UK’s Pool Re
Jul 25 2017 // Insurance against terror attacks must adapt to face up to the threats posed by so-called lone-wolf militants and the rise of cyber crime. That’s the view of Julian Enoizi of Pool Reinsurance Co., the U.K....
U.S. Building Owners Reviewing Structural Materials After London Tower Blaze
Jul 25 2017 // U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said...
London Underwriters, Trigon to Offer Low-Value Homeowners Program in Alabama
Jul 24 2017 // London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama. The...
Castel Specialty Launches Global Construction Business
Jul 21 2017 // Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction. London-based Castel Underwriting Agencies, part of Barbican Insurance Group, is a...
AGCS Appoints Smith as Head of Engineering, Regional Unit London
Jul 20 2017 // Allianz Global Corporate & Specialty (AGCS)* has appointed Paul Smith as head of Engineering, Regional Unit London (RUL). He reports regionally to Carsten Scheffel, AGCS board member and chief regions & markets...
