Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Whirlpool Fridge Started London’s Grenfell Tower Fire that Killed at Least 79
Jun 26 2017 // A deadly fire that killed at least 79 people in a London tower block started in a Whirlpool Corp. fridge and spread at “unexpected speed” through the building’s exterior cladding, police said, indicating...
London Underwriters, Trigon to Offer Alabama Homeowners Program
Jun 26 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...
Norway’s Protector Forsikring Insured Grenfell Tower Fire; Price Tag Debated
Jun 22 2017 // Olso-based Protector Forsikring is the insurer of Grenfell Tower, the residential block that was destroyed last week by a raging fire that killed 79 people. “Based on the information we have as of now, the damage is...
London Blaze-Tower Built with Cladding Used Across England
Jun 22 2017 // About 600 high-rise apartment blocks in England have been fitted with cladding similar to that used on the London tower in which 79 people died in a devastating fire last week, Prime Minister Theresa May’s office...
UK, EU Insurers & Banks Need ‘New System’ for Their Post-Brexit Business
Jun 20 2017 // British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain’s finance minister Philip Hammond said on Tuesday. Britain, the EU’s...
‘Complicated’ Brexit Talks Begin with Questions Over What Britain Wants
Jun 19 2017 // Almost a year since Britons voted to leave the European Union, Brexit talks finally began on Monday amid confusion over what exactly the U.K. government wants from the divorce. What U.K. Brexit Secretary David Davis...
Tragic London Fire Raises Questions About ‘Stay Put’ High-Rise Safety Rule
Jun 19 2017 // A catastrophic blaze at a London apartment tower has brought new scrutiny to a long-accepted, counterintuitive rule for people in tall buildings: If the blaze breaks out elsewhere in the structure, don’t...
Prime Minister May: ‘People Deserve Answers’ on London Tower Blaze
Jun 16 2017 // British Prime Minister Theresa May on Thursday promised a public inquiry into a fire that gutted a 24-story apartment block killing at least 17 people, as the government faced questions about how such a devastating blaze...
London Tower Block Fire Death Toll Rises
Jun 15 2017 // The death toll in a fire that ripped through a 24-story block of flats in London rose to 17 on Thursday, with many people still missing and firefighters facing hazardous conditions as they searched the charred wreck. Smoke...
Insurers Adapt Terrorism Policies with Loss of Attraction, Violent Acts, Other Coverages
Jun 15 2017 // The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business lost due to police cordons to more risky compensation for declines in tourism. Terrorism...
In ‘Classic’ Soft Market Battle, Brokers and Carriers Attack Each Other
Jun 14 2017 // Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.” During a session...
AIG Defends Layoff of London Employee Alleging Pregnancy Discrimination
Jun 13 2017 // American International Group Inc. said it was not “unwelcoming to working mothers” as the insurer fought a discrimination lawsuit filed by a former London trader dismissed while on maternity leave. Jennifer...
XL Catlin’s O’Malley Moves to StarStone to Lead Cargo Unit in London
Jun 13 2017 // Global specialty insurer StarStone has appointed Rod O’Malley as of head of cargo in London. O’Malley is joining StarStone in from XL Catlin, where he most recently served as head of the UK cargo team and...
What Is Blockchain and How Does It Work?
Jun 7 2017 // First of Two Articles While everyone talks about blockchain, also known as mutual distributed ledger technology, just a few people actually know what this technology can do and how it could someday revolutionize the...
Sompo International to Acquire Novae’s Financial Institutions’ Renewal Rights
Jun 2 2017 // Sompo International, a Bermuda-based specialty provider of property and casualty re/insurance, announced its London market insurance platform has agreed to acquire Novae Syndicates Ltd.’s financial...
Ironshore Names Hiscox’s Fisher as VP Political Risk & Trade Credit in London
Jun 1 2017 // Ironshore Inc. has appointed Russell Fisher as vice president of Political Risk and Trade Credit to underwrite European business lines, based in London. Fisher has more than 20 years’ experience as a specialist in...
FM Global Gets License in Luxembourg to Launch Post-Brexit EU Hub
May 31 2017 // U.S. commercial property insurer FM Global has been approved to run a European hub in Luxembourg, a move allowing it to issue policies in the European Union and other countries following Britain’s decision to leave...
Chubb Names Bryant as Regional Cyber Risk Manager, Europe
May 30 2017 // Chubb announced the appointment of Kyle Bryant to the newly created role of regional cyber risk manager, Europe. In his new role, Bryant will bring together Chubb’s dedicated local cyber risk expertise across its...
Islamic State Claims Responsibility for UK Terror Attack – Worst Since 2005
May 23 2017 // Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. Islamic State claimed...
UK Firms Choosing Luxembourg as Brexit HQ May Find Lifestyle Differences
May 22 2017 // Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc. While many find the Grand Duchy a...
