Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
JLT Re Appoints Lockton’s Barden and Warner to Aviation Team
May 17 2017 // JLT Re, the London-based reinsurance broker and consultant, has appointed Graham Barden and Jon Warner as partners in its aviation team. Barden has over 40 years of experience in the aviation market having worked in both...
Big ‘I’ Virtual University’s Boggs Gets Award for Reinsurance Research
May 16 2017 // Big “I” Virtual University Director Christopher “Chris” J. Boggs has received a prestigious award in London for a paper he and a group of industry professionals authored about the disconnect between...
Allianz Global Corporate & Specialty Appoints Cyber, Engineering Heads
May 15 2017 // Allianz Global Corporate & Specialty (AGCS) announced personnel appointments within the Cyber and Engineering lines of business. Jenny Soubra has been appointed head of Cyber and Specialty Professional Indemnity (CPI)...
People – East
May 15 2017 // Eastern Insurance Group, a Natick, Mass.-headquartered subsidiary of Eastern Bank, has hired William F. Gross as executive vice president of commercial lines. Gross, who works out of the Natick office, brings more than 17...
London-Based MGA Nexus Offers Cyber Insurance in Partnership with Beazley
May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017. Nexus will underwrite the new line, offering...
High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance
May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...
Luxembourg ‘Not Offering’ Special Deals to Lure Financial Firms After Brexit
May 5 2017 // Luxembourg is in talks with a wide range of financial firms looking to relocate out of London as Britain leaves the European Union, but it will not offer sweeteners to undercut rival centers, Finance Minister Pierre...
QBE to Move European HQ from London to Continent After Brexit
May 3 2017 // QBE Insurance Group will move its European base from London to the continent because of uncertainty in accessing the European market after Brexit, the chairman of Australia’s largest international insurer said on...
Chubb Forms ‘Custom Industry Solutions’ Product, Creates London Region
May 1 2017 // Chubb announced it has created a “Custom Industry Solutions” product cluster in UK and Ireland, which will bring together its life science, info tech, package and entertainment industry segments. This new...
London Market Group Re-Appoints Aubert as Chairman
Apr 28 2017 // The London Market Group (LMG) announced the re-appointment of Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chair. The last 12 months has seen progress across all LMG’s workstreams, including...
Chubb’s Greenberg Clarifies Criticism of Wholesale Brokers
Apr 26 2017 // In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage...
FM Global Chooses Luxembourg as Post-Brexit EU HQ
Apr 26 2017 // U.S. commercial property insurer FM Global is planning a European hub in Luxembourg following Britain’s decision to leave the bloc, the head of its European division told Reuters. The mutual insurer, which earned...
Willis Towers Watson Names 6 to Global FINEX Senior Leadership Team
Apr 25 2017 // Insurance broker and consultant Willis Towers Watson has made six senior appointments across its Global FINEX business, the company’s financial, executive and professional risk specialty group. Jeremy Wall has been...
