Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
JLT Specialty USA Hires Beecher Carlson’s Nolan in Massachusetts
Apr 24 2017 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Molly Nolan as senior vice president. Nolan comes to JLT with more than 20 years’ experience in providing insurance...
Neon Appoints Sirius’ Sethi as Senior D&F Underwriter
Apr 24 2017 // Neon has appointed Catherine Sethi as senior underwriter in its Property Direct & Facultative (D&F) team. Based in London, Sethi will report to Sam Yates, who joined Neon recently to lead the expansion and growth...
Uber Faces Hike in London License Fees, in Latest Blow for Ride-Hailing Firm
Apr 21 2017 // Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city’s transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the...
Slow Computers & Internet, Outdated Systems Demoralize EU Workers: Survey
Apr 20 2017 // It was the third hour of doing nothing that broke James Scott. The 25-year-old researcher was sitting at his desk at an insurance firm in northern England when the internet went down. And with it went access to all of his...
Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker
Apr 7 2017 // Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities. Maule...
CNA Hardy Names Chubb’s Legassick as Head of Life Sciences & Technology
Apr 6 2017 // CNA Hardy, the London-based specialist commercial insurer, announced the appointment of David Legassick as head of Life Sciences, Technology & Cyber. Reporting to Rhonda Buege, head of Healthcare and Technology,...
Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks
Apr 6 2017 // Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks. The Anything Lineslip is led by Beazley, supported by a number of other...
City of London Will Survive Brexit – Even if Many Jobs Move to Continent: Official
Apr 3 2017 // The City of London should emerge largely unscathed from Brexit even though thousands of banking and insurance jobs could move to the continent, the financial district’s policy chief said. The “City” or...
Madoff Deals in Locked Safe a Focus of UK Lawsuit Seeking Damages of $66M
Mar 31 2017 // Principal Financial Group Inc. accused the managers of Liongate Capital Management LLP of hiding investments with Bernie Madoff while negotiating to sell half of their London hedge fund to Principal. Founders Randall...
Qatar Insurance Subsidiary Reaffirms London Commitment with New HQ
Mar 31 2017 // A Qatar Insurance Co. SAQ unit has signed a lease for a new headquarters close to the Lloyd’s of London insurance market, which is more than twice the size of the company’s existing premises. Antares...
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding
Mar 31 2017 // Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things...
Brussels Hopes to Lure Other Finance Firms After Its Success with Lloyd’s
Mar 30 2017 // Brussels expects to lure other financial players after convincing Lloyd’s of London, the world’s largest specialty insurance market, to make the city its post-Brexit European hub. While Lloyd’s choice on...
RMC Group to Open 2 London Offices, Affirming Commitment to UK Market
Mar 29 2017 // Naples, Fla.-based RMC Group, a consortium of insurance and actuarial consulting firms, has announced it plans to expand its international operations by opening two new offices in the United Kingdom. “Establishing a...
Update: UK Begins 2 Years of Complex Talks to Exit European Union
Mar 29 2017 // Prime Minister Theresa May set the U.K. on course for leaving the European Union in two years’ time, a divorce that will redefine the country’s relationship with its largest trading partner and end decades of...
Lloyd’s Shortlists Brussels or Luxembourg as EU HQ: Sources
Mar 28 2017 // Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources...
London Keeps Mantle as #1 Finance Center Despite Brexit Uncertainties: Survey
Mar 27 2017 // London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a...
