Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Gallagher’s Agnew Named Chair, London & International Insurance Brokers’ Assn.
Mar 17 2016 // Arthur J. Gallagher International announced that Andrew Agnew, managing director of specialty and member of its executive committee, has been appointed chairman of the London & International Insurance Brokers’...
Integro Acquires London-Based Broker, Croton Stokes Wilson Holden
Mar 17 2016 // International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd. Financial considerations of the transaction have not been...
Ironshore Names Alexander Head of Global Property Programs, Based in London
Mar 14 2016 // Ironshore Inc. has announced that Melanie Alexander will serve as head of Global Property Programs, overseeing the London-based property facility business. She will report to Tony Mammolite, president of Global...
Old Mutual to Split into 4 Units as CEO Works to Reverse Flagging Returns
Mar 11 2016 // Old Mutual Plc plans to split into four units as Chief Executive Officer Bruce Hemphill breaks up the U.K. financial services company to reverse years of flagging returns. The insurer will spin off its controlling stake in...
H.W. Kaufman Financial Group Acquires New Orleans Site for Burns & Wilcox Center
Mar 10 2016 // The Michigan-based specialty insurance organization, H.W. Kaufman Financial Group, has acquired the Cox Communications Building located in the greater New Orleans area. As part of the acquisition, the building will be...
Miller Hires Jones to Lead North American Wholesale & Facultative Property Book
Mar 10 2016 // Honor Jones has joined London-based Miller Insurance Services to drive the growth of its wholesale and facultative property book in North America. Jones has over 20 years’ experience of placing risks on behalf of...
Aon Renews Shortline Railroad Excess Liability Facility
Mar 7 2016 // Aon Risk Solutions, the global risk management business of Aon plc, announced that their proprietary Shortline Railroad Excess Liability Facility in London has been renewed through 2018. The Aon Shortline Railroad Excess...
Endurance Hires Quartly to Launch International Casualty Insurance Business
Mar 7 2016 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Giles Quartly has joined the company senior vice president, head of International...
Old Mutual’s Stock Gains on Reports It Will Break Up Businesses
Mar 7 2016 // Old Mutual Plc, the U.K.-based financial services firm that is Africa’s largest insurer, climbed on speculation that it is considering a breakup of businesses as part of a strategic review. The company rose as much...
Drone Flies Within 20 Feet of Air France Jet Above Paris; Investigation Under Way
Mar 4 2016 // A drone came within 5 meters (20 feet) of a potentially catastrophic collision with an Air France plane coming in to land at Paris Charles de Gaulle airport, marking one of the closest encounters so far between one of the...
Lloyd’s Underwriter Marketform Appoints Lednor as Chief Underwriting Officer
Mar 2 2016 // Specialist Lloyd’s underwriter Marketform announced that Darren Lednor, formerly the active underwriter of Ariel Syndicate 1910 and 6117, has joined as chief underwriting officer. Lednor has been working in the...
As UK Debate over Brexit Heats Up, Some Suggest Looking at Lessons of History
Feb 26 2016 // Cities don’t stay on top forever. Just look at Venice in the 15th century, Philadelphia in the 18th or even Vienna in the 19th. It’s a lesson some Londoners worry is being forgotten when it comes to the...
What Will ‘Brexit’ Mean for London’s Financial Center? Some Questions Answered
Feb 19 2016 // The U.K.’s looming in/out referendum on European Union membership, which may come as early as June, has sparked jitters, with analysts predicting declines in everything from London property prices to the pound. But...
Norwegian Hull Club to Open Office in London
Feb 12 2016 // The Norwegian Hull Club, one of the world’s largest pure marine insurers, is planning to “plug into London” with the opening of its first office outside Norway. The club’s board confirmed this week...
‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market
Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...
London-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform
Feb 10 2016 // Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both...
London-Based Chubb Global Markets Names Marine Team Leaders
Feb 8 2016 // Chubb Global Markets, the London-based wholesale insurance division of Chubb, announced the appointment of the leaders of its marine team, with immediate effect. Mark Edmondson, formerly head of marine for legacy Chubb...
CFC Underwriting, London-Based MGA, Expands Transaction Liability Team
Feb 8 2016 // London-based CFC Underwriting has added two new underwriters to its growing transaction liability team. This follows last year’s appointment of Matthew Giddings to drive the development of a new line of business for...
Mitsui Sumitomo Insurance Completes Acquisition of ‘MS Amlin’
Feb 2 2016 // Lloyd’s of London insurer Amlin plc announced the completion of its acquisition by Mitsui Sumitomo Insurance Co. Ltd., a wholly owned subsidiary of MS&AD Insurance Group Holdings Inc., following receipt of...
Liberty Specialty Markets Enters Chinese Market via Lloyd’s China Platform
Jan 28 2016 // London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform. LSM’s Underwriting Division of Lloyd’s Insurance Company (China) Ltd....
