Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Aon to Move into New London HQ in 2015
May 16 2011 // Aon announced that it has selected The Leadenhall Building as its future London headquarters. The office tower is currently under construction, directly across Leadenhall Street from Lloyd’s. When completed it will...
A. J. Gallagher Acquires UK Broker Heath Lambert for $158 Million
May 13 2011 // Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16...
How to Find Cyber Insurance for the Uninsurable
May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Tosti Appointed CEO of Willis Facultative London
Apr 28 2011 // Willis Group Holdings announced that, effective immediately, Gianmarco Tosti has been appointed CEO, Willis Facultative London, a newly created post. He will lead a team of 50 Associates responsible for the placement of...
Ratings: Wilton Re, London General, Cattolica, Arab Re
Apr 22 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton...
Lockton Launches ‘Enterprise Disruption Contingency’ Insurance
Apr 22 2011 // Lockton has announced the launch of a package of risk management solutions called “Enterprise Disruption Contingency Insurance designed to help companies cope with previously ‘uninsurable’...
Lockton Launches Risk Management Tool to Address Uninsurable Risks
Apr 19 2011 // Lockton is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks. Lockton’s Enterprise...
Genden Appointed CEO of Travelers Europe
Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He...
How to Find Cyber Insurance for the Uninsurable
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Lloyd’s Writes the Ultimate Travel Policy for Sarah Outen
Apr 4 2011 // Lloyd’s has insured a football player’s hair, the anatomical attributes of various celebrities, and even a Frenchman’s heroic crossing of the English Channel in a bathtub. So, where else would English...
Liberty Mutual Expands UK Commercial Lines Operations
Apr 4 2011 // Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office network and management team to beef up its move into the UK’s commercial lines...
Lloyd’s ‘Confident’ It Can Cope with Japan Claims
Mar 30 2011 // The Lloyd’s of London insurance market is confident it can deal easily with claims from Japan’s earthquake even though natural disasters almost halved its profit last year. Lloyd’s said its businesses had...
London Broker Sees Some Libya Claims, but Situation is Unclear
Mar 23 2011 // London-based Lloyd’s insurance and reinsurance broker United Insurance Brokers (UIB) has indicated that there may be some insurance exposure as a result of the unrest in Libya, and the decision by the UN to sanction...
XL Insurance Promotes Bruce-Smythe to CUO – Int’l. P/C
Mar 17 2011 // XL Insurance, the global insurance operations of the XL Group, has promoted Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty business. He previously served as Chief...
Beecher Carlson Adds Edwards to Energy Practice
Mar 15 2011 // Atlanta-based Beecher Carlson has appointed Garry Edwards managing director. He will take a lead role in growing the company’s property and energy practices on the west coast, and will operate out of the San...
London Ship Insurers Add Libya to ‘High-risk’ List
Mar 4 2011 // London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing...
Ritchie to Head New Argo Int’l. Paris Branch Office
Feb 28 2011 // The Bermuda-based Argo Group International Holdings announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. The new...
A.J Gallagher to Acquire UK Agency Woodbrook
Feb 25 2011 // Arthur J. Gallagher & Co. announced that it has signed a definitive agreement to acquire the business and certain assets of London-based Woodbrook Underwriting Agencies, Ltd. The transaction is expected to close during...
Willis’ Global Markets-International Names Wemyss CEO
Feb 24 2011 // Willis Group Holdings announced that Toby Wemyss has been appointed CEO of its Global Markets International (GMI) division, effective immediately. He is based in London, and reports to Dominic Samengo-Turner, CEO of...
Catlin Group 2010 Profits Fall to $406 Million on Cat Losses
Feb 10 2011 // The Bermuda-based (London headquartered) Catlin Group Limited reported net profits before tax in 2010 of $406 million, compared to $603 million in 2009, primarily due to a significant increase in catastrophe losses last...
