Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Six Experienced Execs Join Aon’s London Aviation Team
Feb 2 2010 // Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft. “The appointments have been made to further improve business...
New York Sees Promise in Own London-Like Market
Jan 24 2010 // But Skeptics Question Timing for Revival of U.S. Insurance Exchange A recently announced plan by New York’s governor to boost his state’s financial services industry by recreating the New York Insurance...
Tragedy in Haiti; XL Moves to Ireland; NYC Exchange Doesn’t Worry London; WEF Prepares for Davos
Jan 24 2010 // The tragedy in Haiti is a reminder of how fragile life can be in developing countries.Despite the massive loss of life and widespread destruction in and around the capital Port-au-Prince, vital rescue efforts have been...
London Market Group Aims for More Modernization in 2010
Jan 22 2010 // The London Market Group (LMG) aims to continue the progress made in 2009 to modernize the London market’s procedures in an effort to maintain London’s competitiveness in the global insurance market. LMG...
Willis North America Appoints Swift as Chief Placement Officer
Jan 21 2010 // Willis North America (WNA), a unit of Willis Group Holdings (NYSE:WSH), named Alastair Swift to its senior management team as chief placement officer, effective immediately. Swift will report to Don Bailey, chairman and...
TriSystems Readies New ‘Cost-Effective’ Platform for Lloyd’s Brokers
Jan 8 2010 // Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for...
New York Plans First Steps to Creating Lloyd’s Competitor
Jan 6 2010 // New York regulators are aggressively pursuing plans for a reincarnation of the New York Insurance Exchange and expect to assemble a “working group” of industry insiders within the next two weeks who will guide...
Drayer to Lead London American’s Allied Medical Department in Houston
Dec 22 2009 // Terry Morgan Drayer has joined London American Risk Specialists Inc. as senior casualty broker. Drayer will launch the firm’s new Allied Medical Department in the Houston, Texas, office. Drayer’s focus will be...
People
Dec 20 2009 // Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Ballard Joins Marsh Jewelers’ Block Insurance Team in London
Dec 7 2009 // Marsh has appointed Jonathan Ballard as the jewelers’ block specialist in the London office of its Specie Practice, which delivers insurance services and advice concerning the insurance of valuable property such as...
‘Fog in Channel’ – The Disconnect between England and France
Dec 4 2009 // The rest of that phrase, from a long ago Times headline, reads “- Continent Cut Off.” It succinctly summarizes the past, present and probably future state of relations between two of Europe’s oldest...
France Tries to Calm Britain’s Angst over Regulation Threats
Dec 3 2009 // France tried to reassure Britain on Thursday that its push for tougher financial regulation in the European Union would not undermine the City of London, saying new rules would not hurt anyone system in...
Aon Names Simmons, Finch, Smith to London Credit Insurance Team
Dec 2 2009 // Aon Trade Credit UK (ATC) has appointed Phil Simmons, Kevin Finch and Nicola Smith, formerly of RK Harrison, to its credit insurance team. Simmons will be joining the ATC leadership team as commercial director, focusing on...
Stanford Sues Lloyd’s of London for Defense Fees Under D&O Policy
Nov 25 2009 // Allen Stanford, who faces U.S. criminal and civil charges for allegedly leading a $7 billion Ponzi scheme, is suing Lloyd’s of London for defense costs. Lloyd’s had advanced some legal fees under a directors...
XL Acquires Unicorn Underwriting to Strengthen Equine Capabilities
Nov 19 2009 // XL Insurance, the global insurance operations of XL Capital, announced “the strengthening of its equine capabilities” with the acquisition of an underwriting and claims team from London-based Unicorn...
Business Moves
Nov 15 2009 // TLLA, Crawford Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined...
Zurich Global Energy Names Hawker VP – Exploration & Production
Nov 12 2009 // Zurich North America announced that its Global Energy unit has appointed Iain Hawker as vice president – Exploration & Production and underwriting manager for London. He replaces Len Messenger, who will take on...
Lloyd’s Royal British Legion Organizes London ‘Poppy Day’ on Thursday
Nov 4 2009 // The Lloyd’s Branch of the Royal British Legion has mobilized a number of volunteers and armed forces personnel to support this year’s Poppy Appeal on London Poppy Day, Thursday November 5th. The organizers are...
London American Risk Adds May and Williamson in Houston Office
Oct 26 2009 // Rob May and Michael Williamson have joined London American Risk Specialists Inc. in its Houston office. May joined London American Risk Specialists as vice president of Transportation. His responsibilities include...