Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
ACE Names Talbott Executive Vice President – International Property
Oct 14 2009 // The ACE Group of insurance and reinsurance companies has announced the appointment of Derek Talbott as Executive Vice President, International Property. He will be responsible for the management and performance of...
Gallagher’s London Office Hires New Trade Credit Team
Oct 13 2009 // Arthur J. Gallagher’s London office has announced the hiring of a new Trade Credit team, joining the established Political, Project and Credit Risks business unit, reporting to MD Kit Brownlees. Rupert Murray, Steve...
Market Reform Renamed ‘London Market Group’
Oct 13 2009 // The Market Reform Group has been renamed the London Market Group (LMG) and its scope of action has been broadened to “discuss any aspect of business where a cross market view, or some collaborative action, might be...
Gregory to Join Axis Insurance in London
Oct 8 2009 // Mark Gregory will join AXIS Insurance in London as chief executive officer of international specialty lines and branch manager of AXIS Specialty London, effective Jan. 1, 2010. Gregory will report to Jack Gressier,...
London American Risk Specialists, Inc Congratulates GSID in the Development of a New HIV Preventative Vaccine
Oct 6 2009 // Houston, Texas October 6, 2009 – London American Risk Specialists, Inc. is pleased to congratulate our mutual Chapman & Associates client, Global Solutions for Infectious Diseases (GSID) for its work in the...
Declarations
Oct 5 2009 // 20% The percentage of U.S. drivers who admit they have read or sent a text message while behind the wheel, even though nearly all of the respondents considered such action unacceptable, according to an AAA survey. $500...
People
Oct 5 2009 // David Daniel was named chairman of the Independent Insurance Agents & Brokers of America (Big “I”). He will lead the organization as chairman for the 2009-2010 term. Daniel is president of Daniel &...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
Ex-AIG Financial Exec Cassano Returns to U.S. As Probe Continues
Sep 29 2009 // Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the United States. Under intensifying...
Insurance Agent Jailed for Falsely Representing Lloyd’s in Kentucky
Sep 23 2009 // A financial service worker in South Carolina was sentenced today to two years in prison for using a scheme to dupe mortgage companies and homeowners in Eastern Kentucky. David C. Thomas, of Greenville, S.C. admitted he...
Lloyd’s Chairman: Limiting UK’s Financial Services is ‘Dangerous Talk’
Sep 18 2009 // Lloyd’s of London Chairman, Lord Peter Levene, strongly defended the important role financial services play in the UK’s economy in general and in the City of London in particular. Levene chastised policymakers,...
