Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Lloyd’s Community Program Celebrates 20th Year
Feb 9 2009 // Lloyd’s might be better known for its historic insurance market and its iconic modern building, but it also participates in a number of charitable activities in and around London. This year Lloyd’s is...
Marine Insurers Face ‘Shipping Slump’- International Union of Marine Insurance
Jan 28 2009 // “The marine insurance industry is facing one of the most crucial periods it has ever met, and underwriters, given the devastating fall in volumes and values in global trade, will have to ‘run hard to stay in...
London’s Reach Bolsters U.S. Specialty Lines
Jan 25 2009 // Insurers Catlin, Beazley, Amlin, Hiscox and Newcomer Torus Find Their Niche in U.S. Market Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a...
Lloyd’s Exchange Offers Real Change
Jan 16 2009 // The Lloyd’s Exchange pilot initiative (See IJ web site – https://www.insurancejournal.com/news/international/2009/01/13/96927.htm] was formally introduced on Thursday to the general approval of all concerned....
London Market Reform Group Sets 2009-11 Program
Jan 8 2009 // The Market Reform Group (MRG), which sets priorities for London’s insurance industry, has announced its plans to, in its words, “deliver a new growth spurt that will further cement London as the market of...
The View From London
Dec 21 2008 // Insurers Can Weather Global Financial Crisis Buyers that aren’t buying; houses that aren’t selling, banks that aren’t lending — sound familiar? But in this case it’s the United Kingdom that...
UK’s Chartered Insurance Institute to Hold Counter Terrorism Workshop
Dec 3 2008 // The UK’s Chartered Insurance Institute Group’s London Market Faculty has teamed up with the National Counter Terrorism Security Office (NaCTSO) and the Metropolitan Police Counter Terrorism Command to hold a...
North Carolina Security Firm in Anti-Piracy Meetings in London
Dec 3 2008 // North Carolina-based private security contractor Blackwater Worldwide is meeting with shipping and insurance companies this week to describe what the company can do to protect vessels traveling through the volatile Gulf of...
Catlin Strengthens Product Recall Teams in Sydney, London
Dec 3 2008 // The Bermuda-based Catlin Group Limited announced that it has “significantly strengthened its leadership position in crisis management underwriting with the addition of two experienced product recall insurance...
Ratings Recap: Eureko, Steamship, QBE (Notes), SOLID
Dec 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based Eureko B.V. and related core subsidiaries to negative from stable. S&P also affirmed the ‘A-‘ long-term...
XL Insurance Revamps Equine Team
Nov 25 2008 // XL Insurance, the global insurance operations of XL Capital, announced from London the appointment of Neil Robertson as head of its global Equine operation, and Ian Hull as Equine Underwriter in London. “The Equine...
Willis’ Faber Unit Consolidates Fine Art, Jewelery, Specie, K&R, Bloodstock
Nov 21 2008 // Faber & Dumas, the newly formed third-party wholesale brokerage division of Willis Group Holdings, announced that three additional Willis specialty businesses – Fine Art, Jewelry & Specie (FAJS), Special...
Willis Introduces New Broking Software
Nov 4 2008 // Willis Group Holdings announced from London a partnership with Sequel Business Solutions Limited, which “has completed a major milestone in its Shaping our Future strategy for profitable growth with the...
Global Crisis Dominates A.M. Best’s London Conference
Nov 2 2008 // Execs Say Market Remains Attractive Even as Crisis Puts Pressure on Prices The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s conference in London on Oct. 15....
Marsh Rolls Out New Binding Authorities for ‘Tough Times’
Oct 30 2008 // Marsh announced the creation of a dedicated binding authority and consumer placement service in London to meet the needs of clients globally. “This team will be the access point to the London and European insurance...
Global Crisis Dominates A.M. Best’s London Conference
Oct 20 2008 // The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s well-attended conference (over 240 attendees) in London on October 15. Roger Sellek, the rating agency’s...
TriSystems ‘Universal Messaging’ to Support Electronic Lloyd’s Trading
Oct 13 2008 // London Market reform technology specialists TriSystems announced that their Universal Messaging Gateway (UMG) suite is now available via the Internet in a move, which the Company says will “be widely seen as a...
AIG Agrees to Sell 50% Interest in London City Airport
Sep 30 2008 // Amercian International Group is selling its stake in a London airport. Global Infrastructure Partners (GIP) said it has entered into a definitive agreement to acquire AIG-Financial Products’ 50 percent interest in...
Gallagher Acquires UK’s Oxygen Insurance Managers
Sep 17 2008 // Oxygen Holdings Plc, a London market insurance intermediary, and Arthur J Gallagher (UK) announced the sale of Oxygen’s underwriting subsidiary, Oxygen Insurance Managers Ltd. (OIM) to Gallagher (UK), for an...
Reid Named Lockton London COO
Sep 16 2008 // Lockton announced that “Stephen Reid has agreed to join Lockton as Chief Operating Officer with responsibility for the Retail division in London which encompasses the Corporate Risk Solutions, Profin & Affinity...
