Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
Willis to Keep HRH’s Glencairn as Third Party Wholesaler
Sep 12 2008 // Willis Group Holdings has announced that ” Glencairn, Hilb Rogal & Hobbs’ London-based operation,” will form the “cornerstone” of a “new third-party wholesale brokerage...
Aon Specie Comments on New Players in London Market
Sep 3 2008 // New players in London’s specialized cash in transit (CIT) coverage market could lower the premiums paid by Global security firms by “up to 20 percent” according to a bulletin from Aon’s fine art...
Endurance Names Kent to Head London Reinsurance Operations
Sep 3 2008 // Bermuda-based Endurance Specialty Holdings Ltd. announced the appointment of Lauren Kent as Senior Underwriting Manager and Head of Reinsurance for Endurance Worldwide Insurance Limited in London. She has 18 years of...
Lloyd’s in the 21st Century
Sep 1 2008 // The Modernization of Lloyd’s and the London Market Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of...
Markel’s Albanese Moves to U.S.; Stovin, Brazil Promoted
Aug 29 2008 // Markel Corp. announced that Gerry Albanese, president and chief operating officer of Markel International since 2003, will return to the United States to assume a senior executive position with Markel Corp. William Stovin...
AIR Relocates, Expands London Office
Jul 30 2008 // Boston-based AIR Worldwide Corporation has expanded and relocated its London office. “The new space, which is more than twice the size of AIR’s previous London office, is designed to accommodate the increase in...
Lloyd’s to Establish Amlin Illinois Inc. in Chicago
Jul 24 2008 // Amlin, a leading Lloyd’s insurer, plans to open an office in Chicago. Amlin Illinois Inc, will work within the existing Lloyd’s infrastructure, utilizing the Lloyd’s licence in Illinois to write admitted...
Price a Sticking Point for Bermuda Insurers Looking to Buy Entry into Lloyd’s Market
Jul 23 2008 // A handful of Bermuda insurers see an opportunity to expand their horizons by entering the Lloyd’s of London insurance market, but their interest of late has waned as prices of potential target companies have...
Opening of Willis Building in London Receives Royal Treatment
Jul 21 2008 // The Willis Building, a landmark new London headquarters for global insurance broker Willis Group Holdings, will be officially opened today, July 21, by His Royal Highness, The Duke of York, otherwise known as Prince...
Florida Gov., Insurance Chief Discuss Reinsurance with Lloyd’s of London
Jul 15 2008 // Florida Gov. Charlie Crist met with Lord Levene, the chairman of Lloyd’s of London, to discuss reinsurance issues in Florida, as well as Lloyd’s climate change initiatives. The meeting took place during the...
Aon Names Soeteman-Reijnen Managing Director – Europe, Middle East, Africa
Jun 18 2008 // Aon Risk Services has appointed Marguerite Soeteman-Reijnen as managing director, head of broking excellence for Aon Europe, Middle East and Africa (EMEA), with immediate effect. The bulletin from Aon’s London office...
Barton Joins London American Risk Specialists in Houston
Jun 5 2008 // Sarah E. Barton has joined London American Risk Specialists Inc.’s Houston office as senior property and casualty broker. She brings with her 15 years of insurance experience on both the company and retail side. As a...
