Latest London Headlines

Aon UK Exec Harmer to Chair London Market Reform Group

Apr 25 2008 // Peter Harmer, Chief Executive of Aon UK, is to become Chairman of the London Market Reform Group (MRG). He succeeds Stephen Matanle, Managing Director of Libero Ventures Ltd. Harmer stated he is “delighted to accept...

Integro Expands London Casualty Practice

Apr 25 2008 // Integro announced the hiring of two established brokers who will join the firm’s Casualty practice in London – Andrew Park and Jonathan Bines. Park brings considerable technical knowledge and 25 years broking...

Zurich Expands with London M&A Unit

Apr 23 2008 // The Zurich Financial Services Group announced that its Global Corporate Mergers & Acquisitions (M&A) unit has expanded its operation through the opening of an office in London. The operation continues the...

Apr 21 2008 // People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of...

Business Moves

Apr 21 2008 // Hull & Co., Big Sky Underwriters, Powers & Co. Hull & Co. Inc. acquired substantially all of the assets of Missoula, Mont.-based Big Sky Underwriters Inc. “The people of Big Sky are well respected in...

XL Forms Global Product Development

Apr 11 2008 // Bermuda-based XL Insurance, the global insurance operations of XL Capital Ltd., has announced the formation of a global Product Development team to further address customers’ risk management needs. “The team...

London American Promotes Carson and Triola to VP Spots

Apr 9 2008 // Houston-based property casualty insurance wholesaler London American Risk Specialists Inc. announced it has promoted Zane Carson and Jennie Triola to vice president positions. Formerly director of Marketing for London...

Kaufman/Burns & Wilcox Expands in London; Joins with C.J. Coleman

Apr 9 2008 // Alan Jay Kaufman is bucking the business tide in Michigan. While many companies are retrenching their business, Kaufman is going global. Kaufman, chairman, president and CEO of the national specialty insurance wholesaler...

London American Risk Specialists, Inc Announces a New A.M. Best Rated A XV Admitted Market for Energy Contractors

Mar 31 2008 // March 31, 2008 – London American Risk Specialists, Inc an independently owned & operated surplus lines/ wholesale brokerage firm, headquartered in Houston, TX, announces a new A.M. Best Rated A XV admitted...

Marsh Warns London Firms ‘Under-prepared’ for Terrorist Attack

Mar 24 2008 // Despite the past deadly attacks and the continuing threat of renewed violence, “London firms appear under-prepared for a terrorist attack,” concludes Marsh from the results of an ad hoc poll. Marsh conducted a...

Brown & Brown Inc. Launches London Wholesaler, Decus Insurance

Mar 5 2008 // Florida-based Brown & Brown Inc. opened a London-based wholesale brokerage, Decus Insurance Brokers, Limited (D.I.B.) on March 1. According to Regional Executive Vice President Anthony T. Strianese, D.I.B. is Brown...

Ratings Roundup: Novae, PartnerRe S.A., Steamship Mutual

Mar 4 2008 // Standard & Poor’s Ratings Services has revised its outlook on U.K.-based Novae – Syndicate 2007 to positive from stable. S&P also affirmed its Lloyd’s Syndicate Assessment (LSA) of...

OdysseyRe Taps Young to Head Global Insurance, London Market Operations

Feb 26 2008 // U.S.-based Odyssey Re Holdings Corp. announced that, effective April 1, 2008, Brian Young will become Chief Executive Officer – Global Insurance and London Market Operations. He presently manages OdysseyRe’s...

People

Feb 24 2008 // San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and...

Lloyd’s Market Reform Group Sees End of Paper Processing

Feb 20 2008 // The slipcases at Lloyd’s are slowly going the way of the buggy whip. In a recent announcement the Market Reform Group (MRG) published details of the arrangements which, it said, “will see the end of paper...

Fire Destroys Part of London’s Camden Market; No Casualties Reported

Feb 11 2008 // A major fire broke out late Saturday at London’s famous Camden market, ripping through one of the city’s top tourist draws and a nearby celebrity hangout, fire officials and witnesses said. Flames from the...

Lockton Creates China Desk in London

Feb 11 2008 // Lockton has created a China Desk in London managed by Jiong Zhang, to reinforce the global broker’s existing relationships with insurance and reinsurance clients in the Far East. Lockton’s Executive Chairman...

Willis-Marsh? A Firm ‘No Comment’ But Rumors Persist

Feb 10 2008 // The rumors, and at this point that’s all they are, apparently started with a brief report on CNBC that Willis Group Holdings had expressed interest in acquiring Marsh Inc. from MMC. Is there any truth in it?...

N.Y. Panel Urges London-Style Financial Services Regulation

Jan 23 2008 // A commission helping redraft the regulatory framework for New York’s finance industry is considering placing greater emphasis on “principles” than on strictly defined rules, Gov. Eliot Spitzer...

Willis/Marsh? A Firm ‘No Comment,’ But Rumors Persist

Jan 22 2008 // The rumors, and at this point that’s all they are, apparently started with a brief report on CNBC that Willis Group Holdings had expressed interest in acquiring Marsh, Inc. from MMC. Is there any truth in it?...