Latest London Headlines

All the headlines from our London Topic Page, ordered by recency.

S&P Upgrades Lloyd’s Ratings to ‘A+’

Apr 24 2007 // Not so long ago it was beginning to look like “A” ratings were an endangered species. However, after a lot of belt tightening (and a benign year for nat cats in 2006), the rating agencies have been raising,...

ABI Calls on MP’s to Improve Young Driver Safety

Apr 20 2007 // The Association of British Insurers urged the Government to take action to reduce the “number of young people killed or seriously injured on the UK’s roads,” particularly in the London area, where the ABI...

Sellek Named as Managing Director for Best Europe

Apr 20 2007 // A.M. Best Co. announced that Roger Sellek will be joining the rating agency as Managing Director – Global Financial Services for A.M. Best Europe in early May. He will work from Best’s London offices and will...

Small London company uses computer archive to help find stolen art

Apr 9 2007 // News Currents The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So...

European Insurance Forum puts Ireland in the spotlight

Apr 9 2007 // Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...

Lexington Forms London-based Casualty Mid Excess Unit

Apr 6 2007 // American International Group’s Lexington Insurance Company announced that its London operation has formed a new Casualty Mid Excess unit offering $50 million in capacity. Lexington said: “The unit will focus on...

Bermuda Not a Threat; Lloyd’s Welcomes ‘Healthy Competition’

Apr 5 2007 // The London Market in general and Lloyd’s in particular has been having an ongoing debate for the last few years over the place Bermuda-based companies occupy in the overall market. Are they basically competitors, who...

Broker Integro Forms International Unit Based in London

Apr 5 2007 // Integro Ltd., a New York-based insurance brokerage and risk management firm, is forming an international insurance and reinsurance business unit based in London. The new group will offer worldwide insurance and reinsurance...

Integro Forms London Insurance & Reinsurance Unit

Apr 5 2007 // New York-based Integro Ltd. announced the formation of an international insurance and reinsurance business unit to be based in London. The group will offer global insurance and reinsurance business capabilities for...

London Boroughs Form First Local Mutual Insurer in 100 Years

Apr 2 2007 // London is a huge city. 7,500,000 million people live within its city limits and over 14 million in the greater Metropolitan area. Sometimes bigger isn’t necessarily better. That appears to be the impetus behind the...

Best Downgrades Steamship Mutual Bermuda and UK Ratings

Mar 29 2007 // In separate bulletins A.M. Best announced that it has downgraded the financial strength rating of The Steamship Mutual Underwriting Association (Bermuda) Limited (the Club) and its UK operation Steamship London to...

Xchanging Prepares IPO

Mar 27 2007 // London-based Xchanging announced plans for an initial public offering, and the listing of its shares on the London Stock Exchange. The offer is limited to the UK and selected European countries; no listing will be made in...

London Looks for ‘Best Marine Talent ‘

Mar 27 2007 // Lloyd’s and the London markets are about to launch a new campaign “to encourage the brightest young talent in the marine market to play a role in shaping its future.” The Lloyd’s Market Association...

Firm has learned the art of tracking stolen masterpieces

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Small London firm uses computer archive to help find stolen art

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Firm has learned the art of tracking stolen masterpieces

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

European Insurance Forum Puts Ireland in the Spotlight

Mar 19 2007 // 18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...

Small London Company Uses Computer Archive to Help Find Stolen Art

Mar 5 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Aon CEO Stresses Lloyd’s Need for ‘Speed of Access’

Mar 5 2007 // Greg Case, Aon’s president and CEO, told an attentive London audience (as summarized on the Lloyd’s web site – www.lloyds.com) that the City would retain its pre-eminence in the global risk and insurance...

London American Professional Liability, LLC introduces a new Accountants Professional Liability Program

Feb 28 2007 // Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL), a Program Administrator and MGA, introduces a new program for Accountants Professional Liability. The program is being offered in most states...