Latest London Headlines

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

Best Upgrades London General to ‘A-‘

Nov 7 2006 // A.M. Best Co. has upgraded the financial strength rating to “A-” (Excellent) from “B++” (Very Good) of the U.K.-based London General Insurance Company Limited (LGI) and Combined Life Assurance...

Submitting, underwriting and placing lawyers professional liability

Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...

Submitting, underwriting and placing lawyers professional liability

Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/engineers. While...

Submitting, underwriting and placing lawyers professional liability

Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...

U.S. legal precedents assume larger role in corporate oversight

Nov 6 2006 // European PLUS conference explores an emerging international D&O market Maybe it’s part of the globalization process; maybe it’s due to the increasing sophistication of private investors and fund managers,...

Submitting, underwriting and placing lawyers professional liability

Nov 5 2006 // Lawyers’ professional liability is a bit different from other professional liability risks, and there appears to be interest in providing coverage for the risk. Back in the 1970s, lawyers professional liability used...

Submitting, underwriting and placing lawyers professional liability

Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/engineers. While...

Submitting, underwriting and placing lawyers professional liability

Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...

Submitting, underwriting and placing lawyers professional liability

Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...

U.S. legal precedents assume larger role in corporate oversight

Nov 5 2006 // Maybe it’s part of the globalization process; maybe it’s due to the increasing sophistication of private investors and fund managers, or maybe it’s the legal profession prospecting for additional income...

Catlin/Wellington Finalize Share Offer; Merger to Create Lloyd’s Largest Underwriter

Oct 30 2006 // The Boards of Directors of Catlin Group Limited and Wellington Underwriting Plc have agreed on the terms of a recommended Offer to be made by Catlin for the whole of the issued and to be issued share capital of Wellington....

Willis Posts $89 Million Q3 Net Income

Oct 27 2006 // Global broker Willis Group Holdings Limited reported net income for the quarter ended September 30, 2006 of $89 million, or $0.56 per diluted share, compared with net income of $45 million, or $0.28 per diluted share, a...

Hiscox Prepares Move to Bermuda Holding Company

Oct 25 2006 // London’s Hiscox plc, announced progress in its reorganization plan to establish a Bermuda-based holding company. Hiscox announced that a circular setting out full details of the corporate reorganization together with...

S&P’s Positive Reaction to Equitas/National Indemnity Deal

Oct 20 2006 // Standard & Poor’s Ratings Services reacted positively to the news that Berkshire Hathaway’s National Indemnity will initially back and could eventually take over Lloyd’s run-off vehicle Equitas Ltd....

The Future for Agents’ E & O

Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...

New Markets

Oct 9 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted...

The Future for Agents’ E&O

Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...

FSA Head Warns U.K. Brokers on Commission Disclosure

Oct 4 2006 // John Tiner, the head of the U.K.’s Financial Services Authority, warned U.K. brokers that, unless the market comes up with a solution on the issue of disclosing brokers’ commissions, the FSA would be...

Bharal Named ACORD RLC Program Director

Sep 28 2006 // ACORD promoted Puneet Bharal as program director for its Reinsurance and Large Commercial (RLC) standards program. He formerly served as the RLC Program Manager. In this new position, Bharal will manage the RLC standards...

Swiss Re/London American Launch New Utility Program

Sep 27 2006 // Swiss Re and London American Risk Specialists Inc. launched a program for small to medium-sized private and public utilities. The program, which includes classes of business for utilities such as gas, electrical, water and...