Latest London Headlines

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

Lloyd’s Market

Mar 19 2006 // Lloyd’s Chairman Lord Levene with newly-appointed Chief Executive Richard Ward. New chief charged with improving market efficiency, moving the market to the next level By Charles E. Boyle In an announcement that...

By W. Randolph Zator

Mar 19 2006 // Not all Oil & Gas programs are created equal The American market has expanded in numbers from AIG Oil Rig, principally alone 30 years ago, to perhaps 10 domestic energy markets. Other foreign carriers in Bermuda and...

London Asia Capital Unveils Mongolian Joint Venture

Mar 7 2006 // London Asia Capital PLC, a U.K.-based investment and merchant banking group focusing on “Greater China,” announced creation of London Asia Capital Mongolia Ltd., a 60/40 joint venture with Capitron Bank of...

Insurers’ Photography Tells Story of ’06 San Francisco Quake

Mar 7 2006 // Finding old photographs to mark the centennial of California’s 1906 “Great Quake” and fire was the easy part of Corey Keller’s job as an assistant curator at the San Francisco Museum of Modern...

XL Insurance Notes New Developments in Global Aerospace Operations

Mar 6 2006 // David Duclos, COO for XL Capital Ltd’s (“XL”) insurance operations (“XL Insurance”), reported changes within XL Insurance’s global aerospace business. London-based Peter Bilsby has been...

People & Places

Feb 20 2006 // Lansing, Mich.-based Accident Fund Insurance Company of America has hired Michael K. Britt as its new executive vice president of insurance operations. The newly-created position includes oversight of the business...

Litigating Claims Against the London Market Noted by Research and Markets

Feb 15 2006 // Research and Markets (http://www.researchandmarkets.com/reports/c32764) reported the addition of Insurance Coverage Dispute to their offering. The authors explain all aspects of litigating insurance coverage disputes in...

XL Insurance Names New Country Manager, Deputy for UK and Ireland

Feb 8 2006 // Clive Tobin, chief executive responsible for XL Capital Ltd’s insurance operations, reported further organizational changes within XL’s UK office. Donal Kelly, who has been with the XL group for six years, has...

Lloyd’s disconnects troubled Kinnect technology

Feb 6 2006 // Ultimately “all the King’s horses and all the King’s men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

Lloyd’s disconnects troubled Kinnect technology

Feb 5 2006 // Ultimately “all the King’s horses and all the King’s men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

Lloyd’s Faraday Announces Underwriting Appointments

Feb 2 2006 // Faraday Group, the broker-focused Lloyd’s managing agent and London-based reinsurance group, announced the approval of the appointments of Mark Rayner and Paul Ceurvorst as joint Chief Underwriting Officer and Active...

Mass. Lawyer Hid Stolen Cezanne, Other Paintings for 28 Years

Feb 2 2006 // A retired Massachusetts lawyer secretly held seven stolen paintings, including a Paul Cezanne still-life worth millions of dollars, for 28 years because he wanted a 10 percent finders fee, the Boston Globe reported...

RI3K Head Warns Lloyd’s of Need to Reform to Survive

Jan 26 2006 // In a speech to the Insurance Institute of London yesterday, Jan. 25, Alex Letts, the Chief Executive of RI3K Ltd. – the London-based provider of platform technology infrastructure for the reinsurance industry,...

Lloyd’s Shuts Kinnect

Jan 24 2006 // Ultimately “all the King’s horses and all the King’s Men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

People & Places

Jan 23 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents‘ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...

People

Jan 22 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents’ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...

Starr Excess International Names Warwicker COO

Jan 19 2006 // Mike Warwicker has been named chief operating officer for Starr Excess International Liability Insurance Company, LTD, where he will have management responsibility for the Dublin headquarters and the London and Bermuda...

Lloyd’s Launches “Optimal Platform” to Meet Foreign Competition

Jan 17 2006 // Lloyd’s has launched a new three-year plan to keep the London market healthy in the face of growing foreign competition, especially from Bermuda. The plan, called the Optimal Platform, outlines a “package of...

U.K. Experts Warn of Continuing, Evolving Global Terrorist Threats

Jan 5 2006 // A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the...

London’s Mayor Says “Disorganized” Terror Threats Persist

Dec 27 2005 // Ken Livingstone, London’s high-profile mayor, told interviewers on BBC Radio 4 that threats from terrorist attacks in the U.K.’s capital persist, but are largely disorganized. He noted that the July 7...