Latest London Headlines

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

Lloyd’s Celebrates 20 Years of Support to Univ. of Ky. Veterinary Science Department

Apr 21 2005 // Lloyd’s of London is celebrating its 20th anniversary as a supporter of the University of Kentucky in Lexington. Since the mid-1980s, Lloyd’s of London underwriters, brokers and their Kentucky agents have given...

Hurricanes Lower Hiscox 2004 Profits to $148 Million

Mar 14 2005 // U.K. insurer Hiscox plc reported a drop in profits for 2004 of around 8 percent, posting a net figure of £77 million ($148.1 million), compared to £83.4 million ($160.5 million) in 2003, as losses from the Florida...

Jardine Lloyd Thompson Secures Lloyd’s of London Protection for Financial, Healthcare Sectors

Mar 9 2005 // JLT Risk Solutions Ltd. and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc, reported insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection...

Jardine Lloyd Thompson Secures Lloyds of London Ins Protection to Financial & Healthcare Sectors as Identity Theft Grows

Mar 3 2005 // London: JLT Risk Solutions Ltd and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc (JLT.LN) said today insurance capacity has been secured within the Lloyd’s of London market to provide new...

Imagine Group Completes Danish Re Acquisition

Feb 24 2005 // The Barbados-based Imagine Group announced that its subsidiary, Imagine Insurance Company Limited, has completed the acquisition of Danish Re (Bermuda) Ltd. and all related subsidiaries of the Danish Re Group...

Ind. Jury Says PSI Not Entitled to Insurance Recovery

Feb 24 2005 // A Hendricks County (Indiana) jury returned a verdict this week finding that Cinergy Corp. subsidiary PSI Energy Inc. was not entitled to any insurance recovery from its London Market Insurers for the costs incurred as a...

Quanta Capital Opens London Branch Office

Feb 23 2005 // Bermuda-based Quanta Capital Holdings Ltd., which provides specialty insurance, reinsurance and risk consulting services through its subsidiaries, announced the opening of a London insurance branch following the receipt,...

The Go-To Guy

Feb 21 2005 // Depending upon which side of the fence you stand, the excess and surplus insurance market is either too expensive and too unregulated, and therefore unreliable, or the right solution for a complicated risk at a difficult...

Lloyd’s Decreases 2005 Market Capacity; S&P Reports on Syndicates

Feb 2 2005 // Standard & Poor’s Ratings Services has published the first of its quarterly reports on the members and syndicates at Lloyd’s. The study follows confirmation that the world’s oldest insurance market...

Heath Turns the Corner as Colemont Insurance Brokers

Jan 24 2005 // At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was born—twice, it could be argued. The company that became Heath Insurance Brokers, one of...

Heath Turns the Corner as Colemont Insurance Brokers

Jan 24 2005 // Name May Be Changing but Company’s Service, Business Practices Stay the Same At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was...

Best Affirms Rating for The Steamship Mutual Underwriting Association; Outlook Stable

Jan 6 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of The Steamship Mutual Underwriting Association Ltd (Steamship London) (London, England). The outlook has been changed to stable from negative, in...

Guy Carpenter Unveils Disclosure Doctrine

Dec 16 2004 // Guy Carpenter & Company, Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has published a “Disclosure Doctrine” for treaty placements globally. The new...

Brand Joins GE Ins. Solutions London Marine Team

Dec 15 2004 // GE Insurance Solutions announced that Tom Brand has joined the company’s marine team in London as a cargo underwriter. He has 17 years’ experience in the London market, and in addition to his expertise as an...

Prime Authorized to Write Surplus Lines in Washington

Dec 7 2004 // Sandy, Utah-based Prime Insurance Syndicate Inc. announced that it has received approval to write surplus lines insurance business in the state of Washington effective as of Nov. 1, 2004. Prime, which offers solutions for...

Hurricane Spitzer to Take London by Storm

Dec 6 2004 // There’s still some sense of disbelief over here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...

Hurricane Spitzer to Take London by Storm

Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...

Hurricane Spitzer to Take London by Storm

Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...

Montpelier Re Chairman Taylor Wins Industry Award

Dec 3 2004 // Bermuda-based Montpelier Re Holdings Ltd.’s Chairman, President & CEO, Anthony Taylor, has been named “Outstanding Achiever of the Year” at the 2004 Insurance Day Awards, held on Dec. 1 in...

EnPro Industries, Insurers Settle Asbestos Dispute

Nov 30 2004 // EnPro Industries on Tuesday announced that it has reached an agreement to settle the current and future asbestos-related insurance claims of EnPro subsidiaries against the vast majority of its solvent London-market...