Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Best Assigns ‘B++’ Rating to London General
Aug 11 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “B++” (Very Good) to U.K.-based London General Insurance Company Ltd. (LGI) with a stable outlook. “The rating reflects the...
London Welcomes International Insurance Society’s 40th Annual Meeting
Aug 9 2004 // The International Insurance Society’s (IIS) 40th annual conference opened in London with a reception on July 11 and concluded on July 14 with a final gathering at Swiss Re’s imposing new headquarters. The...
London Club Stresses Value of Cohesive Claims Defense
Aug 3 2004 // The London P&I Club reported the successful outcome of a recent dispute in the London High Court involving one of its members is an example of the critical value of swift and detailed claims investigations conducted...
EnPro, Equitas Reach Agreement on Asbestos Dispute
Jul 20 2004 // EnPro Industries of Charlotte, N.C., and London-based Equitas announced they have reached a comprehensive agreement to settle the current and future insurance claims of EnPro subsidiaries against certain underwriters at...
I.I.S. Concludes 40th Annual Meeting in London
Jul 15 2004 // The International Insurance Society’s 40th annual convention concluded proceedings yesterday, July 14, in London. The three-day meeting featured presentations and panel discussions from industry leaders. Patrick...
Cooper Gay Opens San Francisco Office
Jul 6 2004 // London-based Cooper Gay Group, an independent insurance and reinsurance broker, has opened a San Francisco office to complement their existing wholesale insurance network in North America. The new San Francisco office at...
Another Soft Market Creates a Hard Reality
Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...
Aspen U.K. to Expand London Market Portfolio
Jun 29 2004 // Aspen Insurance UK Limited has announced that it intends to expand its London market insurance portfolio. Aspen’s bulletin said it has created “a new underwriting team headed by liability specialist John...
Larry Joins London American General Agency
Jun 28 2004 // London American General Agency Inc. in San Diego announced the addition of Vicki Larry as an underwriter broker to its expanding California operation. She has previously served in positions at Arrowhead Brokerage in San...
FGIC Names Watson Managing Director-London Office
Jun 24 2004 // Financial Guaranty Insurance Company (FGIC) announced that Rick Watson has been appointed Managing Director-Structured Finance in the company’s London office, effective June 22. Before joining FGIC, Watson headed ABS...
Zurich Global Energy Appoints Two Senior Executives
Jun 23 2004 // Zurich Financial Services announced the promotion of Martin Clark to head of its Global Energy Unit in London and Nick Hodges to the position of international energy property director in its Zurich Global Energy(R)...
Canada’s RSGC Acquires 49% Stake in London Broker
Jun 23 2004 // The Toronto-based RS Group of Companies, Inc. (RSGC), formerly Rent Shield Corp., a provider of pass-through risk specialty insurance and reinsurance products, announced that it has completed the purchase of 49 percent of...
People and Places
Jun 21 2004 // Pete Brown Concord, Calif.-based Jenkins Athens Group has named Pete Brown to its board of directors. Brown, the company’s former president, founded Athens Administrators in 1976 as a wholly-owned subsidiary of...
FGIC Appoints Velins London Managing Director
Jun 11 2004 // Financial Guaranty Insurance Co. announced that Robert Velins has joined the company as Managing Director, International Finance, effective June 1. He is based in London and has primary responsibility for FGIC’s...
CII Announces Senior Appointments
Jun 4 2004 // The U.K.’s Chartered Insurance Institute (CII) has announced the appointment of four senior personnel as part of its drive to enhance the services provided to members and corporate customers. Jamie Heath joins the...
London American General Agency Appoints Meeker as No. Cal Marketing Representative
May 28 2004 // London American General Agency Inc. has announced the appointment of Ken Meeker as marketing representative for Northern California. Previously, Meeker held the position of underwriter in London American’s San Diego...
Meeker and Horde Join London American General Agency
May 25 2004 // London American General Agency of Arizona Inc. recently announced the addition of Donna Meeker, while Margaret Horde was hired for London American’s San Diego office. Meeker joins London American as a broker. She has...
Hearings Close on Halliburton Sub’s Bankruptcy Plan; Settlements With Insurers Expected
May 12 2004 // Houston-based Halliburton reported the completion of hearings regarding subsidiary DII Industries’ proposed plan of reorganization. The company said recently it expects that necessary bankruptcy court and district...
Halliburton Close to a Deal on Asbestos Liabilities
May 11 2004 // Houston-based Halliburton appears to be closer than ever to settling outstanding asbestos liabilities. There are more than 400,000 claims, exceeding $4 billion. The company announced that the bankruptcy court in...
XL’s London Market CEO to Leave Post
May 3 2004 // XL Capital Ltd. announced that Nicholas J. Metcalf, Chief Executive Officer of the Company’s Lloyd’s operation, XL London Market Ltd., has decided to leave the Company to pursue other business interests. Clive...
