Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Arch Insurance Names Robert T. Van Gieson President & CEO of Arch London
Aug 27 2003 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that Robert T. Van Gieson has been named to the position of President and CEO of Arch Capital UK Ltd., Arch’s London operation,...
George Bolton Named as Zurich’s First London Trade Credit Underwriter
Aug 26 2003 // Zurich North America and Zurich London announced that George Bolton has joined the London office as their first trade credit insurance underwriter in that location. He has transferred from Zurich’s Washington, D.C....
Trenwick Group to Sell London Subsidiaries to Bestpark
Aug 22 2003 // Trenwick Group Ltd. announced that its subsidiary Trenwick Holdings Limited has entered into a definitive agreement with Bestpark Limited, an affiliate of Litigation Control Group Limited (LCL), for the sale of all of the...
London American Offering Contractor Markets
Jul 29 2003 // London American continues to roll out a number of diverse contractor markets for California with strong financial rated carriers. London American has an Artisan Service and Repair In-House Exclusive Program with an A+XV...
London American Has Four Markets for Commercial Auto
Jul 25 2003 // London American has available up to four markets for commercial auto in California. Classes include: Contractors, Retailers, Wholesalers and manufacturers. The markets offer light to extra heavy units with local to...
XL Capital Receives Keys to New London Headquarters
Jul 23 2003 // XL Capital Ltd announced that it has acquired the keys to offices at 70 Gracechurch Street, London, EC3, which will become its new London headquarters. XL is to move to the new premises in the summer of 2004, consolidating...
Lloyd’s Of London Seeks Approval for Reinsurance License in China
Jul 23 2003 // Lloyd’s of London chairman Lord Levene will file a submission soon seeking approval to establish an on-shore reinsurance branch in China. Having an on-shore presence would allow Lloyd’s to reinsure local...
ACE INA UK Announces 2003 Half-Year Results
Jul 22 2003 // ACE’s creation of a unique London-based trading floor is paying considerable dividends for ACE INA UK Limited, the newly re-authorised business of the ACE European Group. Results for the first six months of trading...
A.M. Best Affirms Rating of Lloyd’s of London
Jul 18 2003 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business...
Arch Adds Executive Assurance Operation in London
Jul 14 2003 // Arch Insurance Group, a division of Arch Capital Group Ltd., announced that Jane Comerford was named to the position of vice president, Executive Assurance. In her new role, Comerford will focus on developing Arch’s...
London Insurers Win Seattle Pollution Trial
Jul 8 2003 // Lloyd’s Underwriters and other London Market Insurers announced that a Seattle jury had found in their favor after a three week trial in their dispute with Puget Sound Energy, Inc. (“PSE”), a large gas...
London American General Agency Unveils Calif. Small Used Car Dealer Program
Jun 30 2003 // London American General Agency announced its new exclusive California Used Car Dealer Program. Written through an A VX rated insurer, this program is underwritten in-house and the carrier is non-admitted. Coverage...
London American Unveils New Calif. Small Restaurant Program
Jun 25 2003 // London American has unveiled a new Small Restaurant program for California. Written on a non-admitted basis with an A XV insurer, the new program will target independently-owned small restaurants, fast food restaurants,...
Arch Expands London Energy Operation with New VP Appointment
Jun 25 2003 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that William P. O’Malley Jr. has been named to the position of Vice President, Energy, beginning June 28. He will be based in the...
AXIS Opens London Branch Underwriting Office
Jun 18 2003 // Bermuda-based AXIS Capital Holdings Limited announced that it has received regulatory approval for the establishment of a London branch of its European insurance subsidiary, AXIS Specialty Europe Limited. AXIS recently...
Calif. Business Owner Wins Appeal Against Lloyds of London
Jun 4 2003 // The California Court of Appeal recently ruled that Lloyd’s of London could not force a self-employed plumbing contractor to arbitrate his claim for bad faith denial of disability insurance benefits. Trial Lawyers for...
Allied World Opens London Underwriting Branch
May 22 2003 // Bermuda-based Allied World Assurance Holdings, Ltd announced the opening in London of the first underwriting branch of its Irish insurance subsidiary, Allied World Assurance Company (Europe) Limited (AWAC-E), under the...
Full Speed Ahead
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
Full Speed Ahead
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
ACE Financial Solutions International Makes Appointments
Apr 21 2003 // Bermuda-based ACE Financial Solutions International, Ltd. announced the promotion of both Mark Lima and Simon Burton to the position of executive vice president. Both Lima and Burton will continue to report directly to...
