Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Lloyd’s Presents Strong Defense Against Names in Jaffray Case
May 29 2000 // For the past two months, Lloyd’s has been presenting evidence in the Jaffray case before Mr. Justice Cresswell in London, defending itself against allegations of fraud made by more than 200 “Names” (IJ...
Lloyd’s To Adopt New Standards For Brokers – Opening London Market
May 25 2000 // Last October Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation of Lloyd’s brokers. Now the results...
MBIA Opens London Office
May 18 2000 // Financial guarantee services provider MBIA Insurance Corp. announced that it is transferring its global marketing effort to London, and has opened an office there. John B.Caouette, Vice Chairman of MBIA, will head up the...
Talks Prolonged on London/Frankfurt Stock Exchange Merger
Apr 28 2000 // The ongoing negotiations between London and Frankfurt to merge their stock exchanges have apparently reached a critical stage. The management and the supervisory boards of the Frankfurt Exchange were set to meet today and...
LLoyd’s “MWD”- Opening the London Market
Apr 28 2000 // Just months after its launch last January, the Market Wordings Data Base (MWD) has begun to fulfill its role in unifying and modernizing the London insurance market. MWD provides a database with more than 8,000 entries...
American Names Set to Take on Lloyd’s of London on Home Turf
Apr 24 2000 // The accusations are fierce, the stories heart-wrenching. Lost homes, marriages, fortunes and even lives are piling up on the doorstep of Lloyd’s of London, which has been accused for years of not disclosing potential...
AIG Sues Over London Train Crash
Apr 20 2000 // Last October a commuter train, operated by Thames Trains, collided with an incoming express train just after leaving London’s Paddington Station, killing 31 people and injuring many more. While the government...
Royal London To Buy United Assurance
Feb 25 2000 // Life and pensions insurer Royal London announced that it has reached agreement with door-to-door mutual insurer United Assurance Group (UAG) to take over the company for £1.5 billion ($2.4 billion). This new consolidation...
Tempest Re Appoints New Head
Feb 7 2000 // Tempest Reinsurance Co. Ltd., subsidiary of ACE Limited, announced the appointment of Wayne A. Daniel to head the London office, which oversees European and Asian operations. He is expected to head the expansion of...
