Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Update: Uber Braces for UK Legal Battles that Could End Its Reign in London
Jul 21 2020 // Uber Technologies Inc. is bracing for a long summer of legal battles that could see the end of its reign in London and entitle its drivers to a long list of workers’ rights. A dispute over whether its drivers should...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case
Jul 20 2020 // UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol, telling a London court that businesses had no choice but to shut down...
London Market Group Launches Template for Free Trade in Financial Services
Jul 17 2020 // The London Market Group (LMG) launched a paper outlining an ambitious approach to free trade in financial services, using the forthcoming UK-Switzerland trade discussions as a template for an approach to other third...
Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm
Jul 16 2020 // Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new...
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela
Jul 14 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions
Jul 13 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
London Workers Seek Assurance Transport System Is Safe Before Returning to Offices
Jul 9 2020 // Workers in the City of London need to have greater confidence that traveling on the capital’s public transport system is safe before they will return to their offices amid “mixed messages” from officials,...
Willis Re Taps Moss from Lockton Re as Co-Head of Specialty Casualty Unit in London
Jul 8 2020 // Willis Re, the reinsurance division of Willis Towers Watson, announces the appointment of James Moss as co-head of Willis Re Specialty’s Casualty practice. In his role, Moss will work in tandem with Chirag Shah to...
AXA XL Names McGovern as CEO UK & Lloyd’s Market
Jul 8 2020 // AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval. McGovern had been performing the role on an interim basis for some months and has now been...
New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses
Jul 8 2020 // Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new...
American Companies Facing Pressure to Reveal Data on Diversity of Employees
Jul 6 2020 // American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide protests against racial discrimination. Many executives have...
Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms
Jul 6 2020 // LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding...
Car Crashes Became Deadlier During Lockdowns Across Globe
Jul 6 2020 // Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows. In New York City,...
Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets
Jul 2 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk Solutions (GRS) has formed a new team, Sompo GRS Europe, based in...
UK Proposals for Financial Services ‘Unacceptable:’ EU Brexit Negotiator
Jul 1 2020 // LONDON – British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the...
Car Crashes Became Deadlier During Lockdowns Across Globe: Reuters Insight
Jun 30 2020 // LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis...
Brit Global Specialty USA Transfers Renewal Rights for Cargo Business to Falvey Cargo
Jun 29 2020 // Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2. As part of the deal, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as...
RKH Specialty Appoints 14 New Aviation Experts in London and Colombia
Jun 29 2020 // RKH Specialty, the London-headquartered wholesale insurance and reinsurance broker, announced the appointment of 14 new senior Aviation experts in London and Colombia, as part of RKH’s wider plan of building the...
Some Facts About London’s Role in Insuring the Slave Trade
Jun 19 2020 // London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism. This reappraisal was triggered by the death of George Floyd, a black man who died after a...
Update: Lloyd’s of London Apologizes for Its ‘Shameful’ Role in Atlantic Slave Trade
Jun 18 2020 // The Lloyd’s of London insurance market has apologized for its “shameful” role in the 18th and 19th Century Atlantic slave trade and pledged to fund opportunities for black and ethnic minority...
