Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Ebix Acquires Online Insurance Tech Provider TriSystems
Aug 15 2012 // Atlanta-based Ebix, Inc, a supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired London-based TriSystems Ltd., an online insurance trading hub that facilitates...
Catlin Names Curran to Head London Casualty Operations
Aug 15 2012 // The Bermuda-based Catlin Group Limited announced that Daniel Curran has been appointed Head of Casualty for Catlin’s London based underwriting operations. He will have responsibility for “a wide range of...
Olympics: IOC President Closes ‘Happy and Glorious’ Games
Aug 13 2012 // The London Olympics were described as “happy and glorious” by International Olympic Committee President Jacques Rogge on Sunday as he officially closed the 30th Summer Games. “These were happy and...
Markel Posts $89.7M Q2 Profit, Buoyed by Improved Underwriting Results
Aug 9 2012 // Glen Allen, Va.-headquartered Markel Corp. on Thursday posted $89.69 million net income to shareholders for its 2012 second quarter, a 197 percent increase from $30.31 million income reported a year earlier. Markel...
U.S. Regulators Angered By N.Y. Action Against StanChart
Aug 8 2012 // The U.S. Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an explosive attack on Standard Chartered Plc over $250 billion in alleged money...
UK Bank May Have Hidden $250 Billion in Iran Deals; May Lose U.S. License
Aug 7 2012 // New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran,...
Allianz Adds London, Nice Stadiums to Its ‘Family’
Jul 27 2012 // Germany’s Allianz announced that it has added two new stadiums to the Allianz Family of Stadiums. Allianz France signed a long-term naming rights contract for the new “Allianz Riviera” in Nice, and...
UIB Restructures Property Team to Promote Growth
Jul 23 2012 // London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed Mark Ritson, formerly a UIB Energy director, to head the property...
People – South Central
Jul 23 2012 // Don Whitaker, president and owner of Whitaker Insurance Associates Inc. in San Antonio, has been named president-elect of the Independent Insurance Agents of Texas (IIAT) for 2012-201. The association elected Pat Arthur,...
Former Lloyd’s Head Lord Levene Named Starr International Vice Chairman
Jul 18 2012 // Lord Peter Levene, former chairman of Lloyd’s of London, has been appointed a director and vice chairman of the global insurance firm Starr International Co. Inc., Starr Chairman and Managing Director Maurice R....
Let the 2012 Olympic Games Insurance Challenges Begin!
Jul 17 2012 // As images and sound are beamed from the UK to devices all over the world, insurers and reinsurers will play a key role in the transmission of the 2012 Olympic Games that run from July 27 to Aug. 12 in London. Lee Tookey,...
Oklahoma Governor, Insurance Commissioner Visit Lloyd’s of London
Jul 17 2012 // Oklahoma Gov. Mary Fallin, Insurance Commissioner John D. Doak and insurance industry executives, have met with insurance market representatives at Lloyd’s of London to discuss the state’s $15 billion insurance...
Cancelling London Olympics Would Cost over $4.9 Billion: Munich Re
Jul 16 2012 // Cancelling the London Olympics due, for example, to a security threat would result in damages of more than €4 billion ($4.9 billion), Andrew Duxbury, underwriting manager at Munich Re, told a German...
Ironshore Europe Makes 3 Executive Appointments for London Office
Jul 12 2012 // Ironshore Europe Limited announced three executive appointments in its London office, effective immediately, “to align management leadership with business development opportunities within European markets,”...
ABI Chides UK’s Riot Compensation Scheme for Shortchanging Londoners
Jul 11 2012 // A bulletin from the Association of British Insurers (ABI) indicates that “while insurers reacted quickly to help customers hit by last August’s riots, the riot compensation scheme has failed too many...
Florida Governor to Visit Lloyd’s of London
Jul 9 2012 // Florida Gov. Rick Scott is jetting off for foreign soil again — this time to the United Kingdom. Scott and his entourage left Saturday on a five-day trip that will include a visit to the world’s leading market for...
Devall to Lead London Business for Crawford’s U.S. Property/Casualty Unit
Jun 29 2012 // Longtime London market executive James B. Devall has joined Crawford & Co. in its Dallas office to lead the company’s London-fronted business in the U.S. As vice president and managing director of London program...
Catlin Names Huebel CEO of Canadian Unit, Other Executive Changes
Jun 28 2012 // The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada is the Group’s Canadian underwriting hub, headquartered in Toronto with...
London Stung by U.S. Attack on Bank Regulation Record
Jun 21 2012 // Calling London a haven of regulatory loopholes that spawns financial trading disasters could make it harder to align new transatlantic rules, figures in London’s financial and legal circles said on...
Marine Protection Provider GAC Urges ‘Non-lethal’ Measures for Ship Safety
Jun 20 2012 // London-based GAC Protective Solutions, a company specializing in providing onboard crew training, pre-voyage preparation and defensive configurations for vessels traveling into high risk areas, has indicated that...
