Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
News Corp. Admits Guilt, Settles Hacking Claims
Jan 19 2012 // The British newspaper arm of Rupert Murdoch’s News Corp. looks set to settle at great expense a string of legal claims after admitting wide-scale phone hacking that was both known about and concealed by senior...
IUA to Compile New Statistical Analysis of the London Insurance Market
Jan 17 2012 // The International Underwriting Association announced a number of new initiatives to enhance and expand its statistics for the London company market in 2012. In 2011 it published a “groundbreaking analysis that...
Aon To Move Corporate Headquarters to London
Jan 13 2012 // Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important...
Internet Begins New Chapter with .yournamehere Domains
Jan 12 2012 // A quiet Internet revolution begins on Thursday. Organizations can begin applying to name and run their own domains instead of entrusting them to the operators of .com, .org, .gov and others. Up to 2,000 applications are...
N.J.-based Exceptional Risk Advisors Appoints Head of Sports Division
Jan 11 2012 // Exceptional Risk Advisors, a Lloyds’ of London managing general underwriter in Mahwah, N.J., appointed Chris Lack to head up its sports and entertainment division. Chris Lack Lack will lead Exceptional Risk...
La Playa Insurance Introduces Yacht Coverage
Jan 4 2012 // La Playa Insurance will start providing coverage for yachts and other pleasure crafts after hiring Mike Taylor-West as head of Private Client & Marine. The brokerage, which has offices in London, Cambridge and New...
Xchanging Upgrades Mainframe Platform for London Market
Jan 3 2012 // Business processing specialist Xchanging announced that it has invested in a major upgrade of the mainframe platform at the heart of the London Market Bureau. The bulletin explained that the company has purchased an IBM...
The Next Big Thing in Insurance Coverage Is Here
Dec 13 2011 // Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational risk. With the boom in social media, interest in reputational risk has itself boomed....
Parker Named to Head P/C Specialty at Aon’s Global Brokerage Center
Dec 5 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty...
World Economy Counts the Cost of Euro Zone Dithering
Nov 23 2011 // From credit bottlenecks in Eastern Europe to slower growth in China, delays in tackling the euro zone’s debt crisis are causing ever-greater economic and financial damage well beyond the borders of the 17-nation...
Aon, ACE Integrate London Exchange for Accounting and Settlement
Nov 17 2011 // Aon Risk Solutions, the risk management business of Aon Corp., and ACE have both announced the “successful implementation of Rüschlikon accounting and settlement standards via The Exchange.” The announcement...
AmWINS Confirms Intention to Acquire London-based THB Group plc
Nov 14 2011 // Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash...
Lockton Now Trading by ‘e-Accounts’ in London Market
Nov 14 2011 // International broker Lockton announced that its London operations have “commenced trading with e-Accounts, the initiative which enhances the electronic submission of accounting entries by brokers to support global...
Economist Risk Summit Urges Execs to Adopt Longer Term Perspectives
Nov 4 2011 // A new report released today by The Economist Intelligence Unit during the Economist Conferences’ Risk Summit, hosted by Willis Group Holdings in London, revealed the importance of looking beyond the current risk...
UK PM Seeks Law Change to Allow Armed Guards on British Vessels
Oct 31 2011 // UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of...
Brokers Flock to Sign up for London Market’s Electronic Trading ‘e-Accounts’
Oct 28 2011 // The London market’s ambition to enable brokers to trade globally with it more easily has taken a significant step closer with phase one of e-Accounts now operational. Brokers using the system can “send and...
Ongoing Pirate Menace Triggers Special Coverage, Security Measures
Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...
Best’s Managing Director-Europe: Solvency II is Coming to an Insurer near You
Oct 24 2011 // Stefan Holzberger, A.M. Best’s managing director-analytics, recently moved to London from the U.S. He is well placed to analyze the impact of the European Union’s Solvency II regulations, not only on the...
Wright Named CEO of Willis International, Replacing Margrett
Oct 20 2011 // Willis Group Holdings plc in London has named Tim Wright as chief executive officer of Willis International, the company’s business unit serving all of Willis’ retail clients around the globe outside North...
Lloyd’s Insurer Omega Backs Haverford Offer
Oct 20 2011 // Insurance entrepreneur Mark Byrne pulled ahead in the race to buy Lloyd’s of London insurer Omega after Omega and its top shareholder backed his offer, prompting his main rival to withdraw. Omega, at the centre of a...
