Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Business Moves
Oct 17 2011 // ISU Network, Great Northern, Davidson Insurance Great Northern Insurance of Sterling Heights, Mich., and Davidson Insurance Agency of West Plains, Mo., have joined the ISU Network, the San Francisco-based organization...
Panel Lauds London Market’s Electronic Success
Oct 12 2011 // A panel of insurance market figures “were in overwhelming agreement today that London is leading the way in the global competitive market place,” said a bulletin from electronic processing firm Xchanging, who...
Jansen and Hastings Launch Cove MGA
Oct 6 2011 // Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs, a newly...
N.Y.-based U.S. RE Hires Reinsurance Veteran Polkinghorne
Oct 5 2011 // Global reinsurance broker U.S. RE Corp. has appointed reinsurance veteran Scott Polkinghorne as senior vice president. He will be based at the company’s headquarters in Pearl River, N.Y. Polkinghorne is a reinsurance...
Willis and XL Implement e-Accounting for London Market
Sep 26 2011 // The London-based operations of XL Group plc and Willis Limited, the principal UK broking company of global insurance broker Willis Group Holdings plc, announced the successful launch of a “full electronic accounting...
Wilford to Head Willis Global Aerospace; Smaje is New CEO; Hanrahan, President
Sep 22 2011 // Willis Group Holdings plc announced that Mark Wilford, currently Director of Risk at Rolls-Royce Group plc, has been appointed Chairman of the Willis Global Aerospace division, effective January 1, 2012. He will be based...
Cooper Gay Swett & Crawford: A Global Broker Pioneers a New Path
Sep 21 2011 // Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices...
Whittington Sells UK Business to Finance Asia Expansion
Sep 20 2011 // Whittington Group, the Singapore-based international insurance investor, announced it has reached a definitive agreement to sell its London businesses to a consortium, comprising Tawa Plc, Skuld, and Paraline Group, Ltd.,...
Best Affirms Markel International’s Ratings; Syndicate 3000; Outlook Stable
Sep 8 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of ‘a+’ of UK-based Markel International Insurance Company...
HSB UK Names Kane Chief Underwriting Officer
Sep 7 2011 // Specialist engineering and construction insurer HSB Engineering Insurance Limited has appointed Andy Kane as chief underwriting officer. He has over 20 years experience, and replaces Tom Howe who recently retired as CUO...
Best Affirms Catlin Insurance Companies Ratings; Outlooks Stable
Sep 2 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of ‘a’ of Bermuda-based Catlin Insurance Company...
ACE Expands Environmental Team in London
Aug 25 2011 // ACE announced the appointment of two new Environmental Risk Underwriters to its London based Environmental Liability team – Robert Wade and Hayley Dixon, both experienced professionals with strong scientific...
Willis, ACE Team-up for First ‘e-Accounting’ Processing in London Market
Aug 25 2011 // ACE’s London based operations have teamed up with Willis Limited, the UK insurance broker, to successfully launch a fully electronic accounting process between the two companies. The achievement marks the first time...
London’s Marine Insurers Say Libya to Stay on ‘High Risk’ List
Aug 22 2011 // There is no immediate prospect of Libya being removed from a list of areas deemed high risk by London’s marine insurance market. Underwriters will seek a stable period before looking at de-listing, a market official...
Electronic Endorsements Success Spreads across London Market
Aug 22 2011 // The London Market Group (LMG), which introduced a platform for the electronic support for endorsements in April, noted that the program has gotten off to a “resounding start;” so good in fact that it’s...
Event Cancellation Coverage for UK Riots Rarely Applicable
Aug 11 2011 // “Most of the events cancelled were due to the police being need elsewhere,” said Simon Lyons, contingency underwriter at London-based Sportscover Europe Ltd. He explained that football (soccer) matches, unlike...
Sony Says London Warehouse Fire May Affect UK Deliveries
Aug 10 2011 // Sony Corp said on Tuesday deliveries in Britain of compact discs and DVDs could be affected after a fire hit its sole warehouse for content products in the country. The fire in the insured three-storey, 20,000 square meter...
Britain Burns: Riots Spread through UK Cities
Aug 10 2011 // A wave of violence and looting raged across London and spread to three other major British cities on Tuesday, as authorities struggled to contain the country’s worst unrest since race riots set the capital ablaze in...
UK’s Sportscover Snares Badminton Tournament Coverage
Aug 9 2011 // London-based specialized agency Sportscover announced that it has been selected as the “Official Insurance Partner for the Yonex BWF World Badminton Championships. The event, staged by BADMINTON England, will take...
ABI Reacts to London Riots; Details of Insurance Coverage
Aug 9 2011 // Nick Starling, Director of General Insurance and Health, of the Association of British Insurers, issued the following statement following the third night of rioting, looting and the massive destruction of property in...
