Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
Guiry to Succeed Doubtfire as Marketform CFO
Aug 8 2011 // London-based specialist Lloyd’s insurer Marketform has announced the appointment of a new Chief Financial Officer, Paul Guiry, who replaces long standing CFO, Roger Doubtfire, who is retiring. Group CEO Simon Turner...
Catlin Hit by $201 Million Net Loss for 1st 6 Months
Aug 4 2011 // The Bermuda-based Catlin Group Limited announced its financial results for the six-month period ended 30 June 2011 from its London office, highlighted by a $201 million net loss for the period, compared to an $86 million...
When Rating Agencies Judge the World – an Analysis
Aug 3 2011 // The man who holds in his hands the fate of U.S. credit, and with it potentially the global economy, favors small tie knots, sports a bushy mustache and smokes his fair share of cigarettes. Beyond that, he is a mystery,...
Lloyd’s America President Watkins Campaigns for Broader Appeal
Jul 27 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...
London’s Calling
Jul 18 2011 // Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is...
Best Affirms Lloyd’s of London’s ‘A’ Ratings
Jul 14 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s of London and Lloyd’s...
Lloyd’s Market Association Marks 10 Year Anniversary
Jul 14 2011 // Speaking on the tenth anniversary of the incorporation of the Lloyd’s Market Association (LMA), its Chairman, Barnabas Hurst-Bannister, thanked managing agents for their support and pledged that the LMA will not...
Allianz Global Corporate & Specialty Confirms New London, U.S. Execs
Jul 12 2011 // Allianz Global Corporate & Specialty (AGCS) has confirmed new CEOs from within its existing management team for two of its most important regions. As of October first, Carsten Scheffel, currently CEO of AGCS for the...
Travelers Names Two New London-based Chief Underwriting Officers
Jul 5 2011 // Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s...
