Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
Hooper Named CEO of UK’s Cooper Gay & Co.
Jun 22 2011 // Cooper Gay Swett & Crawford Ltd (CGSC) announced the appointment of Shaun Hooper as CEO of Cooper Gay & Co Ltd, the Group’s Lloyd’s and London market broker. He has been serving as interim CEO of the...
Zurich to Transfer London Run-Off Business to Swiss Re
Jun 15 2011 // Zurich Financial Services Group announced that one of Zurich’s non-core subsidiaries in the UK, Zurich Specialties London Ltd, will transfer its run off insurance business to Swiss Re at book value. Zurich said the...
AEGIS London Approves $1 Million in Premium Credits for Members
Jun 14 2011 // AEGIS London, the UK- based subsidiary of mutual insurer AEGIS (Associated Electric & Gas Insurance Services Limited) has announced the approval of $1 million in premium credits which will be returned to members...
IMS/London American Adds Travis as Senior Commercial Underwriter
Jun 13 2011 // IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the...
Cooper Gay Hires Directors for Latin American Downstream Energy
Jun 10 2011 // UK-based Cooper Gay has hired two divisional directors to its London downstream energy team, with the intention of driving international growth in the sector. Neil Jurd joins from Alesco Risk Management Services where he...
Business Moves
Jun 6 2011 // Acentria, Jim Harris Destin, Florida-based insurance agency Acentria has acquired Jim Harris & Associates, Inc., with offices in Mary Esther and Crestview. The office in Mary Esther will remain open until August and...
Catlin Stokes Broker Compensation Controversy
Jun 6 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin at a...
Ironshore Europe Expands, Opens Office in London
Jun 1 2011 // Ironshore Europe Limited, domiciled in Dubin, Ireland, has received approval from the Central Bank of Ireland, to open a branch office in London. Paul Betts, has been named the London Branch Manager and will lead the...
White Mountains’ Sirius to Launch Lloyd’s Syndicate
May 23 2011 // White Mountains Re Ltd. reports that its Sirius International Insurance Corp. affiliate has received approval in principle from the Lloyd’s Franchise Board to establish Lloyd’s Syndicate 1945. Syndicate 1945...
Catlin Stokes Broker Compensation Controversy
May 20 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week...
UK’s Miller Creates New Specialist Binding Authority Team
May 18 2011 // London-based broker Miller announced that it has created a new international platform for its binding authority business with the formation of a specialist binding authority team. “The team will be based in London...
