Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Lloyd’s Writes the Ultimate Travel Policy for Sarah Outen
Apr 4 2011 // Lloyd’s has insured a football player’s hair, the anatomical attributes of various celebrities, and even a Frenchman’s heroic crossing of the English Channel in a bathtub. So, where else would English...
Liberty Mutual Expands UK Commercial Lines Operations
Apr 4 2011 // Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office network and management team to beef up its move into the UK’s commercial lines...
Lloyd’s ‘Confident’ It Can Cope with Japan Claims
Mar 30 2011 // The Lloyd’s of London insurance market is confident it can deal easily with claims from Japan’s earthquake even though natural disasters almost halved its profit last year. Lloyd’s said its businesses had...
London Broker Sees Some Libya Claims, but Situation is Unclear
Mar 23 2011 // London-based Lloyd’s insurance and reinsurance broker United Insurance Brokers (UIB) has indicated that there may be some insurance exposure as a result of the unrest in Libya, and the decision by the UN to sanction...
XL Insurance Promotes Bruce-Smythe to CUO – Int’l. P/C
Mar 17 2011 // XL Insurance, the global insurance operations of the XL Group, has promoted Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty business. He previously served as Chief...
Beecher Carlson Adds Edwards to Energy Practice
Mar 15 2011 // Atlanta-based Beecher Carlson has appointed Garry Edwards managing director. He will take a lead role in growing the company’s property and energy practices on the west coast, and will operate out of the San...
London Ship Insurers Add Libya to ‘High-risk’ List
Mar 4 2011 // London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing...
Ritchie to Head New Argo Int’l. Paris Branch Office
Feb 28 2011 // The Bermuda-based Argo Group International Holdings announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. The new...
A.J Gallagher to Acquire UK Agency Woodbrook
Feb 25 2011 // Arthur J. Gallagher & Co. announced that it has signed a definitive agreement to acquire the business and certain assets of London-based Woodbrook Underwriting Agencies, Ltd. The transaction is expected to close during...
Willis’ Global Markets-International Names Wemyss CEO
Feb 24 2011 // Willis Group Holdings announced that Toby Wemyss has been appointed CEO of its Global Markets International (GMI) division, effective immediately. He is based in London, and reports to Dominic Samengo-Turner, CEO of...
Catlin Group 2010 Profits Fall to $406 Million on Cat Losses
Feb 10 2011 // The Bermuda-based (London headquartered) Catlin Group Limited reported net profits before tax in 2010 of $406 million, compared to $603 million in 2009, primarily due to a significant increase in catastrophe losses last...
Lloyd’s of London Names Smith Southeast Director
Feb 2 2011 // Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development...
Cooper Gay Launches European Markets Integrated Trading Unit
Feb 2 2011 // London-based Cooper Gay, an independent global wholesale, reinsurance and specialist retail insurance broker, has launched Cooper Gay European Markets, which it describes as an “integrated trading unit to provide...
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Europe Weather Ruins Christmas for Airlines, Retailers
Dec 21 2010 // Snow and freezing temperatures grounded flights across northern Europe on Tuesday, while retailers fretted they would struggle to make up sales lost due to bad weather with just four shopping days to...
Snow, Ice Disrupt pre-Christmas Travel in Europe; Many Flights Cancelled
Dec 20 2010 // Europe saw little respite on Sunday from the Arctic conditions that closed airports and disrupted travel over the weekend before Christmas, traditionally one of the busiest times of the year. London’s Heathrow, the...
Milton Joins Cooper Gay to Develop Financial Institutions Sector
Dec 17 2010 // London-based broker Cooper Gay announced the appointment of “professional indemnity specialist Frank Milton to develop business opportunities within the financial institutions sector.” He will be based in...
ACE Opens Larger Office In England
Dec 14 2010 // ACE has opened larger premises in Watford, England to meet the growing demands and needs of local brokers. The availability of its suite of specialist multi-line products such as ACE Hotel, ACE Retail and ACE Evolve for...
Kofi-Sikah to Join TER as Sr. Financial Lines Underwriter
Dec 9 2010 // London-based underwriting agency Torus Executive Risks (TER), the joint venture between global specialty insurer Torus and Nexus Underwriting Management Ltd., has appointed Michael Kofi-Sikah as Senior Financial Lines...
Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters
Nov 14 2010 // Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have...