Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Catlin’s Interim Statement Highlights Premium Gains
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines. The bulletin said: “Group-wide net premiums earned increased by 13 percent...
Willis’ FINEX Appoints D&O, Professional Liability Lawyer as Director
Nov 10 2010 // Willis Group Holdings announced that it has appointed Francis Kean, “one of the UK’s leading directors & officers and professional liability lawyers, as an Executive Director in FINEX Global, the insurance...
Cooper Gay Targets U.S. Casualty Business with London Appointment
Nov 8 2010 // Cooper Gay is moving ahead with plans for U.S. expansion following its recent amalgamation with Swett & Crawford. The broker announced the appointment of Galen Brislane, a U.S. casualty specialist, to focus on...
Lloyd’s Royal British Legion Branch Hopes for $242,000 on ‘Poppy Day’
Nov 3 2010 // The Lloyd’s of London Branch of The Royal British Legion is hoping to raise £150,000 [app. $242,000] for this year’s Poppy Appeal on London Poppy Day, Thursday the 4th of November, “London Poppy Day...
Rogers to Lead Marsh ProBroker; Reid is Commercial Underwriting Mgr.
Nov 2 2010 // Marsh’s London office announced the appointment of Mike Rogers as head of Marsh ProBroker, its UK community of independent brokers. He joins Marsh from Towergate’s Broker Network where he was Head of Business...
London Broker Oxygen Strengthens Construction Specialty Team
Oct 29 2010 // London-based Oxygen Insurance Brokers announced that it has “further strengthened its broking and risk management services to architects, engineers and surveyors with the appointment of two new senior brokers, part...
Lockton: Commercial Lines Capacity ‘Remains Plentiful’
Oct 29 2010 // Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the...
AmWins Names Exec Appointments to Colemont Global Group
Oct 26 2010 // Skip Cooper, president of AmWINS, has been appointed as CEO of Colemont Global Group Limited (CGGL) and Colemont Insurance Brokers Limited (CIBL), announced the AmWins Group Inc. Jeremy Underwood, currently non-executive...
Best’s London Briefing Highlights Challenges for Europe’s Insurers
Oct 20 2010 // “2011 will be another challenging year,” said Roger Sellek, the CEO of A.M. Best Europe – Rating Services Limited, at the rating agency’s annual review of the state of Europe’s insurance...
Lloyd’s McGovern Works to Expand No. American Business; Part II
Oct 18 2010 // Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to...
Business Moves
Oct 18 2010 // IMS, London American Risk Specialists IMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one...
Aon’s Jenkins Appointed President of London Business Interruption Ass’n.
Oct 6 2010 // The London Business Interruption Association (LBIA) has elected Aon’s Diane Jenkins as president for 2010/11. The LBIA aims to advance knowledge on all matters relating to business interruption and runs a series of...
Lower Corporate Taxes Could Help Preserve London’s Competitiveness
Oct 5 2010 // The City of London is just emerging from the recession brought on by the financial crisis, but it’s “clear there are numerous challenges ahead if it is to retain its global importance as a center for financial...
Syndicates – The Heart of the Market
Oct 4 2010 // Catlin, and Other Lloyd’s Syndicates As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their...
Lloyd’s Chairman Warns on Peril of Over-Regulation; Urges Growth
Oct 1 2010 // Lloyd’s Chairman, Lord Peter Levene warned a receptive audience at Lloyd’s City dinner that the current focus on regulation should not get in the way of strategies for future growth. His speech was addressed to...
UK, Guernsey Execs Strengthen Relationships with China
Sep 30 2010 // Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, recently joined the Lord Mayor of the City of London, Alderman Nick Anstee, for a trip to Beijing and...
Insurance Provides Value Catlin CEO Reminds London’s Insurance Institute
Sep 29 2010 // “Insurers and brokers must remind themselves of the value that insurance provides to clients and to society as a whole,” stated Stephen Catlin, chief executive of Catlin Group Limited*, in a speech delivered on...
80% of Brokers ‘Very Positive’ on Lloyd’s Market
Sep 17 2010 // An article on the Lloyd’s web site [www.lloyds.com] concludes that “more than 80 percent of brokers say they are ‘very positive’ about doing business at Lloyd’s, according to the latest...
BMS Names Beardmore New CEO
Sep 8 2010 // BMS, the London-based specialist insurance group, announced the appointment of Carl Beardmore as CEO of BMS Associates Ltd, the group holding company, subject to the approval of the UK’s Financial Services Authority...
Stanford, Execs Deny Key Role in Alleged Fraud Cited by Lloyd’s
Aug 30 2010 // Lawyers for Texas financier Allen Stanford and two accounting executives who worked for him sought to distance their clients Friday from the alleged financial wrongdoing insurer Lloyd’s of London cites as a reason to...
