Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
East London Experiencing Tenfold Increase in Extreme Rainfall: Lloyd’s
Aug 5 2010 // A new study from Lloyd’s shows that East London has experienced a tenfold increase in extreme daily rainfall since 1960 and warns that the closing of meteorological stations is resulting in incomplete data and...
Wyman Named UK Head of Casualty for Torus
Aug 4 2010 // Global specialty insurer Torus is expanding its casualty platform with the appointment of David Whyman as senior vice president, UK head of Casualty, based in London. Reporting to David Perez, president and chief...
London’s Oxygen Insurance Appoints Rowlands Head of Office
Aug 2 2010 // Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings plc, has appointed Simon Rowlands as head of office, Oxygen Corporate Risks, (Leeds). Rowlands recently joined Oxygen as senior client director from Barlett. He is...
Business Moves
Aug 2 2010 // Markel, Aspen Holdings (FirstComp) Specialty insurer Markel Corp. has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small...
Cooper Gay, Swett & Crawford Complete $3.5 Billion Deal
Jul 12 2010 // In a joint announcement from London and Atlanta, Swett & Crawford and Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, announced that they have completed the...
Brokers in London Market Survey ‘More Positive’ about Lloyd’s
Jul 8 2010 // “Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago,” according to a survey of the Lloyd’s market from part of the Gracechurch London Market Study...
ACE Group Appoints Six New Global Client Executives
Jul 8 2010 // The ACE Group of insurance and reinsurance companies has announced the appointment of six additional global client executives in four countries: Jeff Carr and Shaun Edwards in London, Olivier Roussel in Paris, Wolfgang...
Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions
Jul 6 2010 // Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the...
Willis Re Appoints Byng to Lead New Property Resource Group
Jul 1 2010 // Willis Re, the reinsurance arm of Willis Group Holdings announced the appointment of James Byng Property Resource Group Leader for its International and Specialty reinsurance business. He will assume this new position on...
Ironshore Environmental to Provide Global Coverage Through London Syndicate
Jun 29 2010 // Ironshore International Ltd. has announced that the Ironshore Environmental Insurance division will provide coverages on a global basis through its Pembroke platform in London. Pembroke Syndicate 4000 operates within...
Business Moves
Jun 21 2010 // Essential Insurance, Higginbotham The Essential Insurance Group LLC, a property/casualty insurance and surety agency serving greater Houston, has joined forces with Higginbotham & Associates, a national insurance...
