Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Torus Re Names Mardon President/Chief Underwriting Officer
Jul 21 2009 // Torus Insurance Holdings Limited announced the appointment of Tim Mardon as President and Chief Underwriting Officer of Torus Re with immediate effect. He will report directly to Clive Tobin, Chief Executive of...
Catlin Strengthens London Aviation Team
Jul 9 2009 // Catlin Group Limited has strengthened its already significant London aviation underwriting team with the addition of Richard Power and Mark Stanley. Power will join Catlin on August first as a senior underwriter and head...
Jackson Concert Cancellations: Many Unknowns, Much Speculation
Jul 6 2009 // Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts, stretching over 8 months, continues to be headline news. It’s also news of another sort in the...
Jackson’s Death and Event Cancellation; Max Cap Rejected; Still Searching Air France Crash Cause; Den Dekker is New FERM
Jul 6 2009 // Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts stretching over eight months, has been the world’s top story. It’s also a story in London,...
London American Risk Specialists Offers Haz Mat Haulers Coverage
Jul 2 2009 // Houston, Texas-based London American Risk Specialists Inc. is offering a new market for hazardous waste transporters/haulers for hire or transporting own product between commercial locations (no residential...
This is It: Massive Headache for Jackson Concert Series Promoters
Jun 29 2009 // It was to be the comeback of the young century: Michael Jackson using the “This is It” tour to retake his throne as King of Pop, lord of the dance and darling of the masses. What grander stage than London for...
Shrimpton Named as Catlin’s Senior Marine Hull Underwriter
Jun 8 2009 // Bermuda’s Catlin Group Limited has promoted Simon Shrimpton to senior marine hull underwriter in its London office. He will head Catlin’s six-person team, underwriting hull business on behalf of the Catlin...
Cunningham Lindsey U.S. CEO: Market Conditions Not Slowing Growth
May 20 2009 // With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property...
XL Hires 3 Underwriters for London-based Aviation Unit
May 15 2009 // XL Insurance, the global insurance operations of XL Capital, has announced the hiring of three additional underwriters for its London-based aviation business. “The London team will be headed by Simon Murray as...
Internet’s Growing Presence Challenges Traditional Insurance Practices
May 8 2009 // Jeff Ward, a director of London Market reform technology specialists TriSystems, has been working in the field of technology, information processing and insurance for more than 20 years. But even he admits that it’s...
Willis Study Finds ‘Buyers’ Market’ for Commercial D&O in Q1
Apr 27 2009 // According to a report from Willis Group Holdings, “over the last three months, London market insurers reported an average premium reduction of eight percent on renewal business for the commercial sector’s...
Xchanging Expands Abroad after London Success
Apr 16 2009 // “We’ve experienced good growth over the last ten years, and we’re looking to expand further,” said Stewart McCulloch, head of UK and insurance operations for London-based service provider...
Global Special Risks London Team Joins Glencairn Energy
Apr 14 2009 // Glencairn, the Property, Casualty, Accident and Health broker within Willis Faber & Dumas division, announced that the London-based Upstream Energy team of Global Special Risks (GSR), headed by Andy Baker, has joined...
Willis Forms FINEX Global for Financial, Executive Risk, Professional Liability
Mar 24 2009 // Willis Group Holdings announced the formation of FINEX Global, a new division that will incorporate all of Willis’ existing London-based Financial, Executive Risk and Professional Liability business. Willis noted:...
Willis Joins Catlin as Deputy Chief Investment Officer
Mar 23 2009 // The Bermuda-based Catlin Group Limited announced that Patrick Wills will join Catlin, effective May 5, as Deputy Chief Investment Officer, based in the group’s London office. Wills will work alongside Nylesh Shah,...
Markel International President Sees Further Growth
Mar 19 2009 // William Stovin, president and COO of Markel International, has been going in both directions since 2000. That’s the year its parent, Virginia-based Markel Corp., bought the UK and Lloyd’s insurer Terra Nova....
UK’s FSA to Propose Overhaul of Global Bank Regulation
Mar 18 2009 // Britain’s Financial Services Authority (FSA) will publish Wednesday a blueprint for a shake-up of global banking regulations aimed at preventing a recurrence of the financial crisis weighing down the world...
Aspen Names Villers to Head Financial and Professional Lines Unit
Mar 17 2009 // Bermuda-based Aspen Insurance Holdings Limited announced that it has appointed Rupert Villers, effective April 27, 2009 as head of its newly combined Financial and Professional Lines Insurance business segment. He will be...
London Summit Set to Include Climate Change Talks
Mar 12 2009 // A summit meeting on the financial crisis in London next month will tackle the issue of climate change, which the U.N. chief had planned to make the focus of a separate gathering in New York, diplomats said. Worried that...
Lloyd’s Insures Coffee Taster’s Tongue for $13.78 Million
Mar 9 2009 // Despite all the technical changes, Lloyd’s of London continues to adhere to its century’s old tradition of accepting the most unusual risks. It has just agreed to cover the tongue of Gennaro Pelliccia, Costa...
