Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
Marsh Appoints O’Keefe Global Energy Claims Leader
Mar 3 2009 // Marsh’s London office reports that the insurance broker and risk adviser has appointed Paul O’Keefe as Global Claims Leader for its Global Energy Practice. In the newly created role he will co-ordinate all...
Glencairn Forms Energy Division
Feb 10 2009 // The London-based Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker established by Willis, has announced the establishment of an energy division within the London market and the...
Lloyd’s Community Program Celebrates 20th Year
Feb 9 2009 // Lloyd’s might be better known for its historic insurance market and its iconic modern building, but it also participates in a number of charitable activities in and around London. This year Lloyd’s is...
Marine Insurers Face ‘Shipping Slump’- International Union of Marine Insurance
Jan 28 2009 // “The marine insurance industry is facing one of the most crucial periods it has ever met, and underwriters, given the devastating fall in volumes and values in global trade, will have to ‘run hard to stay in...
London’s Reach Bolsters U.S. Specialty Lines
Jan 25 2009 // Insurers Catlin, Beazley, Amlin, Hiscox and Newcomer Torus Find Their Niche in U.S. Market Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a...
Lloyd’s Exchange Offers Real Change
Jan 16 2009 // The Lloyd’s Exchange pilot initiative (See IJ web site – https://www.insurancejournal.com/news/international/2009/01/13/96927.htm] was formally introduced on Thursday to the general approval of all concerned....
London Market Reform Group Sets 2009-11 Program
Jan 8 2009 // The Market Reform Group (MRG), which sets priorities for London’s insurance industry, has announced its plans to, in its words, “deliver a new growth spurt that will further cement London as the market of...
The View From London
Dec 21 2008 // Insurers Can Weather Global Financial Crisis Buyers that aren’t buying; houses that aren’t selling, banks that aren’t lending — sound familiar? But in this case it’s the United Kingdom that...
UK’s Chartered Insurance Institute to Hold Counter Terrorism Workshop
Dec 3 2008 // The UK’s Chartered Insurance Institute Group’s London Market Faculty has teamed up with the National Counter Terrorism Security Office (NaCTSO) and the Metropolitan Police Counter Terrorism Command to hold a...
North Carolina Security Firm in Anti-Piracy Meetings in London
Dec 3 2008 // North Carolina-based private security contractor Blackwater Worldwide is meeting with shipping and insurance companies this week to describe what the company can do to protect vessels traveling through the volatile Gulf of...
Catlin Strengthens Product Recall Teams in Sydney, London
Dec 3 2008 // The Bermuda-based Catlin Group Limited announced that it has “significantly strengthened its leadership position in crisis management underwriting with the addition of two experienced product recall insurance...
Ratings Recap: Eureko, Steamship, QBE (Notes), SOLID
Dec 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based Eureko B.V. and related core subsidiaries to negative from stable. S&P also affirmed the ‘A-‘ long-term...
XL Insurance Revamps Equine Team
Nov 25 2008 // XL Insurance, the global insurance operations of XL Capital, announced from London the appointment of Neil Robertson as head of its global Equine operation, and Ian Hull as Equine Underwriter in London. “The Equine...
Willis’ Faber Unit Consolidates Fine Art, Jewelery, Specie, K&R, Bloodstock
Nov 21 2008 // Faber & Dumas, the newly formed third-party wholesale brokerage division of Willis Group Holdings, announced that three additional Willis specialty businesses – Fine Art, Jewelry & Specie (FAJS), Special...
