Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
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...
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....
