Latest London Headlines

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

Willis to Keep HRH’s Glencairn as Third Party Wholesaler

Sep 12 2008 // Willis Group Holdings has announced that ” Glencairn, Hilb Rogal & Hobbs’ London-based operation,” will form the “cornerstone” of a “new third-party wholesale brokerage...

Aon Specie Comments on New Players in London Market

Sep 3 2008 // New players in London’s specialized cash in transit (CIT) coverage market could lower the premiums paid by Global security firms by “up to 20 percent” according to a bulletin from Aon’s fine art...

Endurance Names Kent to Head London Reinsurance Operations

Sep 3 2008 // Bermuda-based Endurance Specialty Holdings Ltd. announced the appointment of Lauren Kent as Senior Underwriting Manager and Head of Reinsurance for Endurance Worldwide Insurance Limited in London. She has 18 years of...

Lloyd’s in the 21st Century

Sep 1 2008 // The Modernization of Lloyd’s and the London Market Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of...

Markel’s Albanese Moves to U.S.; Stovin, Brazil Promoted

Aug 29 2008 // Markel Corp. announced that Gerry Albanese, president and chief operating officer of Markel International since 2003, will return to the United States to assume a senior executive position with Markel Corp. William Stovin...

AIR Relocates, Expands London Office

Jul 30 2008 // Boston-based AIR Worldwide Corporation has expanded and relocated its London office. “The new space, which is more than twice the size of AIR’s previous London office, is designed to accommodate the increase in...

Lloyd’s to Establish Amlin Illinois Inc. in Chicago

Jul 24 2008 // Amlin, a leading Lloyd’s insurer, plans to open an office in Chicago. Amlin Illinois Inc, will work within the existing Lloyd’s infrastructure, utilizing the Lloyd’s licence in Illinois to write admitted...

Price a Sticking Point for Bermuda Insurers Looking to Buy Entry into Lloyd’s Market

Jul 23 2008 // A handful of Bermuda insurers see an opportunity to expand their horizons by entering the Lloyd’s of London insurance market, but their interest of late has waned as prices of potential target companies have...

Opening of Willis Building in London Receives Royal Treatment

Jul 21 2008 // The Willis Building, a landmark new London headquarters for global insurance broker Willis Group Holdings, will be officially opened today, July 21, by His Royal Highness, The Duke of York, otherwise known as Prince...

Florida Gov., Insurance Chief Discuss Reinsurance with Lloyd’s of London

Jul 15 2008 // Florida Gov. Charlie Crist met with Lord Levene, the chairman of Lloyd’s of London, to discuss reinsurance issues in Florida, as well as Lloyd’s climate change initiatives. The meeting took place during the...

Aon Names Soeteman-Reijnen Managing Director – Europe, Middle East, Africa

Jun 18 2008 // Aon Risk Services has appointed Marguerite Soeteman-Reijnen as managing director, head of broking excellence for Aon Europe, Middle East and Africa (EMEA), with immediate effect. The bulletin from Aon’s London office...

Barton Joins London American Risk Specialists in Houston

Jun 5 2008 // Sarah E. Barton has joined London American Risk Specialists Inc.’s Houston office as senior property and casualty broker. She brings with her 15 years of insurance experience on both the company and retail side. As a...

The Reluctant Bride: Insurance Australia Group Rejects QBE’s Latest Offer

Jun 2 2008 // Quake Shatters China’s Sichuan Province; Willis Shows Off New London Headquarters; AIG Wins One, Loses One After five weeks of high level discussions, Australia’s QBE Group withdrew its offer to acquire...

London’s City Risks Floods

May 27 2008 // The City of London – a roughly one square mile area along the north bank of the Thames – is the heart of the UK’s financial and insurance industries. So when Aon warned that the area is at risk from flood...

Kuwait Offer $792 Million for Willis New Building; Sets Property Marker

May 27 2008 // Kuwait’s landmark offer for London’s Willis Building this week has given the prime City office market a lift, but is not the beginning of the end for Britain’s property downturn. By agreeing to buy the...

People

May 19 2008 // Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on...

Willis Shows Off New London Headquarters Building

May 14 2008 // Since Joe Plumeri took over as Chairman and CEO of Willis in 2000, he’s guided the international broker through turbulent times, making a number of radical and innovative changes along the way. Nowhere is his...

Willis Specialties Names Anderson, Dunlop, Wilkinson to Senior Posts

May 7 2008 // Willis Group Holdings has announced three senior appointments to its Global Specialties division. Keith Anderson will assume the role of Chief Financial Officer (CFO) for Global Specialties, Nick Dunlop has been appointed...

Roberts to Lead Marsh’s London Strategic Risk Practice

May 2 2008 // Marsh announced the appointment of Stephen Roberts as Leader of its London-based Strategic Risk Practice. He will report to Eddie McLaughlin, Head of Marsh’s Business Risk Consulting Group. Marsh said its...

Lloyd’s Lord Levene’s L.A. Speech Lauds London

Apr 28 2008 // Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit...