Latest London Headlines

Xchanging Prepares IPO

Mar 27 2007 // London-based Xchanging announced plans for an initial public offering, and the listing of its shares on the London Stock Exchange. The offer is limited to the UK and selected European countries; no listing will be made in...

London Looks for ‘Best Marine Talent ‘

Mar 27 2007 // Lloyd’s and the London markets are about to launch a new campaign “to encourage the brightest young talent in the marine market to play a role in shaping its future.” The Lloyd’s Market Association...

Firm has learned the art of tracking stolen masterpieces

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Small London firm uses computer archive to help find stolen art

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Firm has learned the art of tracking stolen masterpieces

Mar 26 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

European Insurance Forum Puts Ireland in the Spotlight

Mar 19 2007 // 18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...

Small London Company Uses Computer Archive to Help Find Stolen Art

Mar 5 2007 // The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted...

Aon CEO Stresses Lloyd’s Need for ‘Speed of Access’

Mar 5 2007 // Greg Case, Aon’s president and CEO, told an attentive London audience (as summarized on the Lloyd’s web site – www.lloyds.com) that the City would retain its pre-eminence in the global risk and insurance...

London American Professional Liability, LLC introduces a new Accountants Professional Liability Program

Feb 28 2007 // Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL), a Program Administrator and MGA, introduces a new program for Accountants Professional Liability. The program is being offered in most states...

People and Places

Feb 12 2007 // William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of...

People

Feb 11 2007 // William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of...

Marsh Names Former London Lord Mayor Brewer as Vice-Chairman

Feb 6 2007 // Marsh Ltd., the international broker’s UK division, announced that Sir David Brewer CMG, until recently Lord Mayor of London, is to fill the newly created role of Non-Executive Vice Chairman, subject to the approval...

Swiss Re Sells London Office Building for $1.18 Billion

Feb 5 2007 // Swiss Re has agreed to sell its London office building, located at 30 St. Mary Axe, to an affiliate of the real-estate corporation IVG Immobilien AG for £600 million ($1.18 billion). The transaction is expected to close...

Electronic Trading/Processing Surges at Lloyd’s

Feb 5 2007 // “A quarter of all premium transactions in the London market are expected to be handled electronically by the end of the month,” said a recent bulletin on the Lloyd’s web site (www.llloyds.com). The...

City Disaster Teams Share Lessons from Terrorist Attacks

Feb 5 2007 // Government and American Red Cross disaster experts from New York, London and Madrid — three cities hit by terrorist attacks in recent years — met last week in New York for a two-day conference to share experiences and...

New Markets

Jan 29 2007 // Apartment Property Program Nuts & Bolts: Houston-based London American Risk Specialists Inc. has an Apartment Property Program endorsed by the National Apartment Association. The program is available in the...

People and Places

Jan 29 2007 // Citizens Property Insurance Corp.’s board of governors voted unanimously to recommend interim President Scott Wallace be appointed to the post permanently. Wallace was selected from more than 70 candidates by a...

People and Places

Jan 29 2007 // Lloyd’s of London announced that Julian James, director-worldwide markets, will be leaving at the end of April to join Lockton International. He has been responsible for all Lloyd’s commercial activities...

Jan 28 2007 // People Citizens Property Insurance Corp.’s board of governors voted unanimously to recommend interim President Scott Wallace be appointed to the post permanently. Wallace was selected from more than 70 candidates by...

AAMGA Leaders Conclude ‘Fact-Finding’ London Trip

Jan 26 2007 // Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit...