Latest London Headlines

Lloyd’s disconnects troubled Kinnect technology

Feb 6 2006 // Ultimately “all the King’s horses and all the King’s men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

Lloyd’s disconnects troubled Kinnect technology

Feb 5 2006 // Ultimately “all the King’s horses and all the King’s men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

Lloyd’s Faraday Announces Underwriting Appointments

Feb 2 2006 // Faraday Group, the broker-focused Lloyd’s managing agent and London-based reinsurance group, announced the approval of the appointments of Mark Rayner and Paul Ceurvorst as joint Chief Underwriting Officer and Active...

Mass. Lawyer Hid Stolen Cezanne, Other Paintings for 28 Years

Feb 2 2006 // A retired Massachusetts lawyer secretly held seven stolen paintings, including a Paul Cezanne still-life worth millions of dollars, for 28 years because he wanted a 10 percent finders fee, the Boston Globe reported...

RI3K Head Warns Lloyd’s of Need to Reform to Survive

Jan 26 2006 // In a speech to the Insurance Institute of London yesterday, Jan. 25, Alex Letts, the Chief Executive of RI3K Ltd. – the London-based provider of platform technology infrastructure for the reinsurance industry,...

Lloyd’s Shuts Kinnect

Jan 24 2006 // Ultimately “all the King’s horses and all the King’s Men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...

People & Places

Jan 23 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents‘ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...

People

Jan 22 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents’ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...

Starr Excess International Names Warwicker COO

Jan 19 2006 // Mike Warwicker has been named chief operating officer for Starr Excess International Liability Insurance Company, LTD, where he will have management responsibility for the Dublin headquarters and the London and Bermuda...

Lloyd’s Launches “Optimal Platform” to Meet Foreign Competition

Jan 17 2006 // Lloyd’s has launched a new three-year plan to keep the London market healthy in the face of growing foreign competition, especially from Bermuda. The plan, called the Optimal Platform, outlines a “package of...

U.K. Experts Warn of Continuing, Evolving Global Terrorist Threats

Jan 5 2006 // A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the...

London’s Mayor Says “Disorganized” Terror Threats Persist

Dec 27 2005 // Ken Livingstone, London’s high-profile mayor, told interviewers on BBC Radio 4 that threats from terrorist attacks in the U.K.’s capital persist, but are largely disorganized. He noted that the July 7...

People & Places

Dec 19 2005 // Clint Bothwell Clint Bothwell has been named Southeast regional president for Harleysville Insurance and will work in its new Atlanta regional office. The company also named other regional field organization leaders as it...

People

Dec 18 2005 // Clint Bothwell has been named Southeast regional president for Harleysville Insurance and will work in its new Atlanta regional office. The company also named other regional field organization leaders as it realigned the...

People & Places

Dec 5 2005 // Ken North Frost Insurance reported that Ken North joined its Fort Worth, Texas, office as president of the company’s Dallas region. North has 30 years of experience in the insurance industry. Ann Wilson Frost...

News Briefs

Dec 4 2005 // Willis Expands in China, Latin America: In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, has received written approval from the China Insurance Regulatory Commission (CIRC) to increase...

Dec 4 2005 // Burns & Wilcox, a national specialty insurance managing general agency, has promoted Wayne Bates to director of the company’s Special Risk Division (SRD), International and promoted him to associate vice...

Laker Appointed Assistant VP of ACORD in London

Dec 2 2005 // International standards provider ACORD announced the appointment of Roy Laker as Assistant Vice President, London Market. His “role will be to coordinate the activities in the London market of ACORD’s various...

Lord Levene Urges U.K. Reinsurers to Support Changes in U.S. Trust Fund Collateral Requirements

Nov 29 2005 // Lloyd’s Chairman, Lord Levene, has called on the London market’s reinsurers to play their part in European efforts to remove the current “inappropriate system” of collateralisation requirements in...

James Discusses Challenges Facing Lloyd’s at Xchanging Conference

Nov 18 2005 // In a speech on Nov. 17, given at a conference sponsored by insurance service provider Xchanging, Julian James, Lloyd’s Director of world-wide markets, stressed that the London market faced continuing challenges in...