Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
FGIC Appoints Velins London Managing Director
Jun 11 2004 // Financial Guaranty Insurance Co. announced that Robert Velins has joined the company as Managing Director, International Finance, effective June 1. He is based in London and has primary responsibility for FGIC’s...
CII Announces Senior Appointments
Jun 4 2004 // The U.K.’s Chartered Insurance Institute (CII) has announced the appointment of four senior personnel as part of its drive to enhance the services provided to members and corporate customers. Jamie Heath joins the...
London American General Agency Appoints Meeker as No. Cal Marketing Representative
May 28 2004 // London American General Agency Inc. has announced the appointment of Ken Meeker as marketing representative for Northern California. Previously, Meeker held the position of underwriter in London American’s San Diego...
Meeker and Horde Join London American General Agency
May 25 2004 // London American General Agency of Arizona Inc. recently announced the addition of Donna Meeker, while Margaret Horde was hired for London American’s San Diego office. Meeker joins London American as a broker. She has...
Hearings Close on Halliburton Sub’s Bankruptcy Plan; Settlements With Insurers Expected
May 12 2004 // Houston-based Halliburton reported the completion of hearings regarding subsidiary DII Industries’ proposed plan of reorganization. The company said recently it expects that necessary bankruptcy court and district...
Halliburton Close to a Deal on Asbestos Liabilities
May 11 2004 // Houston-based Halliburton appears to be closer than ever to settling outstanding asbestos liabilities. There are more than 400,000 claims, exceeding $4 billion. The company announced that the bankruptcy court in...
XL’s London Market CEO to Leave Post
May 3 2004 // XL Capital Ltd. announced that Nicholas J. Metcalf, Chief Executive Officer of the Company’s Lloyd’s operation, XL London Market Ltd., has decided to leave the Company to pursue other business interests. Clive...
Assurex Global Gathers Partners in London to Celebrate 50 Year Anniversary
Apr 29 2004 // Assurex Global Partners from all corners of the globe have gathered in London, this week, April 27 – 30, for a gala celebration commemorating “50 years of independence and growth.” The worldwide grouping...
Pecoraro Arrested in London; Faces Trial in New Orleans
Apr 8 2004 // Arrested in London late last year after more than a decade as a fugitive, Nofio Pecoraro Jr., 53, has been extradited to face trial on federal charges connected to his family’s failed insurance company. According to...
Aspen Appoints Adrian Ballardie Chief Risk Officer
Mar 16 2004 // Bermuda-based Aspen Insurance Holdings announced that it has appointed Adrian Ballardie to the position of Chief Risk Officer. He will be based in London and will report to CEO Chris O’Kane. Ballardie, who brings...
Acordia Names Personnel for Lawrenceville Office
Feb 27 2004 // Acordia RE announced today that Jason Witthun has joined the organization as an Account Executive in Lawrenceville, N.J. Most recently, Witthun worked for American E&S, Acordia’s excess and surplus lines...
Chicago MGU Sues Manning Riddell Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Manning Riddell Sued Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Best Assigns ‘A-‘ Rating to Steamship Mutual (London)
Feb 20 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) to the London-based company of the Steamship Mutual Underwriting Association Limited, with a negative...
HCC to Merge London Based Intermediary Subsidiaries
Feb 10 2004 // Houston-based broker HCC Insurance Holdings, Inc. announced the proposed merger of its subsidiary U.K. wholesale broker Dickson Manchester (DM) into the Group’s other Lloyd’s intermediary, Rattner Mackenzie...
Manning Riddell Named Defendant in Lawsuit
Feb 9 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on...
Lloyd’s Partners with London Police
Jan 29 2004 // “East London Bobbies will be experiencing the world of brief cases and pin-striped suits as part of a new mentoring scheme,” said a bulletin from Lloyd’s. Senior police officers from Tower Hamlets will...
CII Seeks to Improve London Market Competence
Jan 23 2004 // The U.K.’s Chartered Insurance Institute (CII) has signaled its determination to assist the London Market in its efforts to improve standards, by adding a bank of sector specific questions to its insurance ASSESS...
Aspen Announces New U.S. Property Reinsurance Team
Jan 16 2004 // Bermuda-based Aspen Insurance Holdings Limited announced that, subject to regulatory filings, it will expand its U.S. property reinsurance underwriting as of January 26, 2004 through the formation of a new property...
A.M. Best Places Zurich Specialties London Ltd. Under Review; Negative Implications
Jan 13 2004 // A.M. Best Co. has placed the financial strength rating of A (Excellent) of Zurich Specialties London Limited (ZSL) (United Kingdom) under review with negative implications. The rating action reflects A.M. Best’s need...
