City of London Tackles Its Daytime Drink Problem – One Institution at a Time: Opinion June 17, 2019 By Elisa Martinuzzi For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime...
Two New London Market Model Cyber Exclusion Clauses Published by IUA June 6, 2019 Two new London Market model clauses to help underwriters manage cyber losses have been published by the International Underwriting Association...
London Must Avoid Becoming ‘Offshore’ Financial Center After Brexit, Says CFTC Chief June 5, 2019 By Huw Jones Policymakers should “tether” London to the European Union to avoid isolating the region’s largest financial hub, harming the euro zone...
Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations June 3, 2019 Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005 May 22, 2019 By Alex Longley Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint...
UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers May 21, 2019 By Huw Jones and Andrew MacAskill Britain’s finance industry will emerge stronger from Brexit, remaining one of the world’s top financial centers, ministers in Prime Minister...
London Marine Insurers Expand Middle East Threat Zone After Saudi Ship Attacks May 17, 2019 By Jonathan Saul London’s marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates...
Lloyd’s Insurers Surpass Target for Electronic Risk Placements: Report May 14, 2019 Insurers in the Lloyd’s of London market have switched 45% of their business to an electronic platform, ahead of target,...
Lloyd’s Aims to Halve Costs as It Modernizes Market Over Next 5 Years May 1, 2019 By Will Hadfield Lloyd’s of London plans to halve the cost of buying insurance through the 330-year-old market as part of a strategy...
London’s Electronic Placing Platform Gains Traction, Binding More Than 50,000 Risks April 9, 2019 More than 50,000 risks have been bound on the London market’s electronic placement platform, with nearly 12,500 risks bound in...