UK Supports Post-Brexit Mutual Recognition System for London’s Financial Services February 16, 2018 By Andrew MacAskill Britain’s government is ready to push for the kind of Brexit plan for financial services that the City of London...
London Will Be Weakened as Financial Center After Brexit, Warns Bundesbank Exec February 15, 2018 By Piotr Skolimowski and Carolynn Look The U.K.’s exit from the European Union will be a watershed moment for the City of London and weaken its...
London Market Single Claims Agreement Launched to Improve Claims Handling February 1, 2018 The London market has launched a simplified system for claims handling in an effort to improve client service and streamline...
Sompo International Appoints Marine, Aviation & Energy Leaders in London January 30, 2018 Bermuda-based Sompo International announced that Paul Ashworth has joined the company’s London Market Insurance platform as head of Marine Insurance,...
London Market’s Placing Platform Comes of Age, by Closing Complex Treaty Facility January 30, 2018 The London market’s electronic placing platform was used to close the Aon Client Treaty facility for 2018, marking a milestone...
London Market’s Priorities in 2018 Are Regulation, Brexit, Modernization: IUA January 22, 2018 Regulatory developments, such as the EU’s new data protection law, will dominate priorities for the London company insurance market in...
London’s Brexit-Related Job Losses Will Be Fewer Than 1st Feared: Policy Chief January 19, 2018 By Andrew MacAskill and Huw Jones Britain’s vast financial services industry will suffer far fewer job losses from Brexit than first feared, the City of London’s...
Industry Needs to Join Insurtech Wave to Digitize Insurance: AFL’s Esser January 18, 2018 By Toby Esser There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all...
Qatar Re Authorized by UK Regulator to Underwrite from London Branch Office January 11, 2018 Qatar Reinsurance Co. Ltd. announced it has received authorization from the UK Prudential Regulation Authority to underwrite business from its...
UK Names Former Accenture Exec to Oversee London Financial Services Industry January 10, 2018 Prime Minister Theresa May has appointed a former management consultant John Glen as the new City minister to oversee a...