Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report January 20, 2017 By L.S. Howard The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers,...
Lloyd’s Moves Closer to Forming EU Subsidiary to Prepare for Brexit January 18, 2017 By Pamela Barbaglia Lloyd’s of London will make an announcement on its new European subsidiary by the middle of April at the latest,...
Unfettered EU Access Must Be Priority of Brexit Talks: Report January 10, 2017 By Huw Jones Britain’s financial services sector must keep its unfettered access to the European Union’s single market after Brexit given that available...
H.W. Kaufman’s Cranbrook Underwriters Relocates London Office January 5, 2017 Cranbrook Underwriters, an H.W. Kaufman Financial Group company, announced the relocation of its London offices to One Minster Court, Mincing...
Brexit Threatens 10% of London’s Financial Jobs: City of London Corp. Official December 22, 2016 By Huw Jones Up to 10 percent of jobs in London’s financial district may be lost if Britain fails to secure adequate access...
AXIS Capital’s London Office to Move to ‘The Scalpel,’ New Tower Near Lloyd’s December 19, 2016 Bermuda-based AXIS Capital Holdings Ltd. announced its London office will be among the first commercial tenants in “The Scalpel,” a...
Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1 December 19, 2016 By L.S. Howard M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from...
XL Catlin Names Gale & Littlemore to Lead Bermuda, London Reinsurance Units December 9, 2016 XL Catlin’s reinsurance operations has announced two key leadership appointments for Bermuda and London, both effective January 2017. Jonathan (Jon)...
UK Gov’t Promises Insurers & Banks London Will Stay Top Finance Center – After Brexit December 6, 2016 By Tim Ross The U.K. government promised to make sure London keeps its place as the leading financial center after Brexit, following top-level...
U.K. Financial Firms Paid $91B in Annual Tax: City of London Report December 6, 2016 By Stephen Morris Financial companies in the U.K. paid 71.4 billion pounds ($91 billion) in tax in the latest fiscal year, 7.4 percent...