Latest London Headlines

All the headlines from our London Topic Page, ordered by recency.

British Insurer LV= Rejects Bain Takeover Bid; Royal London Wants to Talk

Dec 10 2021 // British mutual life insurer LV= on Friday abandoned a proposed 530 million pound ($701 million) takeover by private equity giant Bain Capital after it lost a member vote, and rival Royal London put forward an alternative...

People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels

Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe.A summary of these new hires follows here. Mosaic Launches London...

Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk

Nov 9 2021 // Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd’s insurance broker Parker Norfolk & Partners Ltd.The deal signals Xenia’s...

Climate Protesters Spill 1,000 Liters of Fake Oil Outside Lloyd’s of London

Oct 29 2021 // Climate protesters spilled a 1,000 liters (220 gallons) of fake oil outside Lloyd’s of London Friday, part of a campaign to draw attention to the finance industry’s financing of fossil fuels.The activists were...

People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W

Oct 22 2021 // This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone.A summary of these new hires follows here. FM Global Promotes Johnson and Dempsey in Senior EMEA...

Beazley’s Cyber Defense Specialist, Lodestone Security, Opens London Office

Oct 19 2021 // Lodestone Security, a Beazley subsidiary and leader in cyber defense and incident response in the U.S., is expanding its global reach by opening an office in London.Adam Harrison joins the group as managing director of...

People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium

Oct 19 2021 // D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/WTegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter. Shergill...

Lloyd’s and London’s Finance District Confront a Past Steeped in Slavery

Oct 6 2021 // LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as...

Workers in London’s Financial Services Industry Are Returning to Their Desks in Droves

Sep 20 2021 // On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up.Traders, salespeople and close support staff not currently in the office have been told they are expected to be at their...

Jensten Group Completes Acquisition of London-Based Tasker Insurance Group

Sep 16 2021 // The Jensten Group has completed its acquisition of London-based Tasker Insurance Group, after receiving regulatory approval. The deal includes Tasker Insurance Brokers, Tasker & Partners and Gresham...

London Financial Employees Return to Offices Despite Rising Virus Cases

Sep 14 2021 // LONDON — There’s no free lunch in finance – except when banks are wooing workers back to the office.London’s financial sector, keen to return to a semblance of normality after the worst of the pandemic,...

Insurers, Banks See London Remaining a Leading Financial Center

Sep 13 2021 // London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey of financial firms showed on Monday.Britain fully left the European Union,...

Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp

Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York.The City, as London’s traditional financial...

Milan’s 20-Story Building Blaze Recalls London’s Grenfell Tower Cladding Questions

Sep 1 2021 // Italian firefighters tackled hot spots Monday in a 20-story apartment building in Milan that was destroyed by fire but said there were no indications that anyone was missing inside, as questions arose about the cladding...

Climate Activists Plan 2 Weeks of Protest in City of London

Aug 20 2021 // Environmental activists who caused days of traffic chaos in London two years ago said on Wednesday [Aug. 18] they would start a fortnight of action next week focused on the capital’s financial district, which they...

London Is Struggling to Lure Back Workers, Says CEO of Legal & General

Aug 5 2021 // The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far more than the country’s other office districts in luring workers back to their desks.Since lockdown...

Claims Adjuster Global Risk Solutions Appoints 4 to Complex Claims Unit in London

Jul 28 2021 // Global Risk Solutions Group Inc., the Miami-based P/C claims adjuster, has enhanced its Complex Claims Solutions (CCS) business unit with the addition of four claims professionals in London.These appointments are detailed...

London Court of Appeal Agrees to Reopen $7B Brazil Dam-Collapse Lawsuit Against BHP

Jul 28 2021 // London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants against Anglo-Australian mining giant BHP, reviving a case over a dam rupture behind Brazil’s...

London Staff Want Big Pay Raises Before Returning to Their Desks Full-Time: Survey

Jul 23 2021 // London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey.With COVID-19 restrictions leaving...

Zego, Supported by Swiss Re, Teams Up with bp to Insure Electric Vehicles in London

Jul 19 2021 // Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide professional insurance for bp’s electric vehicle trial in London, called “bp EV...