All the headlines from our London Topic Page, ordered by recency.
Mar 24 2021 // The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of...
Mar 22 2021 // Top quartile Lloyd’s Syndicate 1225, managed by AEGIS Managing Agency Ltd. (AEGIS London), is moving to a new office to accommodate its growing number of employees.The office, which will open fully once COVID...
Mar 5 2021 // Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office footprint.The firm started looking for new offices in the financial district early last year, but shelved its...
Mar 4 2021 // Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021.Headquartered in London, MarRS offers insurance advice and access to...
Mar 3 2021 // Brexit starts a new chapter for Britain to think “creatively” about keeping the UK an attractive location for international financial services companies, Britain’s finance minister Rishi Sunak told the...
Mar 2 2021 // LONDON – The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on...
Feb 11 2021 // Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data...
Feb 9 2021 // London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be...
Jan 29 2021 // Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance Platform for its fleet of fully electric vehicles.UFODRIVE...
Jan 15 2021 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced the appointment of Richard Brown to lead a new team focusing on property business through...
Dec 28 2020 // LONDON – Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 2300 GMT on Dec. 31.The 27-nation EU is Britain’s biggest financial services...
Dec 23 2020 // Allianz SE’s real estate unit will take a majority stake in a portfolio of buildings owned by British Land Co. in London’s virus-roiled West End district.The insurance giant has agreed to pay 401 million pounds...
Dec 22 2020 // A new group for senior claims managers in the London insurance market has been established by the International Underwriting Association (IUA).The Claims Strategy Committee will oversee and coordinate all claims-related...
Dec 14 2020 // AmTrust International, the UK and International arm of New York-based insurer AmTrust Financial Services, Inc., announced two key senior underwriting appointments to its Specialty Team. Dean Kiernan joins the Professional...
Dec 8 2020 // Britain’s huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU’s financial services chief said.Brexit makes it...
Dec 4 2020 // LONDON/BRUSSELS – European Union officials said on Friday a post-Brexit trade deal could finally be clinched this weekend, but London insisted that negotiations were still “very difficult” and it was...
Dec 3 2020 // Howden Broking, the international insurance broker, announced the opening of a branch office in Reykjavik, Iceland.The office is the first to be established by an international broker in the country, said London-based...
Dec 2 2020 // Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross Ballantyne and Richard Spragg, the leadership team also includes David Ledger, former...
Dec 2 2020 // Conduit Holdings Ltd. rose as the Bermuda-based reinsurer started trading in London after an 826 million-pound ($1.1 billion) initial public offering.The stock climbed as much as 7% to 534.9 pence from the offering price...
Dec 1 2020 // A senior British minister said on Tuesday there was still a chance of a turbulent Brexit without a trade deal as talks with the European Union had snagged on fishing, governance rules and dispute resolution.Just 30 days...