Latest London Headlines

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

London Company Market Grew 10% in 2019

Oct 8 2020 // Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale risks underwritten by firms in the City.A new report from the International Underwriting...

EU Sources Say Brexit Deal with Britain on Social Benefits ‘Closer’: Reuters

Oct 7 2020 // Britain and the EU are closer to agreement on reciprocal social security rights for their citizens after Brexit, two diplomatic sources said, with one describing talks last week on an elusive trade deal as “one of...

Argument in London Pub Between U.S., British Agents Is Focus of UK Employment Suit

Oct 2 2020 // An insult-laden spat at a London pub that strained relations between U.S. and British law-enforcement agencies is at the center of a employment tribunal lawsuit against the UK Serious Fraud Office.Tom Martin, an...

More Than 7,500 Financial Services Jobs Move to Europe from London: EY Brexit Tracker

Oct 1 2020 // More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday.Banks, insurers and asset...

Uber Granted 18-Month License Extension in London After Legal Review

Sep 29 2020 // Uber Technologies Inc. won the ability to continue operating in its biggest European market after a London judge granted the ride-hailing service an 18-month license extension.Uber did enough to satisfy the court that it...

Howden Acquires London-Based Broker St Giles Legal & Professional Risks

Sep 29 2020 // Howden, the independent employee-owned insurance broker, announced it has reached an agreement to acquire St Giles Legal & Professional Risks, a London-based professional indemnity insurance broker specializing in the...

UK Insurer LV= Says Talks Continue with Number of Parties About Possible Merger

Sep 28 2020 // UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London.The company...

New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index

Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres.The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...

Lloyd’s CEO Neal Sees Appeal of COVID Business Insurance Ruling Coming

Sep 25 2020 // Lloyd’s of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to be...

EU’s Barnier Still Hopes for UK Trade Deal Despite Latest Crisis

Sep 18 2020 // The European Union’s Brexit negotiator told the bloc’s 27 national envoys to Brussels that he still thinks a trade deal with Britain is possible despite a new crisis in the tortuous four-year saga, diplomatic...

Londoners Slowly Return to Work After Schools Reopened

Sep 18 2020 // Londoners are slowly returning to work in offices, factories and stores after children went back to school at the start of the month.Data compiled by Google show workplace attendance has increased slightly in three of the...

Paskin Named CEO of Convex Re, Bermuda; Butt Named CEO of Convex Insurance UK

Sep 18 2020 // Convex Group Ltd., the specialty insurer and reinsurer, announce that Matt Paskin has been appointed as CEO of Convex Re Ltd. (Bermuda) and Theo Butt has been appointed as CEO of Convex Insurance UK Ltd. (London).These...

Chances for Brexit Deal With Britain Fade Every Day, Warns European Union Leader

Sep 16 2020 // Every passing day reduces chances for sealing a new trade deal with Britain, the European Union’s chief executive said on Wednesday, warning London that there was “very little time” left to put an...

London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

Sep 15 2020 // London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority...

COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro

Sep 15 2020 // In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at the same time...

Guy Carpenter’s Riley to Join Lockton Re Aviation Practice in London

Sep 14 2020 // Global reinsurance broker Lockton Re announced that Dominic Riley will be joining Lockton Re in London to lead the Aviation & Aerospace practice early next year. Riley was most recently part of the Aviation team at Guy...

Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday

Sep 14 2020 // Insurers battered by coronavirus are about to find out how much worse the damage could get.A London court is set to rule Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group...

ACORD’s Innovation Tools Experiencing Soaring Reinsurance Demand

Sep 10 2020 // ACORD, the standard setting body for the global insurance industry, is experiencing a massive jump in global reinsurance and other industry interest in its digital products and services, CEO Bill Pieroni said.The increase...

Hiscox Unites 3 Special Risk Teams Under a New Crisis Management Division

Sep 9 2020 // Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines.Headed up...

London Underwriters Launches Online Agent Platform in Texas

Sep 8 2020 // London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas.London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program...