Latest London Headlines

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

Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm

Jul 16 2020 // Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new...

U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela

Jul 14 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...

U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions

Jul 13 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...

London Workers Seek Assurance Transport System Is Safe Before Returning to Offices

Jul 9 2020 // Workers in the City of London need to have greater confidence that traveling on the capital’s public transport system is safe before they will return to their offices amid “mixed messages” from officials,...

Willis Re Taps Moss from Lockton Re as Co-Head of Specialty Casualty Unit in London

Jul 8 2020 // Willis Re, the reinsurance division of Willis Towers Watson, announces the appointment of James Moss as co-head of Willis Re Specialty’s Casualty practice. In his role, Moss will work in tandem with Chirag Shah to...

AXA XL Names McGovern as CEO UK & Lloyd’s Market

Jul 8 2020 // AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval.McGovern had been performing the role on an interim basis for some months and has now been...

New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses

Jul 8 2020 // Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new...

American Companies Facing Pressure to Reveal Data on Diversity of Employees

Jul 6 2020 // American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide protests against racial discrimination.Many executives have...

Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms

Jul 6 2020 // LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court.With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding...

Car Crashes Became Deadlier During Lockdowns Across Globe

Jul 6 2020 // Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.In New York City,...

Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets

Jul 2 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk Solutions (GRS) has formed a new team, Sompo GRS Europe, based in...

UK Proposals for Financial Services ‘Unacceptable:’ EU Brexit Negotiator

Jul 1 2020 // LONDON – British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the...

Car Crashes Became Deadlier During Lockdowns Across Globe: Reuters Insight

Jun 30 2020 // LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis...

Brit Global Specialty USA Transfers Renewal Rights for Cargo Business to Falvey Cargo

Jun 29 2020 // Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2.As part of the deal, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as...

RKH Specialty Appoints 14 New Aviation Experts in London and Colombia

Jun 29 2020 // RKH Specialty, the London-headquartered wholesale insurance and reinsurance broker, announced the appointment of 14 new senior Aviation experts in London and Colombia, as part of RKH’s wider plan of building the...

Some Facts About London’s Role in Insuring the Slave Trade

Jun 19 2020 // London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism.This reappraisal was triggered by the death of George Floyd, a black man who died after a...

Update: Lloyd’s of London Apologizes for Its ‘Shameful’ Role in Atlantic Slave Trade

Jun 18 2020 // The Lloyd’s of London insurance market has apologized for its “shameful” role in the 18th and 19th Century Atlantic slave trade and pledged to fund opportunities for black and ethnic minority groups.About...

Lloyd’s Insurers Get Ready to Re-Open in September After Coronavirus Lockdown

Jun 18 2020 // Clear screens on underwriting boxes, temperature-check thermal cameras and a click and collect take-away catering service are among changes Lloyd’s of London insurance workers will see when they return to the office...

China Pacific Insurance Co.’s Shares Rise on $1.8 Billion London Market Debut

Jun 17 2020 // Shares in China Pacific Insurance Co. (CPIC) rose on their London debut on Wednesday after the company completed the largest fund raising on the London Stock Exchange in three years, sparking hopes of a revival in the...

McLarens Acquires Energy Claims Specialist LWI in London

Jun 12 2020 // Atlanta-based global insurance claims management firm McLarens reported it has acquired London-based Lloyd Warwick International (LWI), a provider of global specialty loss and insurance adjusters.McLaren purchased the firm...