All the headlines from our London Topic Page, ordered by recency.
Oct 24 2019 // Intense dialog between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday.Banks, insurers and asset managers in...
Oct 22 2019 // Fidelis Insurance announce that Matthew Bellamy will join Fidelis Underwriting Ltd.’s (FUL) London underwriting team to continue to build its reinsurance business.Bellamy has over 13 years of experience where he was...
Oct 21 2019 // Insurtechs have been making headlines for several years with how they are changing the insurance business and the threat they pose to traditional insurance distribution. But as these fledgling insurance technology firms...
Oct 17 2019 // Castel Specialty, the London-based division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has entered the construction and engineering market, primarily focused on the UK, North America,...
Oct 15 2019 // London-based specialty broker Price Forbes has launched a U.S. healthcare practice headed by market veterans Paul Voller and David Fairbank, who are joining from JLT Group.Based out of London the practice will focus on the...
Oct 15 2019 // Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s policy chief told Reuters, warning people not to be duped by the low number...
Oct 15 2019 // From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with...
Oct 10 2019 // Gross written premiums written by the London company market have increased by 8.1% to £28.437 billion ($34.7 billion) in 2018, according to a report published by the International Underwriting Association (IUA)Gross...
Oct 9 2019 // The Reinsurance Solutions business of Aon plc has established a Global Wholesale Committee based in London.The committee has been formed to further enhance client services and further cultivate the firm’s...
Oct 9 2019 // A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in an elaborate fraud to seek $77 million in insurance money, a London judge found.In 2011, Marios Iliopoulos lured the...
Oct 3 2019 // A U.K. lawsuit filed against Google by millions of iPhone users over data-collection claims was given the go-ahead by London appeals judges who overturned an earlier ruling that had thrown out the case.The group, known as...
Sep 30 2019 // Lloyd’s of London has unveiled a blueprint for action to facilitate its Future at Lloyd’s project, which aims to “build the most advanced insurance marketplace in the world.” This first blueprint,...
Sep 30 2019 // The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been wound down in its current form, having delivered the majority of proposed solutions, which are now in...
Sep 30 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a U.K. managing general agent that specializes in cyber risk and...
Sep 27 2019 // The European Union is rapidly losing faith that U.K. Prime Minister Boris Johnson can deliver a divorce deal by the Oct. 31 deadline, as Brexit talks stumble.EU officials view Johnson’s inflammatory rhetoric against...
Sep 26 2019 // American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join AIG as global head of Aerospace, General Insurance. James Langdon will join AIG as...
Sep 25 2019 // Uber Technologies Inc. has been granted a two-month license to operate in London as the ride-hailing app makes stuttering progress in winning over the city’s regulator.Transport for London had previously declined to...
Sep 24 2019 // Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are enduring a toxic...
Sep 24 2019 // Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry.“I’m going to give you a speech without a joke, I’m...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...