All the headlines from our London Topic Page, ordered by recency.
Sep 18 2019 // Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses.The more than 300-year-old corporation made a profit before tax of 2.3 billion pounds...
Sep 4 2019 // Global re/insurer MS Amlin announced that Chris Beazley, CEO of MS Amlin AG, will be expanding his leadership role to include all of MS Amlin’s reinsurance business with immediate effect. Beazley takes over the...
Sep 3 2019 // British finance minister Sajid Javid told representatives of the country’s financial services industry on Monday that the sector was a top priority for him as the country prepares to leave the European Union, a...
Sep 3 2019 // London’s outsized role in the global insurance industry is being whittled down by Brexit.As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a...
Aug 29 2019 // Not long after Britain voted to leave the European Union, the City of London’s chiefs grudgingly began hammering out plans for the worst: that Britain might eventually abandon the EU’s single market. Now the...
Aug 15 2019 // London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time short-seller Muddy Waters issued a report challenging the company’s accounts last...
Aug 14 2019 // Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the Liberty GTS international tax liability insurance team for tax risks related to merger and...
Aug 12 2019 // More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other recognized...
Aug 6 2019 // Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank as it sought to seize the ships, accusing the owners of loan default.The accusations, which led to the...
Aug 5 2019 // Not long after Jimi Hendrix’s “Hey, Joe” put the final note on three days of sex, drugs and rock n’ roll in a muddy cow pasture in upstate New York, Woodstock promoter Michael Lang recalled in an...
Aug 1 2019 // Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS.Andrew Dolphin has been appointed director of Underwriting – London, replacing Megan McConnell who is relocating to...
Jul 31 2019 // Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Ltd. from funds managed by Carlson Capital, a U.S.-based alternative asset management firm, subject to regulatory approval.The...
Jul 29 2019 // Argo Group International Holdings Ltd. is warning that its results for its 2019 second quarter will take a hit due to losses affecting operations in London, Europe and Bermuda.Issues at play include: Prior year losses of...
Jul 29 2019 // AXA XL announced three senior appointments to its London Reinsurance team, with the promotion of Megan Kempe, coupled with the additions of Nick Pascall and Conor Gaffney.Kempe has been promoted to head of US Property...
Jul 23 2019 // UK lawyers with lucrative careers in European Union law are fighting to save their jobs after the bloc’s top courts warned that a no-deal Brexit would forbid them from representing clients.In an April letter, a...
Jul 23 2019 // Europe is facing a second heatwave this summer, just weeks after the hottest June on record, intensifying concern over climate change and the rise in extreme weather events.Swathes of northwest Europe will struggle to...
Jul 22 2019 // Ryan Specialty Group announced it will open an office in Barcelona as the next step in the evolution of the company’s transactional risk business, expanding both geographically and by product offering.This office...
Jul 16 2019 // The European Union is bracing for either a no-deal Brexit or another delay if Boris Johnson becomes Britain’s prime minister next week with a pledge to renegotiate a deal the bloc says it will not reopen.The...
Jul 15 2019 // Allianz Global Corporate & Specialty SE (AGCS) has appointed Christof Bentele to the newly created position of head of Global Client Management for Alternative Risk Transfer.His previous role as head of Global Crisis...
Jul 12 2019 // London Mayor Sadiq Khan’s decision to charge Uber Technologies Inc. drivers to operate in the city center amounts to racial discrimination and puts some out of business, lawyers for the drivers said Wednesday in...