All the headlines from our London Topic Page, ordered by recency.
Jul 10 2019 // Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in the market worked...
Jul 3 2019 // Lloyd’s has confirmed the mandated targets for electronic placement of risks for the remainder of 2019.For Q3 2019 each syndicate will be required to have written no less than 60% of its risks using a recognized...
Jul 3 2019 // The global #MeToo movement, in which women across much of the corporate world have spoken out about sexual harassment at work, is having an unintended consequence: more work for top city lawyers.Clifford Chance, one of...
Jun 25 2019 // Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email about a female employee and is planning to take similar action against a second person who...
Jun 24 2019 // Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its oldest line of business last year.Premiums for marine...
Jun 20 2019 // Lloyd’s has gathered a group of industry heavy-hitters — such as Evan Greenberg at Chubb, Dan Glaser at Marsh & McLennan, and John Haley at Willis Towers Watson — to sit on advisory committees that...
Jun 19 2019 // Lloyd’s of London Ltd. is meeting with major U.S. insurers about driving more business through its global insurance market, Chief Executive Officer John Neal said on Wednesday.The 330-year-old insurance market, which...
Jun 19 2019 // Aspen Insurance Holdings Ltd. announced that Joshua (Josh) Brekenfeld has been appointed director of Global Corporate Development.Brekenfeld joins Aspen from Lloyd’s of London where he spent six years in senior...
Jun 18 2019 // Lloyd’s of London, the 330-year-old insurance market, is pushing to revamp auto coverage as the rise of driverless cars looms. Chief Executive Officer John Neal said that Lloyd’s is talking with automakers...
Jun 17 2019 // ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC), with RITA and Optimiz.Claims named...
Jun 17 2019 // For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and lattes. Dealmaking...
Jun 13 2019 // Three U.S. companies have been slapped with a wrongful death and products liability lawsuit for manufacturing products linked to London’s Grenfell tower fire. The fire, which has been called the worst UK residential...
Jun 13 2019 // Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won’t avert a military confrontation between the U.S. and Iran....
Jun 11 2019 // BMS Group, the London-based independent specialist re/insurance broker, has partnered with BitSight, a cyber security ratings company, to provide cyber risk analysis services to BMS clients across all lines of...
Jun 11 2019 // Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior...
Jun 7 2019 // Global Risk Solutions, Inc., the Miami-based provider of claims adjusting and environmental risk management services, announced the opening of a London office.Located at Dawson House, 5 Jewry Street, London, the new office...
Jun 7 2019 // Emil Issavi, previously Aspen Re’s president and chief underwriting officer and managing director of the Americas is taking on a new role as a senior executive of Ryan Specialty Group (RSG), RSG Underwriting Managers...
Jun 6 2019 // Two new London Market model clauses to help underwriters manage cyber losses have been published by the International Underwriting Association (IUA).The wordings have been developed in order to address issues of...
Jun 5 2019 // Policymakers should “tether” London to the European Union to avoid isolating the region’s largest financial hub, harming the euro zone economy and spawning an offshore financial center, the head of the...
May 31 2019 // Climate activists from Extinction Rebellion have drawn up plans to use drones to shut London’s Heathrow Airport this summer in a campaign to stop the construction of a third runway at Europe’s busiest airport,...