Latest London Headlines

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

Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports

Apr 1 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...

Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy

Mar 28 2019 // Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming a joint agreement party.Spearheaded by Neon’s recently promoted...

Lloyd’s Will Name and Shame Sexual Harassers It Bans from Market: CEO

Mar 27 2019 // Lloyd’s of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to Chief Executive Officer John Neal.“When we do see instances of bad behavior, and...

Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims

Mar 25 2019 // Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive client-side experience and perspectives, and supports the closer alignment of the...

Lloyd’s Comments on Reports of Rampant Sexual Harassment in the Marketplace

Mar 22 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...

Companies Still Learning About Fire Risks Around Robots

Mar 6 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...

Update: Aon Considers Bid to Buy Willis Towers Watson

Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger.Aon is in the early stages of exploring an all-share tie-up with...

UK Online Grocer Ocado Learns Lessons About Robotic Warehouses After Massive Fire

Mar 4 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...

Aviva Gets Court Approval to Move Assets to Ireland as Part of Wider Brexit Wave

Feb 20 2019 // England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting gun is fired...

UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior

Feb 20 2019 // Britain’s wholesale insurance brokers got a clean bill of health from the markets watchdog on Wednesday, providing some relief for an industry already spending millions of pounds on Brexit.London’s insurance...

A.M. Best Makes Senior Management Changes, Restructures Organization

Feb 19 2019 // A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, A.M. Best has also...

UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK

Feb 14 2019 // Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the uncertainty from Brexit was “intensifying” as it joined other insurers and banks triggering...

Uber’s London License Faces New Legal Challenge as Cab Drivers Fight Back

Feb 13 2019 // Months after Uber Technologies Inc. won a reprieve in a high-stakes battle over its operations in the U.K. capital, its London license is back in question.United Cabbies Group, which represents taxi drivers in the capital,...

MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover

Feb 13 2019 // Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized...

Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs

Feb 13 2019 // Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance.Led by Ascot and Beazley, the consortium brings together a range...

London’s Electronic Placements via PPL Exceeded Targets During Q4 2018

Feb 7 2019 // London’s electronic placing platform exceeded its target of 30 percent of in-scope risks during the fourth quarter of 2018, according to the board of Placing Platform Ltd. (PPL).Lloyd’s syndicates accepted 39...

Being Independent, Nimble and Niche: Keys to SSL Endeavour’s Aim to Put Clients First

Feb 6 2019 // By creating an innovative and nimble operating platform, SSL Endeavour, London-based Lloyd’s broker, aims to attract and retain the best entrepreneurial brokers who are freed up to create innovative client solutions,...

UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters

Feb 5 2019 // Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, with about 2,000 roles expected to have moved or been created overseas even as the risk of a disorderly exit...

AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty

Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...

London’s Electronic Placing Platform PPL Announces Updates, Enhancements

Jan 28 2019 // The London market’s electronic placing platform, PPL Ltd., announced a platform update.PPL said the new release includes: An enhancement so the broker can now select multiple stamps for facilities. The underwriter...