All the headlines from our London Topic Page, ordered by recency.
Jun 14 2018 // Advent Insurance Management, the insurtech-led Lloyd’s & London market service provider, has launched Advent Insurance Consulting, following the appointment of Parminder Kaur as director.Advent Insurance...
Jun 11 2018 // The London market’s electronic placing platform, PPL Ltd., announced that aviation classes of business went live on the platform on June 11.“With only reinsurance and verticalized placements left to go, this...
Jun 7 2018 // Residents of London’s Grenfell Tower were wrongly told to stay in their apartments as fire raged through the high-rise building nearly a year ago, aided by flammable external cladding and a host of fire-safety...
Jun 6 2018 // June 6, 2018, 12:45:18 PM —About 120 firefighters are tackling a fire on the roof of the Mandarin Oriental Hotel, which adjoins the luxury One Hyde Park apartment project in Knightsbridge.Twenty fire engines are being...
Jun 6 2018 // Pembroke Syndicate 4000 has developed an endorsement for its Investment Management Insurance (IMI) policy offered by the Financial Institutions unit in London. Pembroke’s new endorsement will accompany the standard...
Jun 5 2018 // Financial services will remain a “guiding light” for Britain’s economy after Brexit and there is no intention to “rip up the rulebook” to compete better as a top financial center, a government...
Jun 4 2018 // Ryan Specialty Group has completed its acquisition of Lodestar Marine Limited of London.Within RSG, Lodestar’s operations are a part of RSG Underwriting Managers, the managing general underwriting division of Ryan...
May 24 2018 // The International Underwriting Association of London (IUA), representing carriers operating in or through London, has formed a group on cyber underwriting specifically for reinsurers.The organization said the move follows...
May 23 2018 // Survivors of a devastating high-rise fire in London wept Monday as relatives paid tribute to some of the 72 victims at the opening of an inquiry into Britain’s deadliest blaze in decades.The Grenfell Tower inquiry is...
May 23 2018 // Lloyd’s of London reported that it has received licence approval from the National Bank of Belgium for Lloyd’s Insurance Co.Lloyd’s Brussels will be able to write non-life risks from the European Economic...
May 21 2018 // Lloyd’s of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at a recent meeting of U.S. regulators in Washington,...
May 20 2018 // Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them.Insurance...
May 7 2018 // Lloyd’s of London, AIG, Allianz and other insurers are ignoring assurances and establishing new hubs in Britain and the European Union before Brexit in March 2019 to ensure access to customers.The moves come despite...
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
Apr 27 2018 // Don’t expect Chubb to pursue an acquisition anytime soon. Chairman and CEO Evan Greenberg repeatedly downplayed the possibility of one in what he referred to as an “overpriced” market.“The prices...
Apr 27 2018 // Fitch Ratings said in a recent report that the sector outlook for London market insurance remains negative in 2018, reflecting its analysts’ expectation that underwriting results will continue to be pressured by the...
Apr 24 2018 // Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, its chief executive Inga Beale said on Monday.The largest commercial insurance market in the world...
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Apr 19 2018 // A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year.Juan Franco of La Linea on the southern tip of...
Apr 17 2018 // The United States and Britain on Monday accused Russia of launching cyber attacks on computer routers, firewalls and other networking equipment used by government agencies, businesses and critical infrastructure operators...