All the headlines from our London Topic Page, ordered by recency.
Mar 28 2024 // Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John...
Mar 28 2024 // Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market said on Thursday, boosted by strong underwriting and investment performance.The insurance...
Mar 14 2024 // This edition of International People Moves details appointments at Howden Tiger and Markel.A summary of these new hires follows here. Howden Tiger Taps Byler From Carpenter to Lead US Casualty DivisionHowden Tiger, the...
Mar 12 2024 // Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show.Nord Stream AG names...
Feb 23 2024 // Halliwell Fire Research, the Auckland, New Zealand-based applied fire research consultancy, has expanded its international presence with the launch of a London office.The expansion follows the recent rebrand of Fire...
Feb 22 2024 // This edition of International People Moves details appointments at Aon and the London market’s electronic trading platform, PPL.A summary of these new hires follows here. Aon Promotes Goosen as Head of Professional...
Feb 14 2024 // This edition of International People Moves details appointments at Ardonagh Specialty’s Inver Re and Bermuda-based SiriusPoint.A summary of these new hires follows here. Ardonagh Specialty Taps Gallagher Re’s...
Feb 13 2024 // Arthur J. Gallagher & Co. announced the acquisition of London-based The Wright Agency Ltd., doing business as Simply-Communicate Ltd.Terms of the transaction were not disclosed. Simply is a workplace communication...
Feb 12 2024 // Hewlett-Packard lost more than $4 billion over its acquisition of British software firm Autonomy because of an elaborate fraud masterminded by its co-founder Mike Lynch to inflate the company’s value, HP’s...
Feb 1 2024 // This edition of International People Moves details appointments at Probitas, Liberty Specialty Markets, and CFC.A summary of these new hires follows here. Probitas Appoints Botnick to Launch Canadian Service...
Feb 1 2024 // Britain’s opposition Labour Party, tipped in the polls to win an election expected this year, set out its blueprint on Tuesday to “unashamedly champion” a financial sector worried about its global...
Jan 24 2024 // NFP, the insurance broking and consulting firm, announced it has acquired Advanced Insurance Consultants Ltd. (AIC), an independent insurance broker based in Hemel Hempstead on the outskirts of London.As part of the deal,...
Jan 18 2024 // Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,” and lacking the “teeth” to make a change in...
Jan 12 2024 // Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds ($178 billion) – London mayor Sadiq Khan said on Thursday, with the...
Jan 8 2024 // Lloyd’s, the re/insurance marketplace, announced that the first 144A catastrophe bond has been issued on its risk transformation platform London Bridge 2 PCC Ltd.Beazley is the sponsor of the US$100 million...
Jan 5 2024 // Gallagher Taps AIG’s Loesti as Chief Commercial Officer, European BrokingNepomuk (Nepo) Loesti has joined Gallagher as chief commercial officer of its European broking operations. The newly created role will support...
Dec 20 2023 // The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers.Chancellor of the Exchequer Jeremy Hunt will visit Bern to...
Dec 18 2023 // London’s marine insurance market has widened the area in the Red Sea it deems as high risk after a surge in attacks on commercial ships, according to a statement issued on Monday.Guidance from the Joint War Committee...
Dec 18 2023 // Society of Lloyd’s, better known as Lloyd’s of London, has reached an agreement to remain in its One Lime Street headquarters until at least 2035, the Financial Times reported.The deal with landlord Ping An...
Dec 12 2023 // Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry.The collaboration combines Hiscox London...