All the headlines from our London Topic Page, ordered by recency.
Mar 8 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year.The EU said on Wednesday that there...
Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders.Based in Toronto, Trudeau will focus on strengthening relationships with London market...
Mar 7 2018 // A classic mistake made by many small and medium sized enterprises is to assume that they are immune from cyber attacks because hackers and fraudsters have bigger fish to fry. As a result, SMEs can be under-prepared in the...
Mar 7 2018 // Not so long ago, Hartford, Conn., was widely known as the insurance capital of the world. Today, interest has shifted to technology-led insurance firms, or InsurTechs, raising the question: Where is the InsurTech capital...
Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain.Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...
Mar 2 2018 // The Woodlands Financial Group (TWFG) has expanded flood insurance products to the state of Texas in partnership with syndicated members of Lloyds of London, the agency announced.The “FloodPlus” insurance...
Feb 16 2018 // London’s transport authority unveiled proposed new rules for private hire taxi companies such as Uber by requiring them to limit working hours for their drivers, share data on travel patterns and ensure provision of...
Feb 16 2018 // Britain’s government is ready to push for the kind of Brexit plan for financial services that the City of London has long favored, but which has already run into opposition in Brussels, two government officials said...
Feb 15 2018 // The U.K.’s exit from the European Union will be a watershed moment for the City of London and weaken its role as one of the world’s leading financial centers, Bundesbank Executive Board member Joachim...
Feb 14 2018 // London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers.While the U.K. government has...
Feb 8 2018 // Everest Re Group Ltd. announced that Paul Sanders has joined Everest Insurance as head of their European Credit and Political Risk insurance business.Sanders joins Everest with over 20 years of experience in the London...
Feb 8 2018 // The link between property and transport has been perhaps the most durable in human history.Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to...
Feb 1 2018 // The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market.The Single Claims Agreement is designed “to...
Feb 1 2018 // Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He takes up the role immediately and will report to Laila Khudairi, head of...
Jan 31 2018 // European Union negotiators see no room for discussion with Britain on maintaining “passport” access to EU financial markets for its banks after Brexit, but they are willing to look at free trade in the sector,...
Jan 30 2018 // Bermuda-based Sompo International announced that Paul Ashworth has joined the company’s London Market Insurance platform as head of Marine Insurance, managing a diverse portfolio, including hull & liability and...
Jan 30 2018 // The London market’s electronic placing platform was used to close the Aon Client Treaty facility for 2018, marking a milestone in the platform’s evolution.This is probably the largest and most complex...
Jan 29 2018 // When the co-founder of a London communications group was invited to pitch for business with a Wall Street firm last November, the offer came with an unusual demand.The document explained that 15 percent of the scorecard...
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
Jan 23 2018 // American International Group Inc. is getting bigger again.Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company announced a...