All the headlines from our London Topic Page, ordered by recency.
Aug 7 2017 // U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said.An...
Aug 4 2017 // American International Group Inc., the provider of commercial insurance, told regulators it could face claims costs from the Grenfell Tower fire that killed dozens of people in June in London.“Our net exposure to...
Aug 4 2017 // Chubb announced the appointment of three new positions within its regional claims team.Marc Scheidegger has been appointed as claims director, Continental Europe, and will be based in Paris. With 22 years of experience in...
Aug 3 2017 // JLT Re, the global reinsurance broker and consultant, has appointed Ben Gray as a partner in JLT Re’s London & International Markets (LIM) team with a focus on cyber treaty.Gray joins from UK-based broker Ed...
Aug 3 2017 // Fortegra, a Tiptree Inc. company has partnered with the CHART (Coverholders And Risk Takers) Exchange, an organization of coverholders, London-based syndicates, admitted markets and other vendor partners who provide...
Aug 2 2017 // Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday.Nicky Morgan,...
Jul 26 2017 // Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president.He is based in the London office and reports to Adam Hedley,...
Jul 25 2017 // Insurance against terror attacks must adapt to face up to the threats posed by so-called lone-wolf militants and the rise of cyber crime.That’s the view of Julian Enoizi of Pool Reinsurance Co., the U.K....
Jul 25 2017 // U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said...
Jul 24 2017 // London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama.The product...
Jul 21 2017 // Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction.London-based Castel Underwriting Agencies, part of Barbican Insurance Group, is a...
Jul 20 2017 // Allianz Global Corporate & Specialty (AGCS)* has appointed Paul Smith as head of Engineering, Regional Unit London (RUL).He reports regionally to Carsten Scheffel, AGCS board member and chief regions & markets...
Jul 19 2017 // Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s...
Jul 14 2017 // A shareholder of Arconic Inc. on Thursday filed a lawsuit accusing the company of defrauding shareholders over its supply of cladding panels used at Grenfell Tower, the London high-rise where at least 80 people died in a...
Jul 13 2017 // The insurance and long-term savings sector is one of the UK’s most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according to a study...
Jul 11 2017 // Property/casualty wholesaler, U.S. Risk Insurance Group LLC, has acquired Texas-based IMS London American Brokerage and Underwriting Services.IMS President Larry Mennes has been named president of U.S. Risk’s...
Jul 11 2017 // A former Texas businessman was sentenced to seven years in prison and ordered to repay nearly $4 million in an insurance scam targeting a British company.Federal prosecutors say 66-year-old Wesley Michael Woodyard was...
Jul 10 2017 // The insurer of London’s Grenfell Tower, where at least 80 people died in a devastating fire, raised its estimate for property and liability insurance claims to 50 million pounds ($65 million) on Friday [July...
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
Jul 6 2017 // AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty re/insurer that operates through Lloyd’s of London.“The US$604 million transaction adds scale and breadth to the international...