Latest London Headlines

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

FM Global Gets License in Luxembourg to Launch Post-Brexit EU Hub

May 31 2017 // U.S. commercial property insurer FM Global has been approved to run a European hub in Luxembourg, a move allowing it to issue policies in the European Union and other countries following Britain’s decision to leave...

Chubb Names Bryant as Regional Cyber Risk Manager, Europe

May 30 2017 // Chubb announced the appointment of Kyle Bryant to the newly created role of regional cyber risk manager, Europe.In his new role, Bryant will bring together Chubb’s dedicated local cyber risk expertise across its...

Islamic State Claims Responsibility for UK Terror Attack – Worst Since 2005

May 23 2017 // Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. Islamic State claimed...

UK Firms Choosing Luxembourg as Brexit HQ May Find Lifestyle Differences

May 22 2017 // Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc.While many find the Grand Duchy a...

JLT Re Appoints Lockton’s Barden and Warner to Aviation Team

May 17 2017 // JLT Re, the London-based reinsurance broker and consultant, has appointed Graham Barden and Jon Warner as partners in its aviation team.Barden has over 40 years of experience in the aviation market having worked in both...

Big ‘I’ Virtual University’s Boggs Gets Award for Reinsurance Research

May 16 2017 // Big “I” Virtual University Director Christopher “Chris” J. Boggs has received a prestigious award in London for a paper he and a group of industry professionals authored about the disconnect between...

Allianz Global Corporate & Specialty Appoints Cyber, Engineering Heads

May 15 2017 // Allianz Global Corporate & Specialty (AGCS) announced personnel appointments within the Cyber and Engineering lines of business.Jenny Soubra has been appointed head of Cyber and Specialty Professional Indemnity (CPI)...

People – East

May 15 2017 // Eastern Insurance Group, a Natick, Mass.-headquartered subsidiary of Eastern Bank, has hired William F. Gross as executive vice president of commercial lines.Gross, who works out of the Natick office, brings more than 17...

London-Based MGA Nexus Offers Cyber Insurance in Partnership with Beazley

May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017.Nexus will underwrite the new line, offering...

High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance

May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...

Luxembourg ‘Not Offering’ Special Deals to Lure Financial Firms After Brexit

May 5 2017 // Luxembourg is in talks with a wide range of financial firms looking to relocate out of London as Britain leaves the European Union, but it will not offer sweeteners to undercut rival centers, Finance Minister Pierre...

QBE to Move European HQ from London to Continent After Brexit

May 3 2017 // QBE Insurance Group will move its European base from London to the continent because of uncertainty in accessing the European market after Brexit, the chairman of Australia’s largest international insurer said on...

Chubb Forms ‘Custom Industry Solutions’ Product, Creates London Region

May 1 2017 // Chubb announced it has created a “Custom Industry Solutions” product cluster in UK and Ireland, which will bring together its life science, info tech, package and entertainment industry segments.This new...

London Market Group Re-Appoints Aubert as Chairman

Apr 28 2017 // The London Market Group (LMG) announced the re-appointment of Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chair.The last 12 months has seen progress across all LMG’s workstreams, including...

Chubb’s Greenberg Clarifies Criticism of Wholesale Brokers

Apr 26 2017 // In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage...

FM Global Chooses Luxembourg as Post-Brexit EU HQ

Apr 26 2017 // U.S. commercial property insurer FM Global is planning a European hub in Luxembourg following Britain’s decision to leave the bloc, the head of its European division told Reuters.The mutual insurer, which earned $5.5...

Willis Towers Watson Names 6 to Global FINEX Senior Leadership Team

Apr 25 2017 // Insurance broker and consultant Willis Towers Watson has made six senior appointments across its Global FINEX business, the company’s financial, executive and professional risk specialty group.Jeremy Wall has been...

JLT Specialty USA Hires Beecher Carlson’s Nolan in Massachusetts

Apr 24 2017 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Molly Nolan as senior vice president.Nolan comes to JLT with more than 20 years’ experience in providing insurance...

Neon Appoints Sirius’ Sethi as Senior D&F Underwriter

Apr 24 2017 // Neon has appointed Catherine Sethi as senior underwriter in its Property Direct & Facultative (D&F) team.Based in London, Sethi will report to Sam Yates, who joined Neon recently to lead the expansion and growth of...

Uber Faces Hike in London License Fees, in Latest Blow for Ride-Hailing Firm

Apr 21 2017 // Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city’s transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the...