Latest London Headlines

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

Slow Computers & Internet, Outdated Systems Demoralize EU Workers: Survey

Apr 20 2017 // It was the third hour of doing nothing that broke James Scott.The 25-year-old researcher was sitting at his desk at an insurance firm in northern England when the internet went down. And with it went access to all of his...

Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker

Apr 7 2017 // Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities.Maule will...

CNA Hardy Names Chubb’s Legassick as Head of Life Sciences & Technology

Apr 6 2017 // CNA Hardy, the London-based specialist commercial insurer, announced the appointment of David Legassick as head of Life Sciences, Technology & Cyber.Reporting to Rhonda Buege, head of Healthcare and Technology,...

Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks

Apr 6 2017 // Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks.The Anything Lineslip is led by Beazley, supported by a number of other...

City of London Will Survive Brexit – Even if Many Jobs Move to Continent: Official

Apr 3 2017 // The City of London should emerge largely unscathed from Brexit even though thousands of banking and insurance jobs could move to the continent, the financial district’s policy chief said.The “City” or...

Madoff Deals in Locked Safe a Focus of UK Lawsuit Seeking Damages of $66M

Mar 31 2017 // Principal Financial Group Inc. accused the managers of Liongate Capital Management LLP of hiding investments with Bernie Madoff while negotiating to sell half of their London hedge fund to Principal.Founders Randall...

Qatar Insurance Subsidiary Reaffirms London Commitment with New HQ

Mar 31 2017 // A Qatar Insurance Co. SAQ unit has signed a lease for a new headquarters close to the Lloyd’s of London insurance market, which is more than twice the size of the company’s existing premises. Antares...

Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding

Mar 31 2017 // Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things...

Brussels Hopes to Lure Other Finance Firms After Its Success with Lloyd’s

Mar 30 2017 // Brussels expects to lure other financial players after convincing Lloyd’s of London, the world’s largest specialty insurance market, to make the city its post-Brexit European hub.While Lloyd’s choice on...

RMC Group to Open 2 London Offices, Affirming Commitment to UK Market

Mar 29 2017 // Naples, Fla.-based RMC Group, a consortium of insurance and actuarial consulting firms, has announced it plans to expand its international operations by opening two new offices in the United Kingdom.“Establishing a...

Update: UK Begins 2 Years of Complex Talks to Exit European Union

Mar 29 2017 // Prime Minister Theresa May set the U.K. on course for leaving the European Union in two years’ time, a divorce that will redefine the country’s relationship with its largest trading partner and end decades of...

Lloyd’s Shortlists Brussels or Luxembourg as EU HQ: Sources

Mar 28 2017 // Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources...

London Keeps Mantle as #1 Finance Center Despite Brexit Uncertainties: Survey

Mar 27 2017 // London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a...

UK Finance Firms ‘Not Crying Wolf’ in Concerns About Loss of EU Passports

Mar 24 2017 // One afternoon in mid-January, Prime Minister Theresa May walked into a meeting room in the Swiss resort of Davos to face Wall Street’s most powerful bankers.May had delivered her vision two days earlier for pulling...

Neon Launches Marine & Offshore Construction Consortium

Mar 23 2017 // Specialist Lloyd’s underwriter Neon has launched a Marine and Offshore Construction Consortium.Seeking to address the increasingly tailored insurance needs of shipyard clients, the Neon led-consortium offers $70...

Parliament Reopens After London’s Worst Terror Attack in More Than 10 Years

Mar 23 2017 // Parliament got back to work on Thursday after London’s worst terror attack in more than a decade left four people dead, including the assailant and the police officer he stabbed.Lawmakers, and those investigating the...

RSA Begins Trading on London Market Placing Platform, PPL

Mar 22 2017 // International insurer RSA has begun trading on the London insurance market’s electronic placing platform, PPL (Placing Platform Ltd.), which enables brokers and underwriters to quote, negotiate, bind and endorse...

Experience Is Everything for Krefta, CEO-in-Waiting at Hiscox Re & ILS

Mar 17 2017 // When someone gets to be a CEO at the age of 36, perhaps it’s a good idea to listen to his story about how he got there and some of the lessons he’s learned.From his current position as chief underwriting...

Rival EU Cities Compete to Attract UK Firms Seeking Post-Brexit HQs

Mar 15 2017 // Ireland has complained to the European Commission that it is being undercut by rival centers competing to host financial firms looking for a European Union base outside London after Brexit.Last week, U.S. insurer AIG...

Luxembourg Successfully Woos UK Finance Firms Seeking Post-Brexit HQs

Mar 10 2017 // Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.’s exit from the European Union, as insurers, asset managers and financial-technology companies are...