All the headlines from our London Topic Page, ordered by recency.
Mar 10 2017 // A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients’ access to the London insurance market, according to the London Market Group (LMG), an association representing London’s...
Mar 7 2017 // PwC has created a working blockchain prototype for the London Market’s Target Operating Model (TOM) Innovation Exchange, which demonstrates how the technology can support claims bordereau management processes, the...
Mar 6 2017 // PPL, the London market’s electronic placing platform, announced that marine business is now available to be bound on the PPL platform.The platform began trading stand-alone terrorism risks in July 2016, and now...
Mar 6 2017 // Texas Insurance Commissioner David Mattax has been reappointed to the post by Gov. Greg Abbott, the governor’s office announced. His term expires Feb. 1, 2019.Mattax has served as insurance commissioner since January...
Mar 3 2017 // Uber Technologies Inc. lost a ruling over London transport rules that require language tests for drivers, which could keep 40,000 people from joining the industry over the next three years.Judge John Mitting ruled in favor...
Mar 3 2017 // The European Union’s market watchdog is investigating ways to stop national regulators competing unfairly with each other as they try to attract firms from Britain after Brexit in a beauty parade of financial...
Mar 1 2017 // BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London...
Feb 27 2017 // Guided by cameras and radars, and negotiating traffic and roundabouts, a self-driving Nissan car took to the streets of London on Monday for the Japanese company’s first European tests of an autonomous...
Feb 27 2017 // Asta, the London-based Lloyd’s third party managing agent and specialist MGA investor, announced it has agreed to invest in the development of Arma Underwriting Ltd. Asta will take a minority equity stake in Arma and...
Feb 24 2017 // U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU’s financial market, industry...
Feb 22 2017 // AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market...
Feb 21 2017 // It’s official: Bruce Carnegie-Brown will become the next chairman of Lloyd’s. Following a meeting of the Council of Lloyd’s, his appointment as successor to John Nelson was approved unanimously. His...
Feb 20 2017 // Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, according to Boat Owners Association of The...
Feb 20 2017 // W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward.W/R/B Underwriting, the company’s Lloyd’s managing...
Feb 15 2017 // Ed, the London-based reinsurance, wholesale and specialty broker, has announced several appointments over the past few weeks in the areas of international property and casualty, marine and energy, finance, and...
Feb 15 2017 // Lloyd’s of London Chief Executive Officer Inga Beale said Donald Trump’s presidency and the U.K.’s planned exit from the European Union are creating opportunities to sell insurance guarding commercial...
Feb 14 2017 // British technology startups are beginning to stress out over Brexit.Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for...
Feb 13 2017 // Neon has appointed Nick Pritchard as head of Property Reinsurance. Pritchard initially will be based in Neon’s Bermuda office and will oversee the growth of Neon’s property reinsurance operations across both...
Feb 8 2017 // Berkshire Hathaway Specialty Insurance Co. (BHSI), in coordination with its affiliate Berkshire Hathaway International Insurance Ltd. (BHIIL), announced it has opened a new office in London.In addition, key executive roles...
Feb 6 2017 // The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble...