Latest London Headlines

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

AIG May Move Europe HQ from London to Another EU Country on Brexit

Nov 22 2016 // U.S. insurer AIG may move its European headquarters from London to another European Union country because of Britain’s vote to leave the EU, the head of the AIG’s European and UK operations said at an industry...

Brit Launches Diamond Processing Consortium with Capacity Up to $50M

Nov 16 2016 // Brit Ltd., the London-based specialty insurer, announced the launch of a Lloyd’s consortium for diamond processing.Now quoting business, the new consortium brings additional capacity of up to $50 million to the...

Miller Appoints Griffiths to Its Sports & Entertainment Team

Nov 15 2016 // David Griffiths, who has held several top sports insurance broking and production roles in a career spanning 25 years has joined Miller’s sports and entertainment team to further boost its growth plans.Griffiths...

Arthur J. Gallagher Buys London-Based Employee Benefits Firm, Argentis

Nov 10 2016 // Arthur J. Gallagher & Co. announced the acquisition of Argentis, based in London, England. Terms of the transaction were not disclosed.Founded in 2005, Argentis is a financial planning and employee benefits consultant...

Markel International Taps Beazley’s Maher for U.S. Cyber Market in London

Nov 8 2016 // Specialist insurer Markel International has appointed Andrew Maher as senior underwriter, emerging risks, within its specialty and financial lines division. Maher’s focus will be on further development and expansion...

Towergate Renames London Market Broking Business as ‘Bishopsgate’

Nov 2 2016 // Towergate has renamed its London market broking business as “Bishopsgate.”Formerly known as Towergate London Market, Bishopsgate aims to give “regional brokers better access to market, better service and...

Markel Buys Galleon Marine Insurance Agency, London-based MGA

Nov 1 2016 // Markel International has acquired Galleon Marine Insurance Agency, the London based MGA that specializes in marine professional indemnity and cargo liability business.Markel Capital Holdings today acquired the issued share...

UK Uber Drivers’ Court Victory Over Pay Could Rejigger Gig Economy

Oct 31 2016 // Uber Technologies Inc. lost a lawsuit over pay and vacation time for U.K. drivers at the car-sharing service in a ruling that could change how workers are treated in the country’s burgeoning gig economy.Three London...

UK Employers Downbeat About Economy, Hiring After Brexit Vote: Poll

Oct 26 2016 // The number of British firms that are confident about the economy halved after the Brexit vote, with larger firms and those in regions which voted to stay in the EU more downbeat than those in areas that backed Leave, a...

P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region

Oct 24 2016 // Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company...

Western Insurers Slowly Re-Enter Deals with Iran – a Market Valued at $9B

Oct 21 2016 // Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions 10 months on from the lifting of international...

Finance Execs Should Slash Their Pay to Win Back Trust in Business: Lloyd’s CEO

Oct 13 2016 // Finance executives should consider slashing their own paychecks as the U.K. works to exit the European Union in order to win back the trust of people who have lost faith in large businesses, according to Lloyd’s of...

London’s Mayor Khan Warns Exiting EU Could Make UK Poorer

Oct 12 2016 // London Mayor Sadiq Khan told business leaders that he’ll fight any attempt to take the U.K. out of the European Union’s single market, a move he says could make Britain poorer.“If we were to leave the...

Markel International Appoints O’Shea as Head of Reinsurance Claims

Oct 10 2016 // Markel International, the London-based specialist insurer, has appointed Chris O’Shea as head of reinsurance claims. O’Shea will oversee a portfolio of claims including those from the reinsurance teams based in...

London Insurance Market Prepares to Hold Catastrophe Response Test

Oct 5 2016 // The London insurance market plans to test its response this month to a major catastrophe on the scale of the 9/11 attacks, the chairman of insurer Hiscox said on Tuesday.While insurers have coped with regular hurricanes,...

Britain’s Financial Sector Fears Damage from Brexit Lobbying Squabbles

Oct 3 2016 // Large banks in Britain have clashed with other parts of the financial sector about who should be leading efforts to lobby the government over Brexit.Failing to present a united front could be damaging as the industry,...

Lloyd’s Insurer Advent Names Gray as Direct & Facultative Property Consultant

Sep 23 2016 // Lloyd’s insurer Advent has appointed Jonathan Gray as consultant for its direct & facultative (D&F) property division. He takes up his role with immediate effect and will report to Nigel Fitzgerald, CEO.Gray...

New MGA Verve to Target Liability Market for Insurance Agents, Insurers in U.S.

Sep 22 2016 // Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers.The...

Lloyd’s to Move Some Business to EU if UK Loses Post-Brexit Passporting

Sep 22 2016 // The Lloyd’s of London insurance market is already working on plans to move some business to the European Union, aiming to be ready for the shift as soon as Britain starts divorce proceedings from the bloc, its...

Lockton Launches Corporate Terrorism Product with London Markets

Sep 20 2016 // Insurance broker Lockton, in conjunction with London Market insurers Hiscox, Beazley, Talbot and XL Catlin, have launched a new product – Terrorism Crisis Solutions (TCS) – designed to offer corporate clients a...