All the headlines from our London Topic Page, ordered by recency.
Sep 19 2016 // Specialist lines underwriting agency CFC has appointed Margaret Murphy as Claims Director. Murphy joins the business from the New York law firm, Wilson Elser Moskowitz Edelman & Dicker LLP, where she was a partner. She...
Sep 19 2016 // The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll.In separate reports on the...
Sep 14 2016 // Insurance intermediary Towergate is forming a London underwriting centre to be led by David Leathem as London director of underwriting. The unit will focus on specialist London market product lines.Leathem will lead the...
Sep 13 2016 // Esure Group Plc climbed to the highest since June 30 after the U.K. automotive insurer announced a plan to demerge its price-comparison website Gocompare.com through a separate listing on the London Stock Exchange.The...
Sep 13 2016 // Randall & Quilter Investment Holdings Ltd. has agreed to acquire Royal London General Insurance Co., a UK non-life insurance company in run-off, from The Royal London Mutual Insurance Society Limited. According to...
Sep 13 2016 // Reinsurance broker JLT Re has named Matthew Carter as a partner in its London Market & International Division, which is led by Bill Bennett. Carter will be based in JLT Re’s London office. In his new role, Carter...
Sep 9 2016 // London-based BMS Re US, a specialist insurance and reinsurance broker, has acquired a reinsurance intermediary that complements its own operations.BMS, which is the broking arm of Minova Insurance, acquired Advocate...
Sep 7 2016 // Chancellor of the Exchequer Philip Hammond will meet senior bankers in London on Wednesday to set out the government’s plans to support the economy and sound out their views for a post-Brexit Britain.Hammond will...
Sep 6 2016 // Lloyd’s of London and other insurers will be forced to move part of their businesses to the European Union if they fail to access the single market following Britain’s decision in June to leave the bloc,...
Sep 1 2016 // The UK’s exit from the European Union, or “Brexit,” could lead to a loss of business for Lloyd’s of London unless the UK government is able to negotiate passporting arrangements to maintain access...
Aug 30 2016 // Ireland says the Brexit vote has led to a jump in inquiries from London firms considering opening offices in Dublin, one of a handful of European cities trying to draw business away from Britain’s financial...
Aug 29 2016 // International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner.The...
Aug 26 2016 // Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels...
Aug 24 2016 // The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll.In separate reports on the...
Aug 23 2016 // Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective Jan. 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as...
Aug 18 2016 // Sompo Canopius has appointed Mark Newman as chief executive officer Sompo Canopius Asia Pacific, Middle East and North Africa. He is based in the Singapore office, reporting to Mike Duffy, chief underwriting officer.Newman...
Aug 10 2016 // London is famous for its numerous parks and gardens, but even those green spaces aren’t safe from pollution.The air in many city parks surpass legal limits for nitrogen oxide set by the European Union, according to...
Aug 5 2016 // Specialist Lloyd’s insurer Neon has appointed Olly Reeves to the role of chief risk officer. He will join Neon on Nov. 1, 2016 from his current role as head of Risk Management at Lloyd’s of London.Subject to...
Aug 5 2016 // Companies originally created the role of the chief risk officer because they “recognized that good risk management is really good business,” according to Michael Steel, former CRO at AXIS Capital.The role of...
Aug 1 2016 // Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike Duffy, group...