All the headlines from our London Topic Page, ordered by recency.
Jun 21 2016 // Houston-based managing general agent (MGA), IMS/London American, has hired Faith Davis as a commercial underwriter in its San Antonio office. Davis has more than 25 years of experience in the insurance marketplace. Most...
Jun 21 2016 // AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London.“We have not launched the...
Jun 21 2016 // Aon Plc Chief Executive Officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said the U.K.’s centuries-long leadership in the industry would be damaged if voters choose to leave...
Jun 16 2016 // Activist investors Carl Icahn and John Paulson are making American International Group (AIG) more transparent through their representation on its board, the U.S. insurer’s president and chief executive Peter Hancock...
Jun 16 2016 // American International Group Inc. will consider establishing an operations center within the European Union if the U.K. votes to leave the political bloc, according to Chief Executive Officer Peter Hancock.“If a...
Jun 15 2016 // Britain’s partners are stepping up warnings that if it votes next week to leave the European Union, banks and financial firms based in London could lose their money-spinning EU “passports.”The City of...
Jun 14 2016 // Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining underwriting discipline,...
Jun 7 2016 // Arthur J. Gallagher has appointed two former Willis aviation brokers, Mark Champion and Paul Rogers, as divisional directors.With combined experience of nearly 70 years, Gallagher said the hiring of these “industry...
Jun 3 2016 // Brexit poses a grave threat to London’s insurance jobs and businesses, according to the International Underwriting Association of London (IUA), Lloyds, and Richard Brindle, group chief executive officer of Fidelis.In...
May 27 2016 // Towergate Underwriting has formed a Specialty London Markets underwriting division, by hiring two market leading talents in this important and undeveloped specialist opportunity for the group.John Murphy and Glenn Marshall...
May 26 2016 // QBE European Operations has appointed Alfonso De Mares as Business Development manager for Latin America. Alfonso joined QBE European Operations’ International Markets division in April and will be based in...
May 25 2016 // There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC’s London re/insurance market review of reserve adequacy.PwC pointed to the fact that the...
May 24 2016 // Britain would face trade barriers if it left the European Union and its single market, the EU’s financial services commissioner Jonathan Hill said on Monday.Hill, a Briton appointed to the European Commission by UK...
May 19 2016 // XL Group plc announced it has appointed Sean McGovern as chief compliance officer, head of Regulatory & Government Affairs, moving from Lloyd’s of London where he is chief risk officer and general counsel.In this...
May 18 2016 // Towergate Insurance has appointed Paul Longhurst as Broking and Distribution director of Towergate London Markets.Longhurst joins Towergate from Bluefin, where he has been London market broking director for 25 years....
May 13 2016 // Chubb announced the launch of a suite of three transactional risk liability insurance products for clients in the UK, across Europe and other international markets outside North America.In addition, Richard Britain has...
May 5 2016 // Membership of the European Union provides insurers with substantial benefits and London Market companies would be significantly damaged if they were lost, according to the International Underwriting Association...
May 5 2016 // CSC, the TYSONS, Va.-based technology solutions and services provider, announced it has completed the acquisition of Xchanging plc.“CSC and Xchanging together will create a leader in technology and business process...
Apr 28 2016 // Swedish car maker Volvo will begin an autonomous driving trial in London in 2017.Called “Drive Me London,” the UK trial will use real families in semi-autonomous cars. Starting with a handful of AD cars next...
Apr 22 2016 // U.S. President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership had magnified Britain’s place in the world and made the bloc stronger and more outward...