Latest London Headlines

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

Endurance Hires Quartly to Launch International Casualty Insurance Business

Mar 7 2016 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Giles Quartly has joined the company senior vice president, head of International...

Old Mutual’s Stock Gains on Reports It Will Break Up Businesses

Mar 7 2016 // Old Mutual Plc, the U.K.-based financial services firm that is Africa’s largest insurer, climbed on speculation that it is considering a breakup of businesses as part of a strategic review.The company rose as much as...

Drone Flies Within 20 Feet of Air France Jet Above Paris; Investigation Under Way

Mar 4 2016 // A drone came within 5 meters (20 feet) of a potentially catastrophic collision with an Air France plane coming in to land at Paris Charles de Gaulle airport, marking one of the closest encounters so far between one of the...

Lloyd’s Underwriter Marketform Appoints Lednor as Chief Underwriting Officer

Mar 2 2016 // Specialist Lloyd’s underwriter Marketform announced that Darren Lednor, formerly the active underwriter of Ariel Syndicate 1910 and 6117, has joined as chief underwriting officer.Lednor has been working in the...

As UK Debate over Brexit Heats Up, Some Suggest Looking at Lessons of History

Feb 26 2016 // Cities don’t stay on top forever. Just look at Venice in the 15th century, Philadelphia in the 18th or even Vienna in the 19th.It’s a lesson some Londoners worry is being forgotten when it comes to the...

What Will ‘Brexit’ Mean for London’s Financial Center? Some Questions Answered

Feb 19 2016 // The U.K.’s looming in/out referendum on European Union membership, which may come as early as June, has sparked jitters, with analysts predicting declines in everything from London property prices to the pound. But...

Norwegian Hull Club to Open Office in London

Feb 12 2016 // The Norwegian Hull Club, one of the world’s largest pure marine insurers, is planning to “plug into London” with the opening of its first office outside Norway.The club’s board confirmed this week...

‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market

Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...

London-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform

Feb 10 2016 // Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform.Brit has received approval to begin underwriting from both...

London-Based Chubb Global Markets Names Marine Team Leaders

Feb 8 2016 // Chubb Global Markets, the London-based wholesale insurance division of Chubb, announced the appointment of the leaders of its marine team, with immediate effect.Mark Edmondson, formerly head of marine for legacy Chubb...

CFC Underwriting, London-Based MGA, Expands Transaction Liability Team

Feb 8 2016 // London-based CFC Underwriting has added two new underwriters to its growing transaction liability team. This follows last year’s appointment of Matthew Giddings to drive the development of a new line of business for...

Mitsui Sumitomo Insurance Completes Acquisition of ‘MS Amlin’

Feb 2 2016 // Lloyd’s of London insurer Amlin plc announced the completion of its acquisition by Mitsui Sumitomo Insurance Co. Ltd., a wholly owned subsidiary of MS&AD Insurance Group Holdings Inc., following receipt of...

Liberty Specialty Markets Enters Chinese Market via Lloyd’s China Platform

Jan 28 2016 // London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform.LSM’s Underwriting Division of Lloyd’s Insurance Company (China) Ltd....

People – Midwest

Jan 25 2016 // Jamie Van Riet has been promoted to the role of Director of Operations at Middleton, Wis.-based Compass Specialty Risk LLC.Van Riet previously worked as an account manager for Compass Specialty Risk, overseeing compliance....

Stephenson to Join JLT Re’s Marine & Energy Division in London

Jan 22 2016 // JLT Re announced that Martin Stephenson will join its Marine and Energy Division subject to the fulfillment of his existing contractual obligations.Stephenson will work closely with the division’s head, Nick Jay, and...

Armour Group Invests in Cobalt, Shariah Compliant Re/Insurance Provider

Jan 20 2016 // Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour Group Holdings Ltd., the Bermuda-based diversified insurance group....

Fisher Appointed CEO of U.K.’s Chartered Insurance Institute

Jan 11 2016 // Sian Fisher has been appointed CEO of the London-based Chartered Insurance Institute (CII)*. She succeeds Dr. Sandy Scott, who announced his retirement in March last year. Fisher will take up her new post on Feb. 1Fisher...

People – West

Jan 11 2016 // H.W. Kaufman Financial Group, headquartered in Detroit/Farmington Hills, Mich., named Wayne Bates president of Atain Insurance Cos. and corporate senior vice president of Kaufman Financial Group.Bates joins Atain following...

Allianz Global Creates North America Crisis Management Unit

Jan 7 2016 // Allianz Global Corporate & Specialty (AGCS) announced it has launched a Crisis Management division to assist its North American clients. Marcos Garcia Norris has been named crisis management regional practice group...

RSA Revamps Marine Management Team in Response to Challenging Market

Jan 7 2016 // London-based RSA Insurance has revamped its marine management team “to better meet the challenges and opportunities in today’s marine insurance market.”In three newly created roles: Rob Cook has been...