Latest London Headlines

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

AEGIS London Hires Rouse as Casualty Underwriter

May 14 2015 // AEGIS London has appointed Dan Rouse as casualty underwriter. He joins from broker Howden.Rouse will join the established team of London-based underwriters writing an international book of business, excluding...

Old Mutual Q1 Sales Rise 18% on Growth in Emerging Markets Business

May 14 2015 // Old Mutual plc, the London-based insurer, said first-quarter sales gained 18 percent as revenue from operations in Africa jumped by a third.Gross sales increased to 7.3 billion pounds ($11.5 billion), from 6.3 billion...

UK Elects the Conservatives, but Question of EU Status Remains

May 8 2015 // “Heavy Fog In Channel. Continent Cut Off.” That often quoted newspaper headline, which dates from at least the 1930’s, captures the ambivalent feelings the British have about their European neighbors....

In Land of Negative Yields, Even Conservative Insurers Eye Junk Bond Investments

May 5 2015 // The new fixed-income haven is, of all things, the market for junk bonds.With government securities in Germany to Japan and Ireland yielding less than nothing, money is pouring into exchange- traded funds that buy...

Hiscox London Market Launches Stand-Alone Threat Product

May 4 2015 // Specialist global insurer Hiscox has launched a stand-alone Threat product designed to protect businesses against the loss of revenue suffered as a result of a threat or hoax.The Hiscox Threat policy provides non-physical...

Roscoe Appointed Head of London and European Broker Relations for Beazley

May 1 2015 // Specialist insurer Beazley has appointed Will Roscoe to head the company’s broker relations activity in the London and European markets.Roscoe brings extensive experience of the insurance market both as a broker and...

Old Mutual’s CEO Roberts Steps Down, Hemphill Appointed

Apr 15 2015 // Old Mutual plc’s Julian Roberts is stepping down as chief executive officer of Africa’s biggest insurer and will be replaced by Standard Bank Group Ltd.’s Bruce Hemphill.Roberts, 57, is resigning after...

Lloyd’s of London Offers Wildfire Insurance to Oregon at Higher Rates

Apr 6 2015 // The state of Oregon has a chance to continue its unique insurance policy that helps pay for fighting wildfires in big burning years – but at a higher premium and deductible.Lloyd’s of London has offered to cover up...

Yemen Conflict Adds to Worries for Ships Dodging Pirates, Terror

Mar 30 2015 // When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs.That’s the time a supertanker saves by using the Bab el-Mandeb waterway that skirts Yemen at the southern tip of the Arabian...

Catlin Joins London Natural History Museum’s Major Coral Reef Exhibition

Mar 27 2015 // Catlin Group Limited announced that it has joined forces with the Natural History Museum in London to present a major exhibition, which opens today, exploring the importance and beauty of the world’s coral...

Meltdown at RSA’s Irish Unit Laid Bare at Dublin Employment Tribunal

Mar 27 2015 // Philip Smith’s son thought the worst when friends texted him on an evening in early November 2013, saying “sorry to hear about your father.”“He assumed I was dead,” Smith, 47, told an...

StartPoint Adds $25M in Capacity for U.S. D&O Market

Mar 23 2015 // Managing general agency StartPoint has added $25 million in new capacity for the U.S. directors & officers (D&O) insurance marketplace. The complete amount of the capacity is provided by certain syndicates at...

China’s Fosun and Ping An Insurance Vying to Buy $1.6 Billion Berlin Complex

Mar 19 2015 // Fosun International Ltd., backed by Chinese billionaire Guo Guangchang, is vying with Ping An Insurance (Group) Co. to acquire 18 buildings on Berlin’s Potsdamer Platz square, people with knowledge of the matter...

AXA Sees Opportunity in Abandoned London Skyscraper, the Pinnacle

Mar 18 2015 // When work halted on the Pinnacle tower in the City of London, most investors saw little more than an abandoned site. AXA Real Estate Investment Managers viewed it as an opportunity.“The foundation exists at this...

Industry Expertise, Data, Capital Can Help Reduce Global Disaster Risks: Interview

Mar 17 2015 // Margareta Wahlström, the UN Secretary General’s special representative for disaster risk reduction, and Rowan Douglas, Willis CEO for capital, science and policy practice, have been hard at work preparing for a...

Lloyd’s Suit, Upcoming NFL Draft Shine Light on Sports Insurance

Mar 13 2015 // As the 2015 National Football League draft approaches, a lawsuit against Lloyd’s of London by former University of Southern California Trojans receiver Marqise Lee has placed a spotlight on sports disability...

AXA Buys London Pinnacle Site for Redesigned Skyscraper

Feb 20 2015 // AXA Real Estate Investment Managers, the property unit of France’s AXA Group, has bought the London site of the halted Pinnacle skyscraper and plans to build a tower of its own design.The building at 22 Bishopsgate...

Lancashire Seen as Target as Lloyd’s Consolidation Trend Continues

Feb 17 2015 // Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired.Lancashire, which gained...

Reports Show Insurers Lag Behind in Adopting Technology

Feb 17 2015 // At a time when the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind.Some insurers are using developments...

Canada’s Fairfax to Acquire London-Based Brit for $1.88 Billion

Feb 17 2015 // Fairfax Financial Holdings, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for some $1.88 billion to become one of the top five underwriters on the...