Latest London Headlines

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

Lloyd’s Appoints Mackinnon as General Representative in Australia

Feb 3 2015 // Lloyd’s, the specialist insurance and reinsurance market, has appointed Christopher Mackinnon as its new general representative in Australia.Mackinnon starts in early February and brings with him more than 21...

Smaje Appointed Willis GB Chief Broking Officer; Rooley for Aerospace

Jan 21 2015 // Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, announced that it has promoted Philip Smaje to Chief Broking Officer for Willis GB, the operating segment that includes Willis’s UK...

Chinese Insurers’ Hunt for Trophy Properties Boosts NYC, London Prices

Jan 20 2015 // What do New York’s most famous hotel, the Lloyd’s of London building and the headquarters of the U.K.’s top law firm have in common? They’re all owned by Chinese insurers.This new breed of buyers,...

ACE Promotes Langdon to Global Head of Upstream Energy

Jan 16 2015 // ACE Group announced that James Langdon, Lloyd’s market manager for energy within ACE Global Markets, has been promoted to the new role of global head of upstream energy as the company continues to build its presence...

Attempts Made to Disguise Iranian Oil Near U.A.E., Say Marine Insurers

Jan 15 2015 // Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers...

U.K. Power Grid Under Cyber-Attack Every Minute; Government Hikes Defenses

Jan 9 2015 // The U.K. government is one step ahead of hackers trying to turn off the country’s lights — for now.The prospect of cyber-attacks on the nation’s power network is major threat to the country’s...

Impatient New Zealander Jolts U.K. Insurance with Aviva Shake-Up

Jan 9 2015 // During Mark Wilson’s first week at Aviva Plc in London he stormed out of a meeting with top executives after growing frustrated with the lack of boardroom debate.In the two years since, the chief executive officer...

OdysseyRe Appoints New Execs for EuroAsia, London Market Divisions

Jan 6 2015 // Odyssey Re Holdings Corp. announced changes to its executive management team in two of OdysseyRe’s operating divisions, EuroAsia and London Market.Isabelle Dubots-Lafitte has been named CEO for the Europe, Middle...

How One Broker, CGSC, Is Navigating Stages of Entrepreneurial Business

Dec 29 2014 // Entrepreneurial organizations go through stages of growth, says the chief executive of one of the world’s largest wholesale insurance and reinsurance brokerages.Toby Esser, CEO of Cooper Gay Swett & Crawford...

People – Southeast

Dec 15 2014 // The Property Casualty Insurers Association of America (PCI) has named Hilary Segura and Logan McFaddin to its state government relations team.Segura and McFaddin assume regional staff duties overseeing states in the...

ACORD CEO Maciag to Retire in 2016

Dec 4 2014 // Gregory Maciag, president and CEO of ACORD, said he plans to retire in one year on January 15, 2016 after nearly 40 years with the international insurance data and forms standards-setting organization.The ACORD board of...

No Ratings Impact from UK’s Counter-Terrorism/Security Bill: A.M. Best

Dec 1 2014 // A bulletin from A.M. Best indicates that it “does not expect rated insurers to be impacted by the amendments to the UK’s Counter-Terrorism and Security Bill, making it illegal for insurers to reimburse ransom...

New London Reinsurer Sets Sights on Africa

Nov 26 2014 // One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces...

UK Anti-Terrorism Proposal Would Clarify Insurance Law on Ransom Payments

Nov 24 2014 // The bill, to be published on Nov. 26 and fast-tracked through Parliament so it becomes law before the general election in May, will also restrict the movement of people wanting to travel abroad to fight for extremist...

China Re to Underwrite at Lloyd’s, Syndicate to Be Managed by Catlin

Nov 21 2014 // China Reinsurance (Group) Corporation has received approval from Lloyd’s to transform its existing special purpose syndicate into a stand-alone syndicate that will underwrite a diversified book of business, initially...

Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee

Nov 20 2014 // Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and an...

CGSC to Rebrand London Insurance Brokerage Operations for 50th Year

Nov 18 2014 // Cooper Gay Swett & Crawford (CGSC) has announced the renaming of its London market brokerage businesses in advance of its 50th year of trading. From January 1st, 2015, CGNMB LLP will become the single united brand,...

Catlin Group Interim Report Shows 11% Hike in Gross Premiums Written

Nov 13 2014 // Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the nine-month period ended September 30, 2014, which shows premiums reported...

RSG Hires Peeters to Head New London MGA

Nov 13 2014 // Ryan Specialty Group (RSG), the global specialty insurance services business based in Chicago, has announced the appointment of Mark Peeters as CEO of a new London-based managing general agent (MGA) specializing in...

Old Mutual to Invest in African Acquisitions as Sales Slow

Nov 5 2014 // Old Mutual plc, Africa’s biggest insurer, has 4.3 billion rand ($386 million) for acquisitions on the continent, where growth rates higher than advanced countries may help boost sales after third-quarter growth...