All the headlines from our London Topic Page, ordered by recency.
Jan 3 2012 // Business processing specialist Xchanging announced that it has invested in a major upgrade of the mainframe platform at the heart of the London Market Bureau.The bulletin explained that the company has purchased an IBM...
Dec 13 2011 // Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational risk.With the boom in social media, interest in reputational risk has itself boomed....
Dec 5 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty...
Nov 23 2011 // From credit bottlenecks in Eastern Europe to slower growth in China, delays in tackling the euro zone’s debt crisis are causing ever-greater economic and financial damage well beyond the borders of the 17-nation...
Nov 17 2011 // Aon Risk Solutions, the risk management business of Aon Corp., and ACE have both announced the “successful implementation of Rüschlikon accounting and settlement standards via The Exchange.”The announcement...
Nov 14 2011 // Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash...
Nov 14 2011 // International broker Lockton announced that its London operations have “commenced trading with e-Accounts, the initiative which enhances the electronic submission of accounting entries by brokers to support global...
Nov 4 2011 // A new report released today by The Economist Intelligence Unit during the Economist Conferences’ Risk Summit, hosted by Willis Group Holdings in London, revealed the importance of looking beyond the current risk...
Oct 31 2011 // UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of...
Oct 28 2011 // The London market’s ambition to enable brokers to trade globally with it more easily has taken a significant step closer with phase one of e-Accounts now operational.Brokers using the system can “send and...
Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...
Oct 24 2011 // Stefan Holzberger, A.M. Best’s managing director-analytics, recently moved to London from the U.S. He is well placed to analyze the impact of the European Union’s Solvency II regulations, not only on the...
Oct 20 2011 // Willis Group Holdings plc in London has named Tim Wright as chief executive officer of Willis International, the company’s business unit serving all of Willis’ retail clients around the globe outside North...
Oct 20 2011 // Insurance entrepreneur Mark Byrne pulled ahead in the race to buy Lloyd’s of London insurer Omega after Omega and its top shareholder backed his offer, prompting his main rival to withdraw.Omega, at the centre of a...
Oct 17 2011 // ISU Network, Great Northern, Davidson InsuranceGreat Northern Insurance of Sterling Heights, Mich., and Davidson Insurance Agency of West Plains, Mo., have joined the ISU Network, the San Francisco-based organization...
Oct 12 2011 // A panel of insurance market figures “were in overwhelming agreement today that London is leading the way in the global competitive market place,” said a bulletin from electronic processing firm Xchanging, who...
Oct 6 2011 // Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders.Paul Jansen and Kevin Hastings have launched Cove Programs, a newly...
Oct 5 2011 // Global reinsurance broker U.S. RE Corp. has appointed reinsurance veteran Scott Polkinghorne as senior vice president. He will be based at the company’s headquarters in Pearl River, N.Y. Polkinghorne is a reinsurance...
Sep 26 2011 // The London-based operations of XL Group plc and Willis Limited, the principal UK broking company of global insurance broker Willis Group Holdings plc, announced the successful launch of a “full electronic accounting...
Sep 22 2011 // Willis Group Holdings plc announced that Mark Wilford, currently Director of Risk at Rolls-Royce Group plc, has been appointed Chairman of the Willis Global Aerospace division, effective January 1, 2012. He will be based...