All the headlines from our London Topic Page, ordered by recency.
Oct 4 2022 // Britain’s new Prime Minister Liz Truss promised to “unshackle” the City of London to fuel growth, but crashing the bond market over tax cuts will take the shine off her “Big Bang” plan for...
Sep 29 2022 // As Louisiana continues to be plagued by a spiraling insurance crisis, with insurers leaving the state and canceling homeowner policies as thousands of claims remain unpaid following a series of hurricanes, Gov. John Bel...
Sep 27 2022 // The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on regulatory standards to win business, BoE executive director Victoria Saporta said on...
Sep 15 2022 // IQUW Taps Lancashire’s Warburg as Head of Reinsurance, LondonProperty and specialty re/insurer IQUW has named Dan Warburg as its new head of Reinsurance, London. Based in London, he will report to Steven Tebbutt,...
Sep 8 2022 // Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs as UK inflation hits multi-decade highs.John Neal, chief executive officer at the insurance...
Sep 8 2022 // Kwasi Kwarteng, the UK’s new chancellor of the exchequer, said the government will pursue sweeping financial reforms to unleash growth and competitiveness at a meeting Wednesday with industry leaders.The aim is to...
Sep 6 2022 // Liz Truss becomes Britain’s prime minister on Tuesday after a campaign in which she promised to “really unshackle” the City of London by making the most of Brexit in the 164-billion-pound ($192 billion)...
Sep 1 2022 // After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the pandemic, Rishi Sunak must have expected the full-throated backing of the financial sector when he...
Aug 17 2022 // City of London workers looking to save money may want to embrace the office over winter as the cost of working from home soars alongside energy bills.Those prepared to go into the office every day could save about £50...
Aug 4 2022 // The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance cover per cargo, industry sources involved said on...
Jul 29 2022 // Barclays Plc was hit with three discrimination claims in London from Black bankers who accused the lender and colleagues of treating them unfairly because of their race, after they raised concerns about internal business...
Jul 29 2022 // Lloyd’s of London insurer Ascot and broker Marsh on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments...
Jul 25 2022 // London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the...
Jul 11 2022 // Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease.In January, the market reportedly was conducting...
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July.He will be responsible for overseeing underwriting, delegated authority management, claims and the...
Jul 7 2022 // City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth.The resignations of Chancellor Rishi Sunak and...
Jun 29 2022 // Mosaic Insurance has welcomed its second year of summer interns, expanding the program to include students at its Bermuda, New York, and London offices.Skyler Powell, 20, is working as a Communications, Marketing &...
Jun 23 2022 // InShare and Skyward Target Gig Driver Firms With Accident InsuranceManaging general agent (MGA) InShare and Skyward Specialty Insurance Group Inc. announced the launch of an occupational accident insurance offering for...
Jun 13 2022 // City of London workers are yet to return to the financial heartland in numbers seen before the spread of the omicron variant.About 60% to 70% of City employees are back at their desks, according to data compiled by Google,...
Jun 9 2022 // The verdict is in: Londoners enjoy and value working from home and don’t see a future that includes a return to the old five-day office week, no matter what politicians, their bosses or the media say.Almost 80% of...