All the headlines from our London Topic Page, ordered by recency.
May 18 2010 // President Barack Obama will create a presidential commission to probe the oil spill in the Gulf of Mexico and energy giant BP said Monday it had “turned the corner” in its efforts to contain it.London-based BP...
May 17 2010 // Volcanic ash from Iceland caused widespread disruption at airports in Britain and other parts of northern Europe on Monday, grounding 1,000 flights and delaying hundreds of thousands of passengers, aviation officials...
Apr 29 2010 // A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of London General Insurance Company Limited (LGI) and London General Life Company...
Apr 20 2010 // Flights from large parts of Europe are set to resume on Tuesday under a deal agreed by the European Union to free up airspace closed by a cloud of ash hurled into the sky by an Icelandic volcano.However, with the cloud...
Apr 14 2010 // Bermuda-based ACE Tempest Re Group has appointed Steve Roberts as managing director of its international business, which includes operations in London, Zurich, Sao Paulo and Shanghai. Roberts is currently the deputy...
Apr 7 2010 // ACE Global Markets made several key appointments to its Trade Credit teams in London and New York.Stuart James has been appointed head of Trade Credit based in London, effective June 1. He will be responsible the...
Mar 24 2010 // A new climate gallery at London’s Science Museum, sponsored by Royal Dutch Shell, will step back from pushing evidence of man-made climate change to adopt a more neutral position.The £4 million ($6 million)...
Mar 22 2010 // A bulletin from Marsh’s London office notes that “following a prolonged period of inactivity for Initial Public Offerings (IPOs) as a result of the global recession…early signs of economic recovery and...
Mar 15 2010 // Lonmar Global Risks was officially launched at the end of last week, as a new and independent broker operating globally from its London base.The company formerly traded as SBJ Global Risks. Its re-branding as Lonmar Global...
Mar 11 2010 // London-based specialty insurer Hiscox, which launched a significantly expanded U.S. presence in 2006, saw gross profits reach record levels ($481 million) in 2009. In this exclusive interview with Insurance Journal, Hiscox...
Mar 11 2010 // Lloyd’s Chairman, Lord Levene, visited Japan and South Korea last week where he opened the new Lloyd’s Japan office and hosted an event with Korean Re, titled – Lloyd’s – A Working...
Feb 22 2010 // Bermuda-based Montpelier Re Holdings Ltd. reported greatly improved fourth quarter and full year financial results. The reinsurer’s fourth quarter net income was $104.7 million ($1.25 per share), compared to a loss...
Feb 8 2010 // Lloyd’s has released its 2010–2012 Strategy after a detailed review. The bulletin noted that it had consulted “over 50 managing agents, brokers and market associations” in assessing the...
Feb 5 2010 // Torus Insurance announced that Louis Scott has joined its Power & Utilities team in London with immediate effect. He will report to Global Head of Power & Utilities, Ben Wilson, working closely with the now...
Feb 2 2010 // Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft.“The appointments have been made to further improve business...
Jan 24 2010 // A recently announced plan by New York’s governor to boost his state’s financial services industry by recreating the New York Insurance Exchange has drawn the attention of insurance industry executives and...
Jan 24 2010 // The tragedy in Haiti is a reminder of how fragile life can be in developing countries.Despite the massive loss of life and widespread destruction in and around the capital Port-au-Prince, vital rescue efforts have been...
Jan 22 2010 // The London Market Group (LMG) aims to continue the progress made in 2009 to modernize the London market’s procedures in an effort to maintain London’s competitiveness in the global insurance market.LMG Chairman...
Jan 21 2010 // Willis North America (WNA), a unit of Willis Group Holdings (NYSE:WSH), named Alastair Swift to its senior management team as chief placement officer, effective immediately.Swift will report to Don Bailey, chairman and...
Jan 8 2010 // Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for...