All the headlines from our London Topic Page, ordered by recency.
Apr 27 2009 // According to a report from Willis Group Holdings, “over the last three months, London market insurers reported an average premium reduction of eight percent on renewal business for the commercial sector’s...
Apr 16 2009 // “We’ve experienced good growth over the last ten years, and we’re looking to expand further,” said Stewart McCulloch, head of UK and insurance operations for London-based service provider...
Apr 14 2009 // Glencairn, the Property, Casualty, Accident and Health broker within Willis Faber & Dumas division, announced that the London-based Upstream Energy team of Global Special Risks (GSR), headed by Andy Baker, has joined...
Mar 24 2009 // Willis Group Holdings announced the formation of FINEX Global, a new division that will incorporate all of Willis’ existing London-based Financial, Executive Risk and Professional Liability business.Willis noted:...
Mar 23 2009 // The Bermuda-based Catlin Group Limited announced that Patrick Wills will join Catlin, effective May 5, as Deputy Chief Investment Officer, based in the group’s London office.Wills will work alongside Nylesh Shah, who...
Mar 19 2009 // William Stovin, president and COO of Markel International, has been going in both directions since 2000. That’s the year its parent, Virginia-based Markel Corp., bought the UK and Lloyd’s insurer Terra Nova....
Mar 18 2009 // Britain’s Financial Services Authority (FSA) will publish Wednesday a blueprint for a shake-up of global banking regulations aimed at preventing a recurrence of the financial crisis weighing down the world...
Mar 17 2009 // Bermuda-based Aspen Insurance Holdings Limited announced that it has appointed Rupert Villers, effective April 27, 2009 as head of its newly combined Financial and Professional Lines Insurance business segment. He will be...
Mar 12 2009 // A summit meeting on the financial crisis in London next month will tackle the issue of climate change, which the U.N. chief had planned to make the focus of a separate gathering in New York, diplomats said.Worried that the...
Mar 9 2009 // Despite all the technical changes, Lloyd’s of London continues to adhere to its century’s old tradition of accepting the most unusual risks. It has just agreed to cover the tongue of Gennaro Pelliccia, Costa...
Mar 3 2009 // Marsh’s London office reports that the insurance broker and risk adviser has appointed Paul O’Keefe as Global Claims Leader for its Global Energy Practice. In the newly created role he will co-ordinate all...
Feb 10 2009 // The London-based Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker established by Willis, has announced the establishment of an energy division within the London market and the...
Feb 9 2009 // Lloyd’s might be better known for its historic insurance market and its iconic modern building, but it also participates in a number of charitable activities in and around London. This year Lloyd’s is...
Jan 28 2009 // “The marine insurance industry is facing one of the most crucial periods it has ever met, and underwriters, given the devastating fall in volumes and values in global trade, will have to ‘run hard to stay in...
Jan 25 2009 // Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a number of British insurers have taken it to heart and have built substantial profit centers...
Jan 16 2009 // The Lloyd’s Exchange pilot initiative (See IJ web site – https://www.insurancejournal.com/news/international/2009/01/13/96927.htm] was formally introduced on Thursday to the general approval of all concerned....
Jan 8 2009 // The Market Reform Group (MRG), which sets priorities for London’s insurance industry, has announced its plans to, in its words, “deliver a new growth spurt that will further cement London as the market of...
Dec 21 2008 // Buyers that aren’t buying; houses that aren’t selling, banks that aren’t lending — sound familiar? But in this case it’s the United Kingdom that we’re talking about, not the United...
Dec 3 2008 // The UK’s Chartered Insurance Institute Group’s London Market Faculty has teamed up with the National Counter Terrorism Security Office (NaCTSO) and the Metropolitan Police Counter Terrorism Command to hold a...
Dec 3 2008 // North Carolina-based private security contractor Blackwater Worldwide is meeting with shipping and insurance companies this week to describe what the company can do to protect vessels traveling through the volatile Gulf of...