All the headlines from our London Topic Page, ordered by recency.
Nov 29 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” counterparty credit and insurer financial strength ratings on The Standard Steamship Owners’ P&I Association...
Nov 24 2004 // Global insurance broker Willis Group Holdings is moving its world headquarters to Lime Street – across the street from Lloyd’s. Chairman and CEO Joe Plumeri has signed a Lease Agreement for the property at 51...
Nov 22 2004 // QUOTE:This will impact every underwriter in Lloyd’s and most in London, given the distribution chain they inhabit.There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to...
Nov 11 2004 // Carvill, a leading reinsurance intermediary in Specialty business, announced the launch of Carvill Re, to provide a “dedicated focus to expanding Carvill’s relationships in the London reinsurance...
Nov 11 2004 // A.M. Best Co. announced that it has placed the financial strength rating of “A” (Excellent) of U.K.-based Zurich Specialties London Limited (ZSL) under review with negative implications. Best explained that it...
Nov 9 2004 // ACE European Group Limited, the cornerstone of ACE’s London Market and European business, announced that it has received regulatory approval to transfer its Belgian based business into the U.K.-based...
Nov 5 2004 // The U.K.’s Chartered Insurance Institute (CII) announced the opening of its new London Market Faculty at a special reception held at London’s newest landmark – Swiss Re’s London headquarters...
Nov 1 2004 // A.M. Best Co. announced that Zurich Financial Services Group’s (ZFS) “A” (Excellent) financial strength rating and that of its core subsidiaries will remain unaffected following the sale of Turegum...
Oct 29 2004 // Robert Damon-Aspen has been jailed for two and a half years for deception conducted through his internet-based insurance intermediary business CFT Group Insurance Services.He reportedly used the Internet to take premiums...
Oct 28 2004 // The London market in general and Lloyd’s in particular has not been overly verbose in commenting on New York State Attorney General Eliot Spitzer’s ongoing investigation of the insurance industry. Apart from a...
Oct 6 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on UMS Generali Marine SpA (UMS) with a positive...
Oct 1 2004 // Aspen Insurance Holdings Limited announced from its Bermuda headquarters the next stages in the development of its corporate strategy as it expands its business in Bermuda and further diversifies its operations.“In...
Sep 27 2004 // Anyone who has ever visited Lloyd’s ultra-modern headquarters building on London’s Lime Street is struck by an odd anomaly. Despite the fact that every underwriter’s desk duly sports the obligatory...
Sep 22 2004 // XL Capital Ltd. is moving into new offices for its London operations, and will mark the occasion by announcing the insurer’s financial commitment to the UK charity Community Links — an East London organization...
Sep 8 2004 // Aspen Insurance UK Limited announced from London that Kevin Golson has joined the Company as a marine hull underwriter. “Kevin has over 25 years experience in the marine market, focusing on complex, technically...
Sep 7 2004 // Expanding information and sharing intelligence will be the focus of Europe’s first ever Healthcare Fraud and Corruption Conference, scheduled to be held in London on 18/19 October 2004.The conference sponsors noted...
Sep 3 2004 // Bermuda-based Aspen Insurance Holdings Limited announced that it intends to further expand its London market insurance portfolio by recruiting a new team to develop an aviation insurance account from 2005. Aspen Insurance...
Sep 1 2004 // ACE Financial Solutions International (ACE FSI), one of the ACE Group of Companies, announced the appointment of Guy Swayne to the new post of Executive Vice President. Swayne will be based in Bermuda and will be...
Aug 31 2004 // Bermuda-based Allied World Assurance Holdings, Ltd., announced that its subsidiary, Allied World Assurance Company (Reinsurance) Limited (AWAC Re) has established and opened a branch office in London.AWAC Re commenced...
Aug 11 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “B++” (Very Good) to U.K.-based London General Insurance Company Ltd. (LGI) with a stable outlook.“The rating reflects the...