All the headlines from our London Topic Page, ordered by recency.
Jul 18 2003 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business...
Jul 14 2003 // Arch Insurance Group, a division of Arch Capital Group Ltd., announced that Jane Comerford was named to the position of vice president, Executive Assurance. In her new role, Comerford will focus on developing Arch’s...
Jul 8 2003 // Lloyd’s Underwriters and other London Market Insurers announced that a Seattle jury had found in their favor after a three week trial in their dispute with Puget Sound Energy, Inc. (“PSE”), a large gas...
Jun 30 2003 // London American General Agency announced its new exclusive California Used Car Dealer Program. Written through an A VX rated insurer, this program is underwritten in-house and the carrier is non-admitted. Coverage...
Jun 25 2003 // London American has unveiled a new Small Restaurant program for California.Written on a non-admitted basis with an A XV insurer, the new program will target independently-owned small restaurants, fast food restaurants, and...
Jun 25 2003 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that William P. O’Malley Jr. has been named to the position of Vice President, Energy, beginning June 28. He will be based in the...
Jun 18 2003 // Bermuda-based AXIS Capital Holdings Limited announced that it has received regulatory approval for the establishment of a London branch of its European insurance subsidiary, AXIS Specialty Europe Limited. AXIS recently...
Jun 4 2003 // The California Court of Appeal recently ruled that Lloyd’s of London could not force a self-employed plumbing contractor to arbitrate his claim for bad faith denial of disability insurance benefits. Trial Lawyers for...
May 22 2003 // Bermuda-based Allied World Assurance Holdings, Ltd announced the opening in London of the first underwriting branch of its Irish insurance subsidiary, Allied World Assurance Company (Europe) Limited (AWAC-E), under the...
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
May 5 2003 // A year ago, Lloyd’s course was “steady as she goes,” following the enormous losses of Sept. 11, but with the appointment of a new chairman last November, Lord Peter Levene of Portsoken, coupled with a...
Apr 21 2003 // Bermuda-based ACE Financial Solutions International, Ltd. announced the promotion of both Mark Lima and Simon Burton to the position of executive vice president. Both Lima and Burton will continue to report directly to...
Apr 2 2003 // Equitas, the Lloyd’s runoff vehicle established to handle claims prior to 1992, and Honeywell International jointly announced that they have “reached a comprehensive policy buy-back settlement of all insurance...
Mar 24 2003 // Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the first brokers to win the Lloyd’s U.S. Broker Awards. The awards for U.S. Reinsurance...
Mar 17 2003 // Lloyd’s Chairman, Lord Peter Levene, called upon underwriters and brokers to move away from the paper-bound system that has barely changed for decades and embrace the technology of the 21st century. He made clear...
Mar 13 2003 // Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the first brokers to win the Lloyd’s U.S. Broker Awards. The awards for U.S. Reinsurance...
Feb 27 2003 // XL London Market Ltd (XLLM), an XL Capital Ltd company announced that Julian Bowen-Rees was named global practice leader for XL’s equine business, including both the XLLM bloodstock and livestock operations and...
Feb 7 2003 // A. Bilbrough & Co., the managing agents of the London Protection and Indemnity Club, the marine insurers that issued coverage for the oil tanker Prestige, have posted a 3 million Euro ($3.24 million) bond for the...
Jan 30 2003 // A judge in Austin, Texas ordered a London- and Canada-based organization to stop marketing boat and other watercraft insurance in Texas without a license and to pay a $1 million fine imposed last year by Commissioner Jose...
Jan 22 2003 // Zurich North America and Zurich London Limited, two of the main operating companies of the Swiss-based Zurich Financial Services Group (ZFS) announced that Fredrik Murer has joined the Zurich Emerging Markets group as a...