Best Read London Headlines

Headlines from our London Topic Page with the most time spent reading.

#1 City of London Chief Says Brexit ‘Disaster’ Cost 40,000 Finance Jobs

Oct 16 2024 // Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of London told Reuters, a far deeper impact from Brexit than previous estimates.Michael...

#2 City of London Hit Harder Than Rest of Economy Since Brexit Vote

Feb 3 2025 // The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum.Financial and insurance...

#3 Global Insurers Fight London Court Battle Over Jets Seized in Russia

Oct 2 2024 // Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation...

#4 Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans

Jan 16 2025 // The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash.Labour, for decades the political party that favored taming the...

#5 US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth

Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...

#6 London Hospitals Knew of Cyber Vulnerabilities Years Before Hack

Jun 17 2024 // A group of London hospitals struggling to contain the fallout from a cyberattack against a critical supplier had known for years about weaknesses that left them vulnerable to hacks, according to documents reviewed by...

#7 London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses

Sep 6 2024 // The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders.London...

#8 Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer

Dec 4 2024 // The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to people familiar with the matter.The shareholders, which include buyout firm JC Flowers...

#9 City of London Is Relaxed About the Prospect of a Labour Election Win

May 24 2024 // In the City of London, executives are looking forward to the imminent general election as a chance for clarity after a turbulent few years.Matthew Beesley, chief executive officer at Jupiter Fund Management Plc, said...

#10 London Defers Tallest Tower Decision Amid Neighbors’ Objections, Including Lloyd’s

Jul 3 2024 // The City of London Corporation deferred a vote on plans for a new 73-story office tower next to the Gherkin that’s set to become the tallest building in the historic financial district.The City Corporation’s...

#11 A London Hospital Is Asking Its Own Workers for Blood After Cyberattack

Jun 12 2024 // A London hospital, facing blood supply disruptions after a cyberattack last week paralyzed operations, is asking its own clinical workers for blood.King’s College Hospital is calling on staff with the blood type O to...

#12 Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

Aug 2 2024 // Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common...

#13 Lloyd’s of London Trade Body Examines Planned Conduct Overhaul

Dec 16 2024 // Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened...

#14 Coverys Launches London Market Insurer, Approved to Write US E&S Business

Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26.Coverys Ltd. is part of Coverys’ dedicated London platforms...

#15 People Moves: AXIS Taps Chubb’s Farrup to Lead Global Mkts, Succeeding Gregory; Agile’s Lloyd’s Syndicate Hires AXA XL’s Hughes for London Marine Operation

Jan 6 2025 // This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group.A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets,...

#16 City of London’s Tallest Tower Fully Leased With RiverStone International Deal

Jan 20 2025 // The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed.RiverStone International, a holding company that acquires insurance businesses, has...

#17 Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says

Oct 10 2024 // The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim Finance said on Wednesday.Some European insurers, including...

#18 London Hospitals Hit by Cyberattack Affecting Blood Transfusions

Jun 5 2024 // Services at several London hospitals were disrupted after a provider that helps manage blood transfusions and lab services was hit by a ransomware attack.Lab services provider Synnovis confirmed the attack in a statement...

#19 London Workers Hit by Travel Disruption After Power Outage

May 12 2025 // London commuters face significant disruption to their journeys after a power failure knocked out parts of the capital’s underground network.Trains are delayed or not running on all or some sections of the Bakerloo,...

#20 Warburg Pincus’ K2 Launches London-Based MGA, K2 Rubicon Specialty

Jun 21 2024 // K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty.The new MGA division was...