Latest London Headlines

All the headlines from our London Topic Page, ordered by recency.

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...

BHP Must Stop Funding Legal Action to Halt Mariana Dam Claim, London Court Rules

Jul 24 2024 // BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion-pound claim over one of Brazil’s worst environmental disasters, London’s High Court ruled on...

New London-Based Specialty Reinsurer, Stability Re, Launched

Jul 24 2024 // The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re.This follows the formation in September 2023 of Stability Risk, an MGA created to allow Connect Underwriting Ltd. (a specialist...

People Moves: Liberty Mutual Re Taps Aon’s De La Mare to Lead New Australia/New Zealand Unit; H.W. Kaufman London Names AIG’s Greensmith to Lead Int’l Portfolio

Jul 18 2024 // This edition of International People Moves details appointments at Liberty Mutual Re and H.W. Kaufman Group London.A summary of these new hires follows here. Liberty Mutual Re Taps Aon’s De La Mare to Lead...

Lloyd’s Insurer AEGIS London Launches Data Science and Analytics Team

Jul 15 2024 // AEGIS London, the London-based Lloyd’s syndicate, has established a new Data Science and Analytics team to enhance underwriting capabilities and data-driven initiatives.Led by Giuseppe D’Angelo, head of Data...

Labour Win Brings Few Hopes or Fears to London’s Financial District

Jul 5 2024 // Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many in finance remain wary they could be targeted to...

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...

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...

Probe of Russian Hack on London Hospitals May Take Weeks; Data-Dump Worries Grow

Jun 24 2024 // An investigation into a ransomware attack earlier this month on London hospitals by the Russian group Qilin could take weeks to complete, the country’s state-run National Health Service said Friday, as concerns grow...

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...

People Moves: Canopius Taps Getty From Talbot for Cyber Team; Howden Promotes Hipson to Head of London Broking

Jun 17 2024 // This edition of International People Moves details appointments at special re/insurer Chaucer Group and the London-based broker Howden.A summary of these new hires follows here. Canopius Taps Getty From Talbot for Cyber...

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...

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...

UK Court Decides Aircraft Disputes to Be Heard in Ukraine, Not London

Jun 7 2024 // A legal battle between insurers and aircraft leasing companies over jets stuck in Ukraine should be heard in Ukraine rather than London, the High Court in London ruled on Thursday.Aircraft lessors, including...

Google Ad Tech Class Action Gets Go Ahead From London Judges

Jun 5 2024 // London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations it abused its dominance in digital advertising.The UK’s Competition Appeal...

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...

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...

People Moves: AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London Casualty, Reinsurance; Fusion Specialty Hires 2 for M&A Team in London

May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty.A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...

People Moves: Tokio Marine HCC Expands Product Recall Offering With 2 Hires From AXA XL; London P&I Club’s CEO Gooch to Step Down, Succeeded by Bean

May 13 2024 // This edition of International People Moves details appointments at Tokio Marine HCC – Specialty Group and The London P&I Club.A summary of these new hires follows here. Tokio Marine HCC Expands Product Recall...

Uber Hit With £250 Million Suit From London’s Black Cab Drivers

May 3 2024 // Uber Technologies Inc. was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds accusing it of unlawfully operating in the capital city.The claim alleges Uber improperly...