Steamship Mutual, a London-based global P&I (Protection & Indemnity) Club, announced that “during the 2010/11 financial year the Club’s underwriting performance has continued to strengthen and it has made good progress towards meeting its financial objectives.” The bulletin noted that …
Aon announced that it has selected The Leadenhall Building as its future London headquarters. The office tower is currently under construction, directly across Leadenhall Street from Lloyd’s. When completed it will be 224 meters (just under 700 feet) tall. The …
After launching its drive into the UK’s commercial lines mid-market in March, Liberty Mutual Insurance, the Commercial Lines operation of Liberty Mutual Insurance Europe Limited, has announced several new staff appointments as part of this initiative. Nine new members of …
W. R. Berkley Corporation has announced the formation of Berkley Re UK Limited, based in London. Its principal focus “will be underwriting casualty and property treaty reinsurance, subject to regulatory approval,” said the announcement. “The operations of Berkley Re UK …
Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16 offices throughout the …
A bulletin from Marsh’s London office warns that “ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.” The problem prompted marsh to come up with a new product, “Charter Default.” …
The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on Thursday May 19 at 3pm, in a bid …
Willis Group Holdings announced that, effective immediately, Gianmarco Tosti has been appointed CEO, Willis Facultative London, a newly created post. He will lead a team of 50 Associates responsible for the placement of international facultative reinsurance business into the London …
Jacobson Group, the Chicago-based insurance executive search firm, announced that it has concluded an affiliation with ejsSearch a London-based firm focused on executive-level assignments in the UK, Europe, and internationally. Jacobson described the affiliation as designed to “best support its …
Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability risks. The new product line, which will be led …
