London News

UK’s Miller Enhances North American Property Capability

London-based insurance and reinsurance broker Miller announced that it has strengthened its North American property broking team with the appointment of Robert Pound. He has more than 10 years’ experience in the insurance industry and previously worked at Lockton International …

Lloyd’s Posts 2009 Profits of $5.8 Billion

Lloyd’s announced overall pretax profits of £3.868 billion [$5.796 billion] for 2009, doubling the £1.899 billion [$2.84 billion] it reported for 2008. The record results were achieved despite ongoing economic problems in the UK and the decline in the value …

London Science Museum Goes Climate Science Neutral

A new climate gallery at London’s Science Museum, sponsored by Royal Dutch Shell, will step back from pushing evidence of man-made climate change to adopt a more neutral position. The £4 million ($6 million) exhibition, opening in November, will provide …

EU Trade Chief Says U.S. Must Make First Move to Restart Doha Round

The European Union cannot make more concessions on farm trade to restart stalled world trade talks and the United States must make the first move, the EU’s new trade chief said on Monday. The ball was not in the EU’s …

Premier Physicians Insurance Co. RRG Earns “A” Rating

Las Vegas-based Premier Physicians Insurance Co. risk retention group announced it has earned a Financial Stability Rating (FSR) of “A Exceptional” from Demotech Inc., a financial analysis firm located in Columbus, Ohio. The FSR is Premier Physicians’ first rating. According …

People

Cheryl Celcer has joined wholesale insurance provider Swett & Crawford after a nearly 30-year career with The Hartford, in which she held the position of executive select customer sales representative. Celcer will work out of her office in Oklahoma City. …

Green Is Good, Right?

Insurers Monitoring Defects, Claims Tied to Green Building Products and Designs From wind turbines and fuel cells to vegetative roofs and bamboo surfaces, innovative green construction materials are showing up everywhere. A number of insurers are on board with new …

Marsh Sees More IPO’s Fueling Demand for Prof. Liability Coverage

A bulletin from Marsh’s London office notes that “following a prolonged period of inactivity for Initial Public Offerings (IPOs) as a result of the global recession…early signs of economic recovery and new rules for UK firms listing on the London …

Cheng Joins Miller Singapore

The UK-based Miller Insurance Services Limited announced that Paul Cheng has joined its office in Singapore. He will be assisting with the servicing of Miller’s “existing professional risks clients in Asia and to lead the development of this type of …

Marsh: Environmental Liability Concerns Top Risk Management Agenda

“The heightened environmental liabilities created by recent European Union (EU) and UK environmental legislation were among the top risk management concerns raised by delegates at this week’s Base conference in London,” according to Marsh. The presentations focused on environmental risk …