London News

Italian Court Convicts Google Executives for Italy Autism Video

A Milan court convicted three Google Inc executives on Wednesday for violating the privacy of an Italian boy with autism by letting a video of him being bullied be posted on the site in 2006. Google will appeal the six-month …

Lloyd’s Ranked as one of UK’s ‘Leading Business Brands

Lloyd’s has been selected as one of the UK’s leading business brands – ranking first in the insurance sector and 40th overall – in the 2010 Business Superbrands survey. Lloyd’s pointed out that this is the highest position it has …

Wills’ Faber & Dumas Appoints Tollan to Drive Revenue Growth

Gerry Tollan has joined Faber & Dumas, the wholesale brokerage division of Willis Group Holdings, as Business Development Director, effective immediately. He is based in London and will report to Steve Hearn, CEO. Tollan will focus on “driving revenue growth,” …

Aon Founder Ryan Launches Specialty Wholesale Insurance Group

The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was unveiled in December. Pat Ryan announced …

Montpelier Re Posts $104.7 Million Q4 Net Income; $463.5 Million Full Year

Bermuda-based Montpelier Re Holdings Ltd. reported greatly improved fourth quarter and full year financial results. The reinsurer’s fourth quarter net income was $104.7 million ($1.25 per share), compared to a loss of $47.7 million in Q4 2008. For 2009 net …

Gilvey to Head Willis UK/Ireland Risk Solutions Sales, Client Development

Fiona Gilvey has been named Head of Sales and Client Development for the Risk Solutions group of Willis UK & Ireland (WUKI), effective immediately. She is based in London, and will be responsible for driving revenue growth in the Major …

At Least 40 Die, as Floods, Mudslides Strike Island of Madeira

Rescue workers dug frantically Sunday to free cars and homes buried under heaps of mud in Madeira, after torrential flash floods and mudslides killed at least 40 people on the popular Portuguese island. More than 120 others were injured and …

People

Steve Cooper was appointed president of United Heartland, a national workers’ compensation insurer based in New Berlin, Wis., and a subsidiary of Accident Fund Holdings Inc. Cooper succeeds Emil Pfenninger, who has led United Heartland since its founding in 1990. …

One Person’s View: 7 Wonders of P/C Insurance History

What events have shaped the modern insurance landscape? Which ideas, innovations and accidents stand out as landmarks in the development and growth of this most important industry known as insurance? Following is one person’s opinion of the seven wonders of …

A Recurrence of Recalls; ‘PIGS’ in a Poke; Lloyd’s Powers on; Haiti Now Faces Floods and Hurricanes

First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due to problems with the accelerator …