London News

Humphrey Joins Lockton’s International Practice Unit in Chicago

Lisa Humphrey has joined Lockton Companies as vice president in Lockton’s international practice at its Chicago office. Prior to joining Lockton, Humphrey spent nine years as an account executive for Aon both in the U.S. and London where she worked …

Willis Names Wood Interim CFO

Willis Group Holdings plc announced that Stephen E. Wood, the company’s Global Group Financial Controller, has been named interim Chief Financial Officer. The appointment is effective with the February 19, 2010 departure of Patrick C. Regan, who is leaving the …

Walsom Joins Miller’s Board as Non-executive Director

Roger Walsom has been appointed non-executive director of the UK’s Miller Insurance Investments Limited and Miller Insurance Services Limited. He replaces Ronald Gould, who stood down last September to take up the role of chief executive of Chi-X Asia/Pacific. Walsom …

Six Experienced Execs Join Aon’s London Aviation Team

Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft. “The appointments have been made to further improve business support and create a robust platform for revenue …

Bermuda Signs Tax Pact with Japan

Bermuda’s Minister of Finance, the Hon. Paula A. Cox J.P., M.P., announced that the island has signed a bilateral agreement with Japan that provides for a full exchange of information on criminal and civil tax matters between the two countries. …

C.V. Starr & Co. (California) Appoints Garrison as President and CEO

C.V. Starr & Co. (California) has appointed Michael Garrison president and CEO. The company is an indirect wholly owned subsidiary of C. V. Starr & Co. Inc., and provides comprehensive casualty insurance solutions to a range of specialty classes, including …

Dallas Agency, Agent Partner to Form Lipscomb & Cathey

Dallas-based Lipscomb Insurance Group has partnered with Ronnie Cathey to form Lipscomb & Cathey. Cathey’s expertise includes real estate and marine insurance. Lipscomb is a full service agency offering property/casualty and life/health, as well as unusual and special insurance products …

Icelandic Insurer Exista HF Raided by Anti-fraud Agents

Law enforcement agents from Britain and Iceland searched the premises of Icelandic insurer Exista HF on Tuesday in a probe related to the trading of shares in other companies. The company said Tuesday its offices in Reykjavik were searched by …

Lloyd’s Ordered to Pay Alleged Swindler Stanford’s Defense Costs

A U.S. federal judge ordered insurer Lloyd’s of London Tuesday to pay for alleged swindler Allen Stanford’s defense. Stanford and three other defendants sued the insurer after Lloyd’s stopped providing coverage last year under a directors and officers policy, citing …

Best Affirms RSA Group’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK’s RSA Insurance Group plc. Best also affirmed the ICR of “bbb” …