London News

Connolly Joins Miller Energy Unit

London-based Miller Insurance Services Limited announced that Brian Connolly has joined its Energy, Property & Casualty business unit. He has more than 30 years’ experience in the insurance market, previously as an underwriter and since 1992 as a broker, “in …

Willis North America Appoints Swift as Chief Placement Officer

Willis North America (WNA), a unit of Willis Group Holdings (NYSE:WSH), named Alastair Swift to its senior management team as chief placement officer, effective immediately. Swift will report to Don Bailey, chairman and CEO, Willis North America, and will relocate …

Torus Adds Personnel for New UK-based Property Team

Torus announced that it is in the process of establishing a London-based property tem to serve the UK. David Ring joins the Company to lead the new operations as UK Head of General Property. He is responsible for managing and …

Markel International Appoints Davies as Marine, Energy Underwriter

Markel International has appointed Tom Davies as liability underwriter in the insurer’s Marine and Energy Division. Davies has eight years of experience in marine and energy insurance and has spent the last six years at Catlin, most recently in the …

In Memoriam: NAPSLO Founder Blodgett

Insurance industry veteran and National Association of Professional Lines Offices (NAPSLO) founder A. Mason Blodgett died peacefully on Jan. 14, 2010, at age 94. Blodgett’s insurance career spanned more than seven decades. It began in Boston in 1932 with “little …

Best Affirms Aspen’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK), Bermuda-based Aspen Insurance Limited (AIL), and Aspen Specialty Insurance Company (ASIC), which is based …

State Farm to Drop 1,650 Policies on North Carolina’s Barrier Islands

State Farm will drop as many as 1,650 insurance policies on homes on North Carolina’s coastal barrier islands, according to state officials. Kristin Millam, public information director for the North Carolina Department of Insurance, said State Farm executives told regulators …

World Economic Forum Presents Global Risks Report for Davos Summit

The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office. The report, which the WEF has prepared in each of the …

Marsh Names Macey-Dare Leader Int’l. Political Risk, Structured Credit

Marsh has appointed Julian Macey-Dare as International Leader of its Political Risk and Structured Credit Practice, based in London. He will “drive new business opportunities for Marsh’s Political Risk and Structured Credit Practice globally outside of the US and oversee …

New York Plans First Steps to Creating Lloyd’s Competitor

New York regulators are aggressively pursuing plans for a reincarnation of the New York Insurance Exchange and expect to finish assembling a “working group” of industry insiders within the next two months who will guide the revival of a Lloyd’s …