London News

Willis Completes Change in Country of Incorporation to Ireland

Willis Group Holdings announced that its reorganization has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company (PLC) – is incorporated in Ireland. Willis first announced the reorganization in …

Praise and Honors for Lloyd’s Retiring Franchise Director Rolfe Tolle

Tributes have poured in from across the Lloyd’s market to Rolf Tolle, who, as Lloyd’s first Franchise Performance Director, is being hailed as “one of the main architects of the market’s resurgence as a leading force in the international insurance …

Europe Feels Left Out in Cold on Climate Change Deal

It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset with the …

Torus Names Fillingham UK COO

Torus announced the appointment of Tim Fillingham as Chief Operating Officer for Torus UK. His primary role is to “ensure superior service delivery to clients and brokers accessing the London and UK markets and leading relationship management with UK-based brokers,” …

Drayer to Lead London American’s Allied Medical Department in Houston

Terry Morgan Drayer has joined London American Risk Specialists Inc. as senior casualty broker. Drayer will launch the firm’s new Allied Medical Department in the Houston, Texas, office. Drayer’s focus will be on allied medical risks and ancillary medical facility …

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …

People

Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Economies Slowly Recovering; Climate Change Negotiators Still Talking

Swiss Re’s recent Economic Forum at the reinsurer’s iconic London headquarters presented a far more encouraging picture of the world’s financial condition than a year ago. Thomas Hess, Swiss Re’s chief economist and head of global research; Clarence Wong, chief …

Ratings: NIPPONKOA, Russian Re, Lemma, Lakeside Re, Inter Hanover

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks for both ratings is stable. “The ratings reflect NIPPONKOA …