London News

Mitchell Joins Arch London Property Team

Arch Insurance Europe announced that Alex Mitchell has joined the Property Underwriting team as UK Retail Property Manager. He will be contributing to the development of Arch Europe’s Property Insurance offering by targeting clients in the UK Retail and UK …

World Bank Considering Post-war Political Risk Insurance

The World Bank is looking at a $100 million political risk insurance scheme for countries recovering from war to boost private investment, senior officials from its investment guarantee agency said on Thursday. Foreign investors use political risk insurance to cover …

Ballard Joins Marsh Jewelers’ Block Insurance Team in London

Marsh has appointed Jonathan Ballard as the jewelers’ block specialist in the London office of its Specie Practice, which delivers insurance services and advice concerning the insurance of valuable property such as diamonds, precious metals, art and cash. He will …

Kicking off Fantasy Football Coverage

New York Brokerage Building Suite of Fantasy Sports Insurance Products Fantasy football: It’s a decade-old, multi-billion dollar industry that involves hundreds of companies and directly touches the lives of roughly 27 million Americans. So it makes sense that, eventually, the …

Floods in the U.K.; Lloyd’s Exchange Gets Rolling; Willis in Deal for Gras Savoye

A series of violent storms struck the west coast of England, beginning Nov. 19. Cumbria, the county just below the Scottish border, was the most severely affected area, where heavy rain caused extensive flooding in a number of towns. Six …

Validus Appoints Senior Construction, Engineering Underwriters at Talbot

Bermuda-based Validus Holdings, Ltd. announced that its wholly owned subsidiary, Talbot Underwriting, Ltd., is expanding its presence in the international Construction and Engineering market with the appointments of Simon Wilcock and Patrick Bravery, both highly experienced underwriters who had formerly …

‘Fog in Channel’ – The Disconnect between England and France

The rest of that phrase, from a long ago Times headline, reads “- Continent Cut Off.” It succinctly summarizes the past, present and probably future state of relations between two of Europe’s oldest nation states – England and France. Although …

Bakker to Head Willis European Capital Markets, Advisory Unit

Willis Group Holdings announced that Michiel Bakker has been appointed Managing Director and Head of Europe for its Willis Capital Markets and Advisory unit, formed earlier this year to expand the broker’s capital markets and merger and acquisitions advisory services …

Miller Expands Corporate Risks Capability

London and Lloyd’s broker Miller Insurance Services Limited announced that it has strengthened its expertise for major corporate retail clients with the appointments of Kiran Nayee and Trevor Young to its team in London. Nayee joins Miller from Marsh UK …

France Tries to Calm Britain’s Angst over Regulation Threats

France tried to reassure Britain on Thursday that its push for tougher financial regulation in the European Union would not undermine the City of London, saying new rules would not hurt anyone system in particular. Tensions between the two countries …