London News

More European Insurers Hit by Market Writedowns

More European insurers unveiled writedowns on their investments in a second wave of first-quarter results on Thursday, although some said sales were proving relatively resilient. Analysts said investors were left with something of a mixed picture, with signs of improving …

Top 100 Profile: Locked into the Customer at No. 1 Lockton

As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout the coming weeks, InsuranceJournal.com will …

Marsh To Host Regional UK Law Firm Briefings on Changed Risk Landscape

Marsh’s London office announced that it is undertaking a series of briefings in major cities across England for law firms on how the current economic climate has changed the risk landscape, and to provide an insight on the insurance market …

Brown & Brown, Navigators to Partner on Lawyers Liability Insurance Program

Brown & Brown, Inc. announced that Navigators Insurance Co. will become the carrier for its Lawyer’s Protector Plan effective Nov. 1. Brown & Brown and Navigators will combine their existing programs for law firms with one to 19 attorneys, creating …

New H1N1 Flu Virus Not Quite a Pandemic-Yet, Says WHO

The new H1N1 virus shows no signs of sustained person-to-person spread outside of North America and so has not yet tipped over into a pandemic, a top World Health Organization official said Monday. Dr. Keiji Fukuda, acting WHO assistant director-general, …

U.K.’s Marketform Group Launches Five New Classes of Business

The London-based Marketform Group Limited, a leading market for non-US medical malpractice and other specialty lines, has announced that it is now underwriting five new classes of business. Chairman Holly Bellingham described the new lines as a natural progression following …

Glencairn Promotes Cook to CEO

Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker created by Willis, announced the promotion of Nick Cook to Chief Executive Officer effective immediately. Previously a Director and Senior Partner of Glencairn and head of its Property …

Marsh Warns UK Construction Sector Failing to Fully Manage Project Risk

A report from Marsh’s London office warns that “the UK construction sector is failing to fully manage the risks associated with large and complex building projects, which can in turn lead to professional indemnity insurance claims.” Marsh’s warning follows the …

Internet’s Growing Presence Challenges Traditional Insurance Practices

Jeff Ward, a director of London Market reform technology specialists TriSystems, has been working in the field of technology, information processing and insurance for more than 20 years. But even he admits that it’s not easy to pin down all …

Best Rates Lloyd’s Syndicates 382 (Hardy) and 1225 (AEGIS)

Syndicate 382 – Hardy Underwriting A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A ‘(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy (Underwriting Agencies) Ltd (HUA). Best also …