 Nicknamed "King of the London Insurance Market", Charman was described as "famously strong-willed and opinionated" by the Financial Times.Charman is ranked in the top 100 people in the global finance industry; inside the top ten richest people in the City of London; and 321st overall in the 2004 Sunday Times Rich List.In August 2006 in what is believed to be the largest sum awarded to an English wife in a contested case, Charman was ordered to pay his ex-wife by the High Court of Justice a sum of £48 million.